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  • Price cut: $30.1K (5/27)
    $1,068,900

    2309 SE 90th Ave, Portland, OR 97216

    11beds
    5,302sqft
    : 
    Multi Family
    Built in 1996
    -- sqft lot
    $-- Zestimate®
    $202/sqft
    $-- HOA

    What's special

    CASH FLOWING INVESTMENT. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One!Calling all investors! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838 (based on 20% down, 7% interest, 30-year fixed).That’s positive cash flow from day one, with room for increased returns over time!Whether you're looking to expand your portfolio or house-hack by living in one and renting the others, this property checks all the boxes.Prime location with strong rental demand.4 total units: 3 in the triplex + 1 detached home.Consistent rental history with upside potential.Minimal immediate maintenance needed — turnkey ready.Don't miss out on this high-yield investment — opportunities like this are rare! Listing agent is an Oregon Licensed realtor and the Trustee to the property.
    260 days
    on Zillow
    |
    179
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: 20 hours ago

    Listed by:

    Risa Davis 503-358-4311,

    eXp Realty, LLC,

    Lillie Barr 503-313-8806,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 24376013MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2309 SE 90th Ave.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 10
    • Full bathrooms: 7
    • Partial bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total structure area: 5,302
    • Total interior livable area: 5,302 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Paved
    • Garage spaces: 4
    Features
    • Stories: 2
    Lot
    • Size: 0.34 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Parcel number: R106037
    • Zoning: R-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Montavilla
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $202/sqft
    • Tax assessed value: $1,218,590
    • Annual tax amount: $15,629
    • Date on market: 11/17/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 8080
    • Road surface type: Paved
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