About 5153 Ne Killingsworth St
Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]
Features of 5153 Ne Killingsworth St
| MLS® # | 24037645 |
|---|---|
| Price | $875,000 |
| Units | 4 |
| Square Footage | 3,328 |
| Acres | 0.21 |
| Year Built | 1984 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 5153 Ne Killingsworth St |
|---|---|
| Area | 142 - Portland Northeast |
| Subdivision | CULLY |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97218 |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Crawl Space |
Exterior
| Exterior | Cement Siding |
|---|---|
| Lot Description | Gentle Sloping |
| Roof | Composition, Shingle |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Rigler |
|---|---|
| Middle | Beaumont |
| High | Leodis McDaniel |
Additional Information
| Date Listed | March 15th, 2024 |
|---|---|
| Days on Market | 51 |
| Zoning | RM-1 |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.97 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,495 |
| Features | Dishwasher, Range, Refrigerator, WasherDryerHookup |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,270 |
| Features | Dishwasher, Range, Refrigerator, WasherDryerHookup |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,495 |
| Features | Dishwasher, Range, Refrigerator, WasherDryerHookup |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,495 |
| Features | Dishwasher, Range, Refrigerator, WasherDryerHookup |
Listing Details
| Office | Cascade Hasson Sotheby's International Realty |
|---|