2 blocks to beautiful Clinton Park. Tennis anyone? Vaulted ceilings, laminate wood floors on a dead end street. Laundry room with individual storage units for each unit. The end unit is a 2 bedroom and has a stackable washer & dryer in the unit and raised beds for gardening. Very easily rented and always full. Newer cadet heaters in every unit. Owner is a licensed realtor in the state of Oregon. Please do not disturb tenants
Off market
$693,000
5442 SE Franklin St, Portland, OR 97206
3beds
2baths
2,652sqft
MultiFamily
Built in 1956
-- sqft lot
$693,000 Zestimate®
$261/sqft
$2,266 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Common Area
Features
- Individual Storage Units
- Windows: Window Coverings
Interior area
- Total interior livable area: 2,652 sqft
Property
Features
- Exterior features: Wood
Lot
- Features: Level, Corner Lot
Details
- Zoning: resid
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1956
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: 2395
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Gravel
- Appliances: Refrigerator, Washer/Dryer, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected
- FoundationDetails: Slab
- Heating: Zoned
- NumberOfUnitsTotal: 4
- Zoning: resid
- ConstructionMaterials: Wood Siding
- Roof: Composition
- LotFeatures: Level, Corner Lot
- LeaseTerm: Month To Month
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- WindowFeatures: Window Coverings
- LaundryFeatures: Common Area
- TotalActualRent: 2395
- GrossIncome: 52800
- CapRate: 6.72
- GrossScheduledIncome: 57600
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- PropertyCondition: Approximately
- NetOperatingIncome: 40304
- OperatingExpense: 12496
- TaxAnnualAmount: 6806.62
- Road surface type: Gravel
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Estimated market value
$693,000