Discover the epitome of urban living in the heart of vibrant northeast Portland with this stunning multi-family 4-plx.

Boasting a total of 6 bedrooms and 4 bathrooms spread across 2978 square feet, this meticulously crafted investment opportunity offers both comfort and convenience. Each unit exudes updated elegance, featuring big layouts, sleek finishes and abundant natural light. Whether you're an investor seeking lucrative rental opportunities or a homeowner looking for a prime property with income potential, this is an exceptiona l opportunity not to be missed.

Enjoy the eclectic charm of Portland's bustling neighborhoods, renowned dining spots and cultural attractions, all steps from these doorsteps. Don't miss your chance to own a piece of Portland's dynamic lifestyle in this remarkable property.

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on 626 628 Ne 75th Ave
in Portland, OR
Presented by Friederike Svensson & Juli Martin at
eXp Realty, Inc. Oregon.


Property MLS #24366890 from RMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 6

+ Bathrooms

Full Bathrooms: 4

+ Heating and Cooling

Heating Features: Baseboard
Heating: Yes
Water Heaters: Electricity

+ Other Rooms

Basement Description: Unfinished

+ Land Info

Lot Description: CornerLot, Level
Lot Size Acres: 0.15
Lot Size Square Feet: 6534

+ Garage and Parking

Garage Spaces: 1
Parking Features: Carport, OnStreet

+ Exterior and Lot Features

Road Surface Type: Paved

+ Home Features

View: City, Seasonal

+ School Information

Elementary School: Vestal
High School: Leodis McDaniel
Middle School: Roseway Heights
+ Display Complete School Details

Vestal Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

Madison High School is a public high school located approximately 1 miles away.
Map directions

Roseway Heights School is a public middle school located approximately 1.1 miles away.
Map directions

Columbia Christian School is a private elementary, middle and high school located approximately 0.7 miles away.
Map directions

+ Rental Info

Gross Income: 69540
Rent Includes: Sewer, TrashCollection, Water

+ Multi-Unit Info

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

+ Other Property Info

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 8079.989999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.31
Directions: Take NE Halsey St, NE 74th Ave, NE 75th Ave
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: Brainard
Parcel Number: R119494
Subdivision: Brainard
Zoning: R5
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-03-17
$850,000
RMLS

+ Commercial Info

Net Operating Income: 45098
Operating Expense: 24442

+ Building and Construction

Year Built: 1960
Building Area Total: 2978
Building Exterior Type: Brick, WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 64
Property Condition: Existing
Roof: Composition

+ Utilities

Sewer: PublicSewer
Water Source: PublicWater