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Listed by Urban Nest Realty
$525,000
Est. payment /mo
1,642 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,642 sqft
Price per Sqft $319
MLS Listing ID 178199028
Year Built 1953
Annual Tax Amount $4,765
Property Description
Two detached residences on one lot paired with a 3% assumable FHA loan, creating an appealing opportunity for those seeking rental income, shared living flexibility, or long-term investment potential.The main home at 8625 SE Knapp St includes 2 bedrooms, 1 bathroom, and 1,042 sq ft of thoughtfully updated space. Features include quartz countertops, stainless steel appliances, an updated bathroom with walk-in shower, and an open-concept layout. Additional improvements such as LVP flooring, tankless water heater, Nest-controlled gas furnace, and plumbing updates support everyday efficiency.The second residence at 7227 SE 87th Ave offers 2 bedrooms and 1 bathroom across 600 sq ft, with quartz countertops, stainless appliances, stackable laundry, and a practical layout. A 20' x 12' covered parking patio adds usable outdoor functionality. A compelling setup for those exploring multi-unit living or income-producing property options.
Location
State OR
County Multnomah
Area _143
Zoning R5
Interior
Heating Baseboard, Forced Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Kelly
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Assumable, Cash, Conventional, FHA
Listing Terms Assumable, Cash, Conventional, FHA
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Nearby School & Business
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