5136 Se 17th Ave, Portland, OR

$2,300,000

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0.23

Acres

About 5136 Se 17th Ave

Amazing location for this 10 unit investment property! 6 2 bedroom and 4 1 bedroom units which have been remodeled to include newer cabinets, granite countertops, tile flooring along with laminate flooring, and fresh coat of paint in each unit as well as the exterior of the building. Steady income producing property with room to raise rents. Potential development opportunity of up to 60 units. Buyer to do their due diligence. Seller to do 1031 exchange at no cost to the buyer.

Features of 5136 Se 17th Ave

MLS® # 24387000
Price $2,300,000
Units 10
Acres 0.23
Year Built 1975
Type Multi Family
Status Active

Community Information

Address 5136 Se 17th Ave
Area 143 - Portland Southeast
City Portland
County Multnomah
State OR
Zip Code 97202

Interior

Heating Baseboard, Wall Heater
Cooling None
Fireplace No
# of Stories 2
Basement Crawl Space

Exterior

Exterior Cement Siding
Lot Description Level
Roof Composition
Foundation Concrete Perimeter

School Information

Middle Sellwood

Additional Information

Date Listed February 9th, 2024
Days on Market 79
Zoning CE
Short Sale No
RE / Bank Owned No
Cap Rate 4.58

Unit 1 Details

Beds 1
Baths 1
Rent $1,475
Features Dishwasher, Range, Refrigerator

Unit 2 Details

Beds 1
Baths 1
Rent $1,325
Features Dishwasher, Range, Refrigerator

Unit 3 Details

Beds 1
Baths 1
Rent $1,325
Features Dishwasher, Range, Refrigerator

Unit 4 Details

Beds 1
Baths 1
Rent $1,400
Features Dishwasher, Range, Refrigerator

Unit 5 Details

Beds 2
Baths 1
Rent $1,450
Features Dishwasher, Range, Refrigerator

Unit 6 Details

Beds 2
Baths 1
Rent $1,800
Features Dishwasher, Range, Refrigerator

Unit 7 Details

Beds 2
Baths 1
Rent $1,600
Features Dishwasher, Range, Refrigerator

Unit 8 Details

Beds 2
Baths 1
Rent $1,800
Features Dishwasher, Range, Refrigerator

Unit 9 Details

Beds 2
Baths 1
Rent $1,535
Features Dishwasher, Range, Refrigerator

Unit 10 Details

Beds 2
Baths 1
Rent $1,475
Features Dishwasher, Range, Refrigerator

Listing Details

Office24/7 Properties
Contact InfoStacey@247prop.com

Listing Map

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