Property Photo: 8128 NE Beech St OR 97213

Listing Courtesy of:

RMLS / More Realty - Contact: 971-645-6977

8128 NE Beech St Portland, OR 97213

Active (2 Days)

$849,900

3,984

SQFT

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Description

This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland’s thriving rental market!

MLS #:
24345569

Taxes
$11,580(2024)

Lot Size
5,227 SQFT

Type
Multifamily

Year Built
1954

Views
Territorial

County
Multnomah County

Community
Madison South

Listed By

Marshall Rosario, More Realty, Contact: 971-645-6977

Source
RMLS
Last checked Dec 22 2024 at 2:47 AM PST

Bathroom Details

Subdivision

Madison South

Lot Information

Level
Corner Lot

Heating and Cooling

Zoned

Basement Information

Unfinished

Exterior Features

Lap Siding
Brick
Roof: Shingle

Utility Information

Sewer: Public Sewer
Fuel: Electricity

School Information

Elementary School: Jason Lee
Middle School: Roseway Heights
High School: Leodis McDaniel

Parking

Garage
Driveway

Stories

Additional Information: More Realty | 971-645-6977

Location

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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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 18:47). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.