5153 NE KILLINGSWORTH ST Active

Portland,OR 97218

$ 875000

- Bed

- Bath

3328 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $262

Subdivision Cully

MLS Listing ID 24037645

Year Built 1984

Annual Tax Amount $9,597

Tax Year 2023

Lot Size 9,147 Sqft

Property Description

Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]

Location

State OR

County Multnomah

Area _142

Zoning RM-1

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Cooling None

Exterior

Roof Type Composition,Shingle

Garage No

Building

Lot Description Gentle Sloping

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Rigler

Middle Schools Beaumont

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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