$995000
Price cut: $79K (06-05-2025)
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6 Bed
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5 Bath
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3238 SqFt
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119 DOM
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Built: 2020
- Status: Active
Love this home?
Duplex and house. Assumable 3.1% loan. CAP rate of 5.80. City of Portland approved building plans for a total of 7 units, currently there are 3 units. See attached plans. incredible growth potential for investors. One duplex plus one house on same tax lot. Buyer to conduct their own due diligence. Discover this beautifully maintained investment property featuring a modern 2020 duplex (1128 & 1210 sq ft) and a 1912 home in excellent condition (900 sq ft). The duplex is a quality build by contractor-owner, is set back off the street, offering open and airy living spaces. Each unit features a bright modern kitchen with stainless appliances, LVP flooring, a stylish half bath and extra storage under the stairs. A dining room with a slider opens to a private, enclosed patio. The upper level has two bedrooms, full bath with shower and washer and dryer. The charming 1912 home has been well maintained, two bedrooms, one bath and a spacious living room with hardwood floors. Dining room, galley kitchen with a new sink and countertops & newer appliances. A spacious laundry room with w/d hookup, laundry sink and second entry. Recent updates include a new furnace in 2015 and new roof in 2019. The fenced yard is maintained by the tenant. Off-street, assigned parking for each unit Tenants pay all utilities except garbage. All three units are occupied and professionally managed. Prime location with easy access to I-205, public transportation, shopping, schools and parks. Don’t miss this rare opportunity to own a high-quality investment property with built-in potential for future development.No sign on property, please do not disturb tenants or enter property without agent. Motivated seller.
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
General Information
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742021713
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119 DOM
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6
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8276.4 SqFt
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5
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3238
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2020
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R2.5
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Multnomah
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R125343
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Lent
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Kellogg
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Franklin
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MultiFamily
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CADWELLS ADD, BLOCK 1, LOT 1&2 TL 600
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
PDXA1 Realty Group data last checked: Jul 05, 2025 15:18 | Listing last modified Jul 02, 2025 21:12,
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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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