4745 N AMHERST ST, Portland, OR 97203

$1,079,000
3,753
SqFt

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List Price
$1,079,000
Days on Market
5
MLS#
450186994
Property Type
Multifamily
Sqft. of Residence
3,753
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.

Additional Information

Tax Amount
$10,666
Year Built
1942
High School
Roosevelt
Elementary School
Astor
Middle School
Astor
Living Area
3,753
Stories
2
Subdivision
PORTSMOUTH/UNIVERSITY PARK
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Wall Unit(s)
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
5
Unit Type One Rent
3600
Unit Type One Sq Ft
1933
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
6
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

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