- ADDRESS:
- 8780 SE FLAVEL ST Portland, OR 97266
- Price:
- $675,000
- Units:
- 3
- Acres:
- 0.13
- Unit 1:
-
2 Bed
2.0 Bath
$1,700/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 2:
-
2 Bed
2.0 Bath
$1,650/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 3:
-
1 Bed
1.0 Bath
$995/mo
Features: Air Conditioning, Refrigerator - MLS#:
- 526313742
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- R2
- Yr Built:
- 2019
- Taxe/yr:
- $2,132.14
- County:
- Multnomah
- Status:
- Active
- Levels:
- 3
- Heat:
- Forced Air, Heat Pump, Mini Split
- Nhood/Bldg:
- EDGE OTOWN VILLAS
- View:
- Park/Greenbelt
- Elem:
- Kelly
- Middle:
- Lane
- High:
- Franklin
- Lot Desc:
- Seasonal, Trees
- Area:
- Portland Southeast
- Courtesy of:
- The Group Real Estate Services
- Remarks:
- Large newer multi-unit property, built in 2019, offers an incredible investment opportunity. Upstairs 2 story 2,000 SF unit, is currently divided by a full partition wall and set up as townhouse style units, each with individual kitchens and separate entrances. These units are ideal for owner occupancy with an in-law / multi generational living space. Plus a downstairs Studio apartment with @ 320 SF that adds extra income (currently rented for $995 per month). Features include 9' ceilings, engineered hardwood floors, slab granite countertops, an abundance of windows with breathtaking views over the Spring Water Trail and Johnson Creek. The property is in excellent condition, boasting bright, inviting comfort and style. Each unit has stainless steel appliances, ample storage, and two private balconies. Each living space is equipped with a heat pump and mini split system, keeping property cool during the summer months. There is plenty of on-street, off-street, and garage parking, including a massive 1,000 sq ft garage and RV parking. The thoughtfully designed and thriving landscaping offers year-round beauty. This building was constructed by the current owner with his attention to detail and superior craftsmanship. It is a one-of-a-kind property and has been a fantastic investment. Upstairs is currently rented to 2 individual tenants, with a 3rd tenant in the downstairs Studio. Don't miss your chance to own this incredible income-generating property.