8044 SE MALDEN ST, Portland, OR 97206
- $510,000
- 2,324
- SqFt
- List Price
- $510,000
- Price Change
- ▼ $5,000 1787805957
- Days on Market
- 83
- MLS#
- 505205300
- Property Type
- Multifamily
- Sqft. of Residence
- 2,324
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Turnkey Portland Multi-Unit — 6.79% Cap Rate, Fully OccupiedRare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.79% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.
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Additional Information
- Tax Amount
- $5,951
- Year Built
- 2019
- High School
- Cleveland
- Elementary School
- Whitman
- Middle School
- Lane
- Acres
- 0.15
- Living Area
- 2,324
- Stories
- 1
- Subdivision
- BRENTWOOD - DARLINGTON
- Terms
- Cash, Conventional
- Cooling Description
- Central Air, Heat Pump
- Fuel Description
- Electricity, Gas
- Heating Description
- Ductless, Forced Air, Wall Heater
- Hoa Rent Includes
- None
- Hot Water Description
- Gas
- Exterior Description
- Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Gravel, Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1875
- Unit Type One Sq Ft
- 1268
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Rent
- 765
- Unit Type Three Sq Ft
- 320
- Unit Type Three Units Total
- 1
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Listing courtesy of KOR Realty.
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