OR > Portland > University Park
Portland, OR 97203,7454 N HAVEN AVE
Portland, OR 97203,7454 N HAVEN AVE,Video Tour
Portland, OR 97203,7454 N HAVEN AVE
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Listed by Redfin
$673,000
Est. payment /mo
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2,663 SqFt
Price Dropped by $7K

7454 N HAVEN AVE Portland, OR 97203

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

11/18/2024 10:58 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,663 sqft

Price per Sqft $252

Subdivision University Park

MLS Listing ID 24112823

Year Built 1906

Annual Tax Amount $6,242

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Investor's Dream in University Park: This duplex offers an exceptional opportunity for savvy investors. With two distinct units - a 2-bedroom, 1-bath and a 3-bedroom, 1-bath - this property maximizes rental potential. In addition, there is 816 sq. ft. of unfinished basement for extra storage plus the R2.5 zoning allows for potential conversion of 520sq.ft garage to an additional unit/ADU. Each unit boasts modern amenities including stainless steel appliances, hardwood floors, and in-unit washer and dryer, ensuring high tenant satisfaction and premium rental rates.Strategic Design: Featuring private entrances and tall ceilings, tenants enjoy a sense of exclusivity and space. The covered porch provides an inviting outdoor area, while the garden and patio offer additional relaxation spots. Investors can leverage the unfinished basement for extra storage or as an added amenity for tenants.Potential for Expansion: The large garage space presents a unique opportunity to convert into a third rental unit, further increasing rental income potential. With the ability to accommodate multiple vehicles or serve as a workshop/storage area, this space offers flexibility for various investment strategies.Prime Location: Situated in University Park, this property is in a highly desirable rental market, attracting tenants seeking proximity to amenities & employment opportunities. Investors can capitalize on the consistent demand for housing in this area, ensuring stable occupancy rates and strong rental yields. Don't miss out on this lucrative investment opportunity! With its strategic design, prime location, and potential for expansion, this duplex offers a pathway to long-term financial growth in the lucrative rental market

Location

State OR

County Multnomah

Area _141

Zoning R2.5

Rooms

Basement Storage Space, Unfinished

Interior

Heating Forced Air

Cooling Window Unit

Exterior

Roof Type Composition

Garage No

Building

Lot Description Trees

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Astor

Middle Schools Astor

High Schools Roosevelt

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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