*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236965]
Active
$675,000
4915 SE 111th Ave, Portland, OR 97266
8beds
3,095sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
Recent interior updates
- 126 days
- on Zillow |
- 323 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 01:29am
Listed by:
Jason Kennedy 503-679-0554,
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 321081121
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
Interior area
- Total structure area: 3,095
- Total interior livable area: 3,095 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved
Features
- Stories: 1
Lot
- Size: 0.34 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R218313
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $502,840
- Annual tax amount: $6,031
- Date on market: 4/16/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 5380
- Road surface type: Paved
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