1117 SE 122ND AVE,Portland,OR 97233Portland, OR 97233Price: $499,995

  • Price: $499,995
  • Est. Mortgage of $/month
  • 142 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 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.
  • $499,995List Price
  • 2,932Square Feet
Unique opportunity for a great mixed-use property in the CM1 zone. Main floor and basement combine for a 2,428 square foot updated office. The second floor is a rented 504 sf apartment with its own access stairway. There are three rentable storage structures in the rear of the lot. Perfect for a live-work buyer, an investor looking for an income stream, or redevelopment. The office portion includes a entry lobby, waiting area, three offices, one full bath, a half bath, and a kitchen on the main floor, three offices and storage in the basement; last rented for $1,695 per month. The apartment is completely updated and rented for $1,395. The storage structures rent for $170 per month each. There is great potential increased cashflow as rents are at the low end of the market. Both the office and apartment have been updated in recent years and are turn key.

"Based on information submitted to OR_RMLS_API as of September 21, 2023 10:52 PM EDT . 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."

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