Oregon
Portland
5223 Se LAFAYETTE St

$1,283,000

5223 Se LAFAYETTE St, Portland, OR 97206

3,683 sqft

Multi-Family Home
Built in 1969
5,227sqft lot
3 car garage
$348/sqft
Listed 4 months ago

Property Description

This five-unit beauty has legs! Terrific Foster/Powell location ideal for renters. Four two-story units and one single level unit. Townhouse style two-story units have been professionally remodeled. Kitchens feature granite counter tops, new cabinets and new appliances. Living room floors are either engineered wood or oak. New carpet on the upper levels. Bathrooms with subway tile and new fixtures. Two units have a private backyard. The single level unit upstairs has a private patio. Solid tenants with significant room to improve rents. This building is a long-term hold with incredible opportunity to build cash flow and equity. Fully occupied -- please do not disturb tenants. Offer contingent on interior inspection. No sign at the property. Seller is a licensed agent in another state. A wonderful property to start or improve your investment portfolio!

Listing Status:: Active
Date Added:: February 28, 2025 at 06:00AM
Listing Office:: High Five Properties : 503-238-8551
Listing Agent:: Lisa Long : 503-317-4399
MLS ID:: 420706361

Heating: BaseboardZoned

This listing courtesy of Lisa Long, High Five Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Creston Elementary School

4701 SE Bush St, Portland, OR, 97206

Grades EE-5

0.32 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

1.52 miles away

Franklin High School

5405 SE Woodward St, Portland, OR, 97206

Grades 9-12

0.37 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.