5605 SE BOISE ST Portland, OR97206

$845,000
5 total units
8 total bedrooms
5 total bathrooms
$70,920 annual income
Capitilization Rate: 5.46
4478 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Creston
Middle School: Creston
High School: Franklin
Zoning: MULT
1148 days on market

VestorFilter™

Price per unit$169K/unit
Price per ft²$188.70/ft²
Recent price drop$90,000
Price per acre$3.6M/ac
Price per bedroom$105.6K/bed
Time on market1148 days

Property Description

Incredible opportunity for a single level brick in Foster Powell. Large units with under market rents. Make offers subject to interior inspection of occupied units. Cosmetic value-add will bring increased cashflows. Room to grow! Actual rents are effective 9/1.

{{ compliance-logo }}Listing Provided By Equity Pacific Real Estate LLC

Financial Data

Date Sold2021-10-22
Sold Price$845,000
Price ChangeDropped $90,000 on 10/22/2021
Total $130,000 drop
Original Price$975,000
Current Price$845,000
Property Taxes$10,205

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Home Facts

StatusSold
Year Built1963
Stories1
Exterior Features
MLS ID21438018

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4