5215 SE Division St Portland, OR 97206
Listing Courtesy of: RMLS / Coldwell Banker Bain / Benjamin Page - Contact:  626-390-1806

  5215 SE Division St Portland, OR 97206

Pending (156 Days)
$799,999

Description

Investor's Dream! Over $110k in improvements!!!!! Ultra low maintenance income property. Charming designer duplex in South Tabor/Richmond neighborhood right on the SE Division bus line, a short walk or drive to everything and everywhere in Portland. Great income or 1031 exchange property with terrific long-time 11+ year tenants in one unit. Very rare large square footage, each unit is on 2 levels and features 3 bedroom + 1 bath configuration with lovely fireplaces, in-unit laundry and easy flowing floorplan with dining area, living room and additional family/bonus room for entertaining. Private outdoor patio spaces are great for relaxation, grilling and planting. Each unit also features an attached single garage plus driveway parking for an additional vehicle. Both units recently went through complete remodel with brand new two toned kitchens, appliances, baths, paint inside and out, shades, front siding, garage doors and openers, hardware and much more. 5215 is vacant and in impeccable condition, available for tours and immediate owner occupancy or new tenants. 5217 is occupied, and tours of the unit will be made available to buyers with written offers. Comes with all appliances, profitable rent roll and everything for you to be a successful landlord or occupying owner. Possible to convert and add another 1 bedroom unit for AirBNB. The block is ripe for big redevelopment in 5-10 years. Walk and Bike scores are both at 92!!!

MLS #:
23502095
Taxes
$7,997(2023)
Type
Multifamily
Year Built
1972
County
Multnomah County
Community
South Tabor

Listed By

Benjamin Page, Coldwell Banker Bain, Contact: 626-390-1806
Source
RMLS
Last checked Apr 29 2024 at 7:31 PM GMT+0000
Bathroom Details
Subdivision
  • South Tabor
Lot Information
  • Trees
  • On Busline
Property Features
  • Foundation: Slab
  • Foundation: Block
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard
Basement Information
  • Daylight
  • Finished
  • Exterior Entry
Exterior Features
  • Brick
  • Wood Composite
  • Plywood
  • Metal Siding
  • Shingle Siding
  • Wood Siding
  • Roof: Tar/Gravel
Utility Information
  • Utilities: Utilities-Internet/Tech: Cable, Utilities-Internet/Tech: Dsl
  • Sewer: Public Sewer
  • Fuel: Electricity
  • Energy: Double Pane Windows, Energy Star Qualified Appliances
School Information
  • Elementary School: Atkinson
  • Middle School: Mt Tabor
  • High School: Franklin
Parking
  • Garage
  • Attached
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than (fill in the site owning Broker company name here) are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/29/24 12:31