$650000
-
7 Bed
-
2 Bath
-
3242 SqFt
-
34 DOM
-
Built: 1976
-
Status: Active
Love this home?
Investor special! Are you ready for an incoming producing, high cap rate, low maintenance investment? Look no further. This specially modified, commercially zoned property is the perfect place for any investor who is looking to expand their portfolio. This property is currently tenant occupied as a group home. Utilizing a property tax exemption and tenant-paid utilities, the financials are impeccable, offering over a 6% cap rate and a cash flowing investment. With modifications specified for group home living including an office, seven bedrooms, two full bathrooms, two living rooms, and a formal dining space, this investment property is plug and play. The exterior features six parking spaces and a large backyard, complete with a Trex deck and playing areas for children. Complete with solar panels for reduced tenant utilities, and a convenient Commercial St location, this is the whole package. Contact your local real estate agent for property financial details. Do not disturb tenants!!!
Listing Provided Courtesy of Tim Kaelin, Coldwell Banker Professional
General Information
-
734018806
-
SingleFamilyResidence
-
34 DOM
-
7
-
0.31 acres
-
2
-
3242
-
1976
-
-
Marion
-
582673
-
McKinley
-
Leslie
-
South Salem
-
Residential
-
SingleFamilyResidence
-
MOORES ADDITION, BLOCK 1, LOT 5 & FR 4, ACRES 0.31
Listing Provided Courtesy of Tim Kaelin, Coldwell Banker Professional
PDXA1 Realty Group data last checked: Jul 27, 2025 19:01 | Listing last modified May 28, 2025 12:19,
Source:
Residence Information
-
0
-
3242
-
0
-
3242
-
Tax
-
3242
-
-
7
-
2
-
0
-
2
-
Composition
-
-
Stories1,CustomStyle
-
Driveway,ParkingPad
-
1
-
1976
-
No
-
-
T111Siding
-
CrawlSpace
-
-
-
CrawlSpace
-
ConcretePerimeter
-
-
Features and Utilities
-
-
BuiltinOven, Cooktop, Dishwasher, FreeStandingRefrigerator, Pantry, RangeHood
-
CeilingFan, HighCeilings, LaminateFlooring, Laundry, WalltoWallCarpet
-
Deck
-
-
HeatPump
-
-
ForcedAir
-
PublicSewer
-
-
Electricity, Gas
Financial
-
0
-
0
-
-
-
-
Cash,Conventional
-
04-24-2025
-
3800
-
No
-
No
Comparable Information
-
-
34
-
94
-
-
Cash,Conventional
-
$650,000
-
$650,000
-
-
May 28, 2025 12:19
Schools
Map
Listing courtesy of Coldwell Banker Professional.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 27, 2025 19:01 | Listing last modified May 28, 2025 12:19.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Similar Properties
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
© PDXA1 Realty Group | Powered by Taigha