5215 SE DIVISION ST Portland, OR $ 799,999
5215 SE DIVISION ST
$ 799,999
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5215 SE DIVISION ST

Portland, OR, 97206
$ 799,999
Bedrooms6 Baths2.0 Sq 3,200

Monthly Estimate*

$ 5,588

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Multi-Family Home for sale in Portland, OR

for $799,999 with 6 bedrooms and 2 full baths. This 3,200 square foot home was built in 1972.

Investor's Dream! Over $110k in improvements!!!!! Ultra low maintenance income property. Charming designer duplex in South Tabor/Richmond neighborhood right on the SE Division bus line, a short walk or drive to everything and everywhere in Portland. Great income or 1031 exchange property with terrific long-time 11+ year tenants in one unit. Very rare large square footage, each unit is on 2 levels and features 3 bedroom + 1 bath configuration with lovely fireplaces, in-unit laundry and easy flowing floorplan with dining area, living room and additional family/bonus room for entertaining. Private outdoor patio spaces are great for relaxation, grilling and planting. Each unit also features an attached single garage plus driveway parking for an additional vehicle. Both units recently went through complete remodel with brand new two toned kitchens, appliances, baths, paint inside and out, shades, front siding, garage doors and openers, hardware and much more. 5215 is vacant and in impeccable condition, available for tours and immediate owner occupancy or new tenants. 5217 is occupied, and tours of the unit will be made available to buyers with written offers. Comes with all appliances, profitable rent roll and everything for you to be a successful landlord or occupying owner. Possible to convert and add another 1 bedroom unit for AirBNB. The block is ripe for big redevelopment in 5-10 years. Walk and Bike scores are both at 92!!!

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Multi-Family Pending

Price

$ 799,999

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,997

Style

Year Built

1972

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23502095

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof TarGravel
Zoning RM1
Year Built 1972
Stories 2
Tax Year 2023
Gross Income 55560.0
County Multnomah
Net Operating Income 43560.0
Operating Expense 12000.0
Property Type MultiFamily
Subdivision Name SOUTH TABOR
Rent Includes None
Status Pending
Directions second building on the corner of SE Division and 52nd
High School Franklin
City Portland
Total Units 2
MLS Area _143
Street Name DIVISION
Listing Terms CallListingAgent Cash Contract Conventional FHA LeaseOption
Elementary School Atkinson
Tax Annual Amount 7997.48
Middle/Junior High School Mt Tabor
Property Condition UpdatedRemodeled
Virtual Tour https://360pdx-llc.aryeo.com/sites/dbbwpzq/unbranded
Days on Market 156
Standard Status Pending
TaxOtherAnnualAssessmentAmount 0
Legal Description GROVELAND PK BLOCK 6 LOT 10
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Interior
Basement Daylight ExteriorEntry Finished
Storage Garage
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Attached Garage
Lot Features OnBusline Trees
Water Source PublicWater
Total Parking 5.0
Exterior Description Brick MetalSiding Plywood ShingleSiding WoodComposite WoodSiding
Foundation Details Block ConcretePerimeter Slab
Building Area Total 3200.0
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 5215
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* Excluded Features
List By
Coldwell Banker Bain

Broker

benjaminpage@cbrealty.com

Email

Affordability Calculator

$6,255
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$666
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1949194 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2023$799,999 Listed Price

Map


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5215 SE DIVISION ST, Portland, OR, 97206 is a Multi-Family Home for sale at $799,999 with 3,200 sqft. 5215 SE DIVISION ST has 6 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 97206 which is in Portland, OR