OR > Portland > Richmond
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
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Listed by Urban Nest Realty
$780,000
Est. payment /mo
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5 Beds
3 Baths
3,420 SqFt
Open Sun 12PM-2PM

5105 5109 SE TIBBETTS ST Portland, OR 97206

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

OPEN HOUSE

Sun Jun 08, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $228

Subdivision Richmond

MLS Listing ID 554544251

Style Stories1

Bedrooms 5

Full Baths 3

Year Built 1956

Annual Tax Amount $6,700

Tax Year 2024

Lot Size 5,662 Sqft

Property Sub-Type Single Family Residence

Property Description

Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Full Basement, Partially Finished

Interior

Interior Features Laundry

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood Burning

Exterior

Exterior Feature Porch, Yard

Parking Features Carport

Garage Spaces 3.0

View Seasonal

Roof Type Composition

Accessibility NaturalLighting, Parking

Garage Yes

Building

Lot Description Corner Lot, Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Creston

Middle Schools Kellogg

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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