About 9630 Se Foster Rd
This property is a fantastic opportunity for investors looking for a cash flowing investment property. With two triplexes, there are a total of six units that can generate rental income. The properties have recently undergone exterior updates, including new siding, paint, and roofs. Multiple units have also received recent interior updates. These updates include new flooring, fresh paint, updated fixtures and other improvements that enhance the overall appeal and functionality of the units. Located in the Lents neighborhood of SE Portland offering convenient access to I-205, MAX, bus lines, shopping, restaurants, and recreational trails. Don't miss out on this opportunity to add a profitable property to your portfolio.
Features of 9630 Se Foster Rd
| MLS® # | 23025511 |
|---|---|
| Price | $1,225,000 |
| Units | 6 |
| Square Footage | 4,840 |
| Year Built | 1979 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 9630 Se Foster Rd |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | LENTS |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97266 |
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Basement | Crawl Space |
Exterior
| Exterior | Cement Siding |
|---|---|
| Lot Description | Level |
| Roof | Composition |
School Information
| Elementary | Kelly |
|---|---|
| Middle | Lane |
| High | Franklin |
Additional Information
| Date Listed | December 14th, 2023 |
|---|---|
| Days on Market | 140 |
| Zoning | CM3 |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 1.27 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,275 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,150 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,150 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,000 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 5 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $955 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 6 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,295 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Listing Details
| Office | eXp Realty, LLC |
|---|---|
| Contact Info | 503-806-7502 |