$780,000

5105 Se TIBBETTS St, Portland, OR 97206

  • 3,420 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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:
331659176
  • Basement: Full basementPartially finished
  • A/C: Central air
  • Heating: Forced air

This listing courtesy of Michael Kafoury, Urban Nest Realty

Location

Schools Nearby

C

Creston Elementary School

4701 SE Bush St, Portland, OR, 97206

Grades EE-5

0.42 miles away

S

Sunnyside Environmental School

3421 SE Salmon St, Portland, OR, 97214

Grades KG-8

1.35 miles away

F

Franklin High School

5405 SE Woodward St, Portland, OR, 97206

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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