1. Oregon
2. Portland
3. -1 Se TIBBETTS St

-1 Se TIBBETTS St, Portland, OR 97206

• 5 beds |
• 3 baths |
• 3,420 sqft

Property Description

Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% 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 and live in the non-conforming 3rd unit. DND Tenants.

Listing Status:

Active

Date Added:

May 5, 2025 at 05:00AM

Listing Office:

Urban Nest Realty : 503-432-8126

Listing Agent:

Michael Kafoury : 503-490-0344

MLS ID:

554544251

Interior

• General: Laundry
• Basement: Full basementPartially finished
• A/C: Central air
• Heating: Forced air
• Fireplace: Wood burningFireplaceFireplaces: 2
• Disability Feature: Natural lightingParking

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Michael Kafoury, Urban Nest Realty