402 SE 75TH AVE, Portland, OR 97215

$599,900

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List Price
$599,900
Days on Market
1
MLS#
701213077
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Turnkey, Fully Furnished Duplex Investment Opportunity in Portland's Montavilla Neighborhood!Welcome to 402 & 406 SE 75th Ave, a versatile duplex located in the desirable Montavilla neighborhood of Southeast Portland. Offering immediate income potential and exceptional flexibility, the property includes two separate units: one featuring 3 bedrooms and 1.5 bathrooms, and the other offering 2 bedrooms and 1 bathroom.Currently operated as short-term rental accommodations, this property presents an attractive opportunity for investors seeking a furnished, income-producing property. All furniture is included in the sale, allowing the next owner to step into a fully furnished setup from day one.Whether you choose to continue operating furnished rentals, subject to applicable rules and regulations, convert to long-term rentals, or live in one unit while generating income from the other, this property offers multiple possibilities.Located in the heart of the Montavilla neighborhood, enjoy convenient access to local shopping, dining, parks, transportation, and the many amenities of Southeast Portland.A rare opportunity to own a fully furnished duplex with two distinct income-producing units in one of Southeast Portland's most vibrant neighborhoods—bring your investment vision and explore the possibilities! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239915]

Additional Information

Tax Amount
$5,377
Year Built
1894
High School
Leodis McDaniel
Elementary School
Vestal
Middle School
Harrison Park
Acres
0.12
Stories
2
Terms
Cash, Conventional
Cooling Description
Mini Split, Window Unit(s)
Fuel Description
Electricity
Heating Description
Mini Split, Wall Heater
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity, Tank
Exterior Description
Asbestos, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street
Security Or Entry
Security Lights
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
3300
Unit Type One Sq Ft
1154
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Reside Realty Group.

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