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Listed by KOR Realty • 503-680-4371
$510,000
Est. payment /mo
2,324 SqFt
Price Dropped by $5K
8044 SE MALDEN ST Portland, OR 97206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,324 sqft
Price per Sqft $219
Subdivision Brentwood - Darlington
MLS Listing ID 505205300
HOA Y/N No
Year Built 2019
Annual Tax Amount $5,951
Tax Year 2025
Lot Size 6,534 Sqft
Property Description
Turnkey Portland Multi-Unit — 6.79% Cap Rate, Fully OccupiedRare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.79% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.
Location
State OR
County Multnomah
Community Commons
Area _143
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Ductless, Forced Air, Wall Heater
Cooling Central Air, Heat Pump
Exterior
Community Features Commons
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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