OR > Portland > Mill Park
Portland, OR 97216,2448 SE 117TH AVE
Portland, OR 97216,2448 SE 117TH AVE
Portland, OR 97216,2448 SE 117TH AVE
Portland, OR 97216,2448 SE 117TH AVE
Portland, OR 97216,2448 SE 117TH AVE
Portland, OR 97216,2448 SE 117TH AVE
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Matthew Tercek

Matthew Tercek

+1(503) 453-5815
Listed by Living Room Realty
$ 1,475,000
Est. payment | /mo

5,899 SqFt

Save
$ 1,475,000
Est. payment | /mo
Save

5,899 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,899 sqft

Price per Sqft $250

Subdivision Mill Park

MLS Listing ID 535479438

Year Built 2004

Annual Tax Amount $12,750

Tax Year 2024

Lot Size 0.270 Acres

Property Description

Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment. The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention. Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental market.

Location

State OR

County Multnomah

Area _143

Zoning RM2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Cooling None

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Mill Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Cash, Conventional, OwnerWillCarry

Listing Terms Cash, Conventional, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

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2448 SE 117TH AVE

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Matthew Tercek
Matthew Tercek

Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

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