$780000
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5 Bed
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3 Bath
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3420 SqFt
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32 DOM
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Built: 1956
- Status: Active
Love this home?
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
Listing Provided Courtesy of Michael Kafoury, Urban Nest Realty
General Information
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554544251
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SingleFamilyResidence
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32 DOM
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5
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5662.8 SqFt
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3
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3420
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1956
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R2.5
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Multnomah
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R142608
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Creston
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Kellogg
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Franklin
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Residential
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SingleFamilyResidence
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CRESTON, BLOCK 1, S 5' OF LOT 7, LOT 8
Listing Provided Courtesy of Michael Kafoury, Urban Nest Realty
PDXA1 Realty Group data last checked: Jul 07, 2025 05:18 | Listing last modified Jun 06, 2025 13:08,
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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
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