Overview
- 5
- 3
- 3.0
- 3420 Sqft
- 1956
- SingleFamilyResidence, Residential
- 230352243
- 0.13 Acres
- Urban Nest Realty
- Michael Kafoury
Description
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don’t miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.
Details
Updated on July 19, 2026 at 5:27 pm-
MLS# 230352243
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Price $715,000
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Property Size 3420 Sqft
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Land Area 0.13 Acres
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Bedrooms 5
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Bathrooms 3
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Car Garage 3.0
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Garage Size x x
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Year Built 1956
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Property Type SingleFamilyResidence, Residential
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Property Status Active
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Office Name Urban Nest Realty
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Agent Name Michael Kafoury
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Office Phone 503-432-8126
Additional details
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Listing Terms Assumable, Cash, Conventional, FHA, VALoan
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Roof Composition
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Sewer Public Sewer
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Cooling Central Air
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Heating Forced Air
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County Multnomah
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Property Type Residential
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Parking Carport, Driveway
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Elementary School Creston
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Middle School Kellogg
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High School Franklin
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Architectural Style Stories1
Walkscore
Mortgage Calculator
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Down Payment
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Contact Information
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Disclaimer (Because Lawyers Are Fun):
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
