Overview
- 1.0
- 1920 Sqft
- 1915
- MultiFamily
- 193312957
- 0.11 Acres
- Summa Real Estate Group
- Angie Hobson
Description
Turnkey income opportunity on the border of North Tabor and Rose City Park. This updated property offers two separate 2-bedroom, 1-bath living spaces, each with its own kitchen, laundry and comfortable living areas, creating flexibility for an investor or house hacker. Currently leased as two long-term rental units with a proven rental history, recent 12-month figures reflect approximately $39, 874 in rental income plus utility reimbursements. Keep both units as rentals or explore future owner occupancy while using income from the second unit to help offset the investment.Extensively remodeled in 2022, the property features updated kitchens and bathrooms, newer appliances, a tankless water heater, mini-split heating and cooling, gas furnace, and newer interior and exterior paint. A new roof and radon mitigation system were added in late 2022, providing valuable improvements already completed for the next owner.Mature landscaping surrounds an oversized backyard with two covered patio areas, while a detached garage, spacious driveway and RV hookups add functionality. The detached garage also offers potential for a future ADU, subject to buyer due diligence and applicable requirements. Conveniently located near parks, restaurants, shopping and I-84 with easy access throughout Portland. Financial records and rental history available for buyer review [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202853]
Details
Updated on October 7, 2026 at 9:30 am-
MLS# 193312957
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Price $600,000
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Property Size 1920 Sqft
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Land Area 0.11 Acres
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Car Garage 1.0
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Garage Size x x
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Year Built 1915
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Property Type MultiFamily
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Property Status Active
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Office Name Summa Real Estate Group
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Agent Name Angie Hobson
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Office Phone 503-906-2606
Additional details
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Listing Terms Cash, Conventional, FHA, VALoan
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Roof Composition
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Sewer Public Sewer
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Cooling Heat Pump, Mini Split
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Heating Forced Air95Plus, Heat Pump, Mini Split
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County Multnomah
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Property Type MultiFamily
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Parking Driveway, Off Street
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Elementary School Vestal
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Middle School Harrison Park
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High School Franklin
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly HOA Fees
Contact Information
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