Back on the market at no fault of the Seller. Solid income producing duplex w/2 Bed/1.1 Bath, attached 1 car garage, w/d hookups, newly refinished decks w/fenced yard. Unit 223 updated and new roof 2014. Unit 225 updated: new kitchen cabinets, updated appliances, new carpet & fresh paint throughout, half bath w/new cabinets & granite countertops Nicely located on cul-de-sac. Immediately ready for owner occ w/longterm renter.
Off market
Zestimate®
$488,000
16223 NE Fargo St, Portland, OR 97230
4beds
4baths
1,904sqft
MultiFamily
Built in 1979
-- sqft lot
$488,000 Zestimate®
$256/sqft
$2,240 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,904 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Patio & porch: Deck
- Waterfront features: Creek
Lot
- Features: Gentle Sloping
- Residential vegetation: Wooded
Details
- Zoning: DUPLEX
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 2760
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- WaterfrontFeatures: Creek
- Appliances: Dishwasher, Refrigerator, Disposal, Electric Water Heater, Range
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- CoolingYN: true
- WaterfrontYN: true
- Zoning: DUPLEX
- Roof: Composition
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Attached, Garage
- RentIncludes: Water, Sewer, Trash Collection
- Vegetation: Wooded
- Cooling: Other
- LotFeatures: Gentle Sloping
- GrossIncome: 33420
- ConstructionMaterials: T-111 Siding
- CapRate: 5.88
- OperatingExpense: 10800
- GrossScheduledIncome: 35400
- PropertyCondition: Existing
- TotalActualRent: 2760
- MlsStatus: Pending
- NetOperatingIncome: 22620
- TaxAnnualAmount: 4461.98
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Estimated market value
$488,000