5816 SE FOSTER RD Portland, OR $ 725,000
5816 SE FOSTER RD
$ 725,000
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5816 SE FOSTER RD

Portland, OR, 97206
$ 725,000
Bedrooms2 Baths2.0 Sq 3,002

Monthly Estimate*

$ 4,342

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Multi-Family Home for sale in Portland, OR

for $725,000 with 2 bedrooms and 2 full baths. This 3,002 square foot home was built in 1904 on a lot size of 0.12.

Great investment opportunity on this fully leased building in a CE zoned area. The second level boasts a spacious apartment perfect for a potential live-work situation. This great location has a lot of redevelopment potential as well given the flexible and high density CE zoning. Potential to build up to 45 feet tall (buyer to do due diligence).

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Multi-Family Active

Price

$ 725,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,828

Style

Lot Size

0.12

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24229941

Features
General
Sewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Flat
Zoning CE
HOA 0
Year Built 1904
Stories 2
Tax Year 2023
Gross Income 48000.0
County Multnomah
Net Operating Income 36000.0
Operating Expense 12000.0
Property Type MultiFamily
Home Owner Assoc 0
Rent Includes None
Status Active
Directions Foster Rd to Property
High School Franklin
City Portland
NumberOfUnitsTotal 2
MLS Area _143
Lot Size Square Feet 5227.0
Terms Cash Contract Conventional LeaseOption OwnerWillCarry Trade
Elementary School Creston
Tax Annual Amount 3828.0
Middle/Junior High School Kellogg
Property Condition Approximately
Days on Market 114
Standard Status Active
Legal Description MYRTLE PK BLOCK 1 W 80' OF LOT PARK
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Exterior
Parking Features OffStreet
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding
Foundation Details Slab
Building Area Total 3002.0
Lot Size Acres 0.12
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 5816
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* Excluded Features
List By
Ianos Realty

Broker

alex@ianosrealty.com

Email

Affordability Calculator

$4,661
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,342
Monthly Property Taxes
$319
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
1949127 Elementary School
3483333 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$725,000 Listed Price

Map


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5816 SE FOSTER RD, Portland, OR, 97206 is a Multi-Family Home for sale at $725,000 with 3,002 sqft and a lot size of 0.12. 5816 SE FOSTER RD has 2 bedrooms, 2.0 baths, and was built in 1904. The property's zip code is 97206 which is in Portland, OR