About 4314 Se 72nd Ave
Great opportunity... SE 72nd Triplex one block North of Holgate Blvd Bus Line. Mutlifamily living or rental property. New roof and many updates over the past 5 years of ownership. Upper unit #1, accessible from porch & back stair case with living, den/office, kitchen, bath & bedroom. Large main unit #2, entrance from porch with living/dining room, den/office, 2 bedrooms, bath, kitchen & laundry. Lower level unit #3, living/dining room, 2 bedrooms, 2 baths, kitchen & laundry. Easy living, enjoy front and side yards. Property is outlined and marked Lot 1 in ariel photo. Lot 2, undeveloped, is sold separately. Drive by & make offer contingent on interior inspection. Viewing only with accepted offer. Do Not Disturb Tenants!!! No sign on property. This rented and updated turnkey Triplex is perfect for investors or partial owner occupied property with a calculated 5%+ Cap Rate.
Features of 4314 Se 72nd Ave
| MLS® # | 24395788 |
|---|---|
| Price | $799,000 |
| Units | 3 |
| Square Footage | 2,700 |
| Acres | 0.10 |
| Year Built | 1913 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 4314 Se 72nd Ave |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | FOSTER - POWELL |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97206 |
Interior
| Heating | Heat Pump, Wall Heater |
|---|---|
| Cooling | Heat Pump |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Finished, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit |
Exterior
| Exterior | T-111 Siding, Wood Siding, Metal Siding |
|---|---|
| Lot Description | Gentle Sloping, Level, Public Road |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Marysville |
|---|---|
| Middle | Kellogg |
| High | Franklin |
Additional Information
| Date Listed | April 27th, 2024 |
|---|---|
| Days on Market | 16 |
| Zoning | R5 |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.30 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,460 |
| Features | Dishwasher, Range, Refrigerator, WindowCoverings |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $1,250 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,499 |
| Features | Dishwasher, Range, Refrigerator, WasherDryerHookup |
Listing Details
| Office | Windermere Realty Group |
|---|