5108 NE Glisan St Portland, OR 97213
Listing Courtesy of: RMLS / Windermere Realty Trust / Joe Spanish - Contact:  503-860-2805

  5108 NE Glisan St Portland, OR 97213

Active (38 Days)

Description

Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.

MLS #:
24178076
Taxes
$5,188
Type
Multifamily
Year Built
1884
County
Multnomah County

Listed By

Joe Spanish, Windermere Realty Trust, Contact: 503-860-2805
Source
RMLS
Last checked Dec 22 2024 at 7:45 AM PST
Bathroom Details
Property Features
  • Foundation: Block
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
Basement Information
  • Full Basement
Exterior Features
  • Shingle Siding
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Laurelhurst
  • Middle School: Laurelhurst
  • High School: Grant
Parking
  • Assigned
Stories
  • 2
Additional Information: Portland Mlk | 503-860-2805
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (12/21/24 23:45). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.