REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jun

Fri

Jun

Sat

Jun

Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

Listed by Urban Nest Realty

$ 780,000

Est. payment -/mo

Save

Active

5105 5109 SE TIBBETTS ST Portland, OR 97206

5 Beds

3 Baths

3,420 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $228

Subdivision Richmond

MLS Listing ID 554544251

Style Stories1

Bedrooms 5

Full Baths 3

Year Built 1956

Annual Tax Amount $6,700

Tax Year 2024

Lot Size 5,662 Sqft

Property Sub-Type Single Family Residence

Property Description

Assumable FHA loan at 3.25% interest, buyer must apply to qualify. 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 5.6% 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. DND Tenants.

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Full Basement, Partially Finished

Interior

Interior Features Laundry

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood Burning

Exterior

Exterior Feature Porch, Yard

Parking Features Carport

Garage Spaces 3.0

View Seasonal

Roof Type Composition

Accessibility NaturalLighting, Parking

Garage Yes

Building

Lot Description Corner Lot, Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Creston

Middle Schools Kellogg

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

5105 5109 SE TIBBETTS ST Portland, OR 97206

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

5105 5109 SE TIBBETTS ST