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$510,000

Listing Price

1beds

3baths

2,324sqft

6,400sqft lot

8044 Se Malden St, Portland, OR 97206

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

219.45

Price / sqft

1938

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

Square Feet
  • 2324

Bedrooms
  • 1

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6400

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • 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

percent-home-icon

Average Home Price in 97206

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
510,000
$
Down payment
102,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,060
$
HOA (Monthly)
0
$
PMI
0
$
$3,301
Your Payment
Total Monthly Payment:$3,301
Percent of Income:57%
Affordable:No

Details for 8044 SE MALDEN ST

Property Debt

Foreclosure Contact Details