See all 26 photos
26 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by The Agency Portland
$499,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 396587995
Year Built 1978
Annual Tax Amount $7,047
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy and 82nd. Long term tenants under market value rent, on month-to-month tenancy. Rental comps come in at $1900 per month, per side. Cap rate with market value rents comes in at 6.27%. Tenants pay all utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District—one of Portland's most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves.
Location
State OR
County Multnomah
Community Commons
Area _142
Zoning R2
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Community Features Commons
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Jason Lee
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Read Less Info
Nearby School & Business
Get More Information