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Kria Lacher

kria.lacher@gmail.com +1(971) 506-4663

Listed by Cascade Hasson Sotheby's International Realty

$620,000

Est. payment - /mo

2,612 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $237

Subdivision Kenton

MLS Listing ID 435528872

Year Built 1926

Annual Tax Amount $5,052

Tax Year 2024

Property Description

Looking for an investment property that starts paying off from day one? Here it is. With two units generating $2,400/month for the upper unit and $1,900/month for the lower unit, this home has a proven track record of solid cash flow. Located just minutes from downtown Kenton, this property checks all the boxes: convenience, functionality, and charm. The lower unit, remodeled in 2019, is a spacious layout of 1,156 sqft that includes a modern kitchen with soft-close cabinets, 1-bedroom + office, high ceilings and updated finishes. The upper unit features a refreshed kitchen, updated bathroom, 2 bedrooms + loft, hardwood floors, and original 1920s built-ins that add unique character.The exterior has been upgraded with new fiber cement siding and fresh paint, so you can skip the costly maintenance and focus on maximizing your returns. The property also includes a spacious backyard and plenty of parking, with both driveway and street options.Whether you choose to live in one unit and rent the other or lease out both, this property offers flexibility and growth potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201582]

Location

State OR

County Multnomah

Community Laundry

Area _141

Zoning CM2

Rooms

Basement Full Basement

Interior

Heating Forced Air

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Peninsula

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

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Kria Lacher

+1(971) 506-4663

Broker | License ID: 200205471

Broker License ID: 200205471

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7516 N BRANDON AVE Portland, OR 97217

Kria Lacher

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Key Details

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Rooms

Interior

Exterior

Building

Schools

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