Portland OR Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,763
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 24136475
- Subdivision:
- Oak Grove
View additional info
Courtesy: RE/MAX Equity Group
503-653-0607
ADDITIONAL INFORMATION
Opportunity knocks! Two units, both currently rented, with excellent cash flow. The main house in front is 1,188 sq. ft. incl. converted garage, 2 BR/1 bath, currently rented at $1,650/month. The second house in rear has been recently refreshed and is 575 sq. ft., 1 BR/1 bath, currently rented at $1,350/month. Conveniently located between the Oak Grove Blvd. shops & McLoughlin Blvd: walk to Fred Meyer & transit. Commercial zoning (C3) offers even more opportunities! Photos are from when the rear unit was refreshed, prior to the current tenancy of that unit.
Portland Real Estate
The median home value in Portland, OR is $439,800. This is lower than the county median home value of $555,800. The national median home value is $338,100. The average price of homes sold in Portland, OR is $439,800. Approximately 62.54% of Portland homes are owned, compared to 31.23% rented, while 6.23% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon 97267 has a population of 17,382. Portland 97267 is less family-centric than the surrounding county with 31.36% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Portland, Oregon 97267 is $68,344. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Portland 97267 is 42.5 years.
Portland Weather
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 42.5 inches per year, with 2.2 inches of snow per year.