5105 SE Tibbetts St Portland, OR 97206
Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5, 000 per month and $60, 000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, for Open House information or questions. DND Tenants.
- Property TypeSingle Family Home
- NeighborhoodSouth Tabor
- CountyMultnomah
- Taxes$6,442
- HOA/Condo/Coop Fees$0
- Days on Site32 Days
- MLS StatusActive
- MLS ID Number24370838
- Home Size Source N/A
- Year Built1956
- Lot Size Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Stories1
- Lot Description Corner LotLevel
- Construction Shake Siding
- Sewer Public Sewer
- Water Public
- Parking Spaces 3
- Parking Features DrivewayOff Street
- Attached Garage No
- Garage Spaces 3
Interior Features
- Heating Forced Air
- Cooling Central Air
- Fireplace Wood Burning
- Basement Full BasementPartially Finished
- Foundation Concrete Perimeter
- Interior Features Laundry
- Stories 1
Exterior Features
- Parking DrivewayOff Street
- Exterior PorchYard
- Roof Type Composition