6940 N MICHIGAN AVE Portland, OR97217

$510,000
2 total units
1 total bedrooms
2 total bathrooms
$38,130 annual income
Capitilization Rate: 6.19
1200 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Woodlawn
Middle School: Ockley Green
High School: Jefferson
Zoning: R5
981 days on market

VestorFilter™

Price per unit$255K/unit
Price per ft²$425.00/ft²
Price per acre$4.34M/ac
Price per bedroom$510K/bed
Time on market981 days

Property Description

Choose your own adventure with this wonderful income property! Live in one side or rent them both. Main unit is leased through March but studio is vacant. Both sides have open, modern floorplans. Bike-able Piedmont location super close to MAX station. Solid rental history, great location! Check out the number$ on this place!

{{ compliance-logo }}Listing Provided By John L. Scott/Woodstock

Financial Data

Date Sold2021-09-22
Sold Price$510,000
Original Price$525,000
Current Price$510,000
Property Taxes$4,259

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Home Facts

StatusSold
Year Built1951
Exterior Features
MLS ID21046272

Unit Details

Unit 1
Unit 2