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$510,000
Listing Price1beds
3baths
2,324sqft
6,400sqft lot
8044 Se Malden St, Portland, OR 97206
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
2324
1
3
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6400
Yes
No
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,842
$0
$0
--%
$190,530
2019
$3,842
$0
$0
--%
$151,600
2018
$2,240
$0
$0
--%
$88,420
2017
$2,147
$0
$0
--%
$85,850
2016
$1,965
$0
$0
--%
$83,350
2014
$1,885
$0
$0
--%
$78,580
2013
$1,771
$0
$0
--%
$76,300
2012
$1,572
$0
$0
--%
$74,080
Average Home Price in 97206
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