Bought with Urban Pacific Real Estate
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5429 SE RHONE ST Portland, OR 97206
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Key Details
Sold Price $880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $270
Subdivision Foster Powell
MLS Listing ID 23298140
Sold Date 06/18/25
Year Built 1965
Annual Tax Amount $9,473
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
inspection issues that caused the prior transaction to fall apart have been addressed, call for details. Paying renters are in place and units are in good condition!Well maintained 5-plex in Foster Powell! Great rental history and maintenance history. Only a couple blocks from the "carts on Foster" food carts and other coffee shops. Four similar units and one larger two level unit. Property is pretty turnkey, just step right in as the new owner! Photos are of one unit but are representative of all the units, all are in similar condition. Not all commercial lenders are the same, names of lenders are on file of several with unique qualifying criteria.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning RM2
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Ceiling
Exterior
Community Features Laundry
Roof Type Flat
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Creston
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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