$514,995

5215 N WILLIS Blvd, Portland, OR 97203

  • 1,519 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $339/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don’t miss your chance to capitalize on this income-producing gem in Portland’s NoPo/St. Johns area!

Listing Status:
Active
Date Added:
January 26, 2025 at 06:00AM
Listing Office:
RE/MAX Equity Group : 503-287-8989
Listing Agent:
Kevin Smallbeck : 503-351-4989
MLS ID:
325493717
  • Basement: Crawl space
  • Heating: Forced air

This listing courtesy of Kevin Smallbeck, RE/MAX Equity Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cesar Chavez Elementary School

5103 N Willis Blvd, Portland, OR, 97203

Grades KG-8

0.08 miles away

C

Cesar Chavez Elementary School

5103 N Willis Blvd, Portland, OR, 97203

Grades KG-8

0.08 miles away

R

Roosevelt High School

6941 N Central St, Portland, OR, 97203

Grades 9-12

0.90 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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