NEW! Buy and sell safely with virtual options - Learn More
About the Listing PWRK01 - MHEINER
Investor-focused Tigard duplex listed at $735,000 with both units leased at $2,300/month. Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $5,165, producing an estimated NOI of $50,035 and an estimated 6.81% cap rate at list price. GRM is approximately 13.32. Each unit offers approximately 1,132 square feet with 3 bedrooms, 1.5 bathrooms, air conditioning, deck, dishwasher, washer/dryer, and functional two-level layouts. Both units have been updated in recent years with new carpet downstairs and vinyl flooring on the main level. Bedrooms and full bathrooms are located on the lower level, while each unit features a private back deck overlooking Fanno Creek, mature trees, and natural surroundings.Tenants are responsible for utilities, supporting cleaner expense management for the owner. A strong long-term hold opportunity with immediate income, tenant occupancy in place, updated interiors, and a desirable Tigard location.
Listing Highlights
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
270374659
Year Built
1989
Total Square Footage
2,264
Lot/Acreage
0.18
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Heat Pump,MiniSplit
- Heating: Heat Pump,Mini Split
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gentle Sloping,Public Road,Stream,Trees,Creek
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 115 x 70
- Zoning: RES-D
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $5,165
- Taxes w/Assessments: N/A
- Tax/Property ID: R468121
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
9295 SW Hill St Portland, OR 97223
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
