$699,000
Active
17 Days Online
0 Beds0 Baths2,663 SQFT
Active

7454 N Haven Ave Portland, OR 97203

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Investor's Dream in University Park: This duplex offers an exceptional opportunity for savvy investors. With two distinct units - a 2-bedroom, 1-bath and a 3-bedroom, 1-bath - this property maximizes rental potential. In addition, there is 816 sq. ft. of unfinished basement for extra storage plus the R2.5 zoning allows for potential conversion of 520sq.ft garage to an additional unit/ADU. Each unit boasts modern amenities including stainless steel appliances, hardwood floors, and in-unit washer and dryer, ensuring high tenant satisfaction and premium rental rates.Strategic Design: Featuring private entrances and tall ceilings, tenants enjoy a sense of exclusivity and space. The covered porch provides an inviting outdoor area, while the garden and patio offer additional relaxation spots. Investors can leverage the unfinished basement for extra storage or as an added amenity for tenants.Potential for Expansion: The large garage space presents a unique opportunity to convert into a third rental unit, further increasing rental income potential. With the ability to accommodate multiple vehicles or serve as a workshop/storage area, this space offers flexibility for various investment strategies.Prime Location: Situated in University Park, this property is in a highly desirable rental market, attracting tenants seeking proximity to amenities & employment opportunities. Investors can capitalize on the consistent demand for housing in this area, ensuring stable occupancy rates and strong rental yields. Don't miss out on this lucrative investment opportunity! With its strategic design, prime location, and potential for expansion, this duplex offers a pathway to long-term financial growth in the lucrative rental market

  • Property TypeMulti-Family
  • NeighborhoodUniversity Park
  • CountyMultnomah
  • Taxes$6,002
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusActive
  • MLS ID Number24112823
  • Home Size Source N/A
  • Year Built1906
  • Lot Size0.12 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Lot Description Trees
  • Construction Shake SidingWood Siding
  • Sewer Public Sewer
  • Water Public
  • Parking Features On Street
  • Attached Garage No

Interior Features

  • Heating Forced Air
  • Cooling Window Unit
  • Basement Storage SpaceUnfinished
  • Stories 2

Exterior Features

  • Parking On Street
  • Roof Type Composition

Community Features

  • HOA Includes ElectricityGasSewerTrash CollectionWater

Schools

School District
Unknown
Elementary School
Astor
Middle School
Astor
High School
Roosevelt

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Monthly Payment (Est.)

$3,803
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