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5135 NE 42ND AVE, Portland, Oregon

$600,000Active

5135 NE 42ND AVE, Portland, Oregon 97218
Urban Nest Realty - MLS® ID: 18654458

Property Details

5135 NE 42ND AVE, Portland, Oregon 97218 - Great redevelopment site on corner lot. Current zoning of R1 is changing to CM2 in 2018. Excellent investment and cash flow opportunity on close-in NE 42nd. Currently a duplex that lives like a 4-plex with a detached room behind the main building built from two shipping containers. Buy and bank it with positive cash flow(6 cap rate) and develop later. See plans for unit layouts.

Amenities

  • Zip97218
  • Countymultnomah
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeRemark
  • Elementary schoolVernon
  • Junior highVernon
  • High schoolJefferson
  • Year built1929
  • HeatingForced Air
  • CoolingNONE
  • Tax amount$3,730.71
  • Office IDUNRE02
  • Agent IDDBLACHOW
  • Agent nameDaniel Blachowski
  • MLS® ID18654458

Broker: Urban Nest Realty

Listing Courtesy of Urban Nest Realty

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“Sarita is the best Agent I have ever worked with! She took care of everything needed to get my property sold quickly and at a great price. No detail was missed! Top notch!”

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