5821 SE KNAPP ST,Portland,OR 97206Portland, OR 97206Price: $899,000

  • Price: $899,000
  • Est. Mortgage of $/month
  • 66 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $899,000List Price
  • 2,000Square Feet
Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 4.88 Cap rate and a competitive 13.88 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!

"Based on information submitted to OR_RMLS_API as of November 30, 2023 7:27 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: