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5108 NE GLISAN ST Portland, OR $ 639,000
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$ 639,000 Get more info
5108 NE GLISAN ST
$ 639,000
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Share Save

5108 NE GLISAN ST

Portland, OR, 97213
$ 639,000
Bedrooms2 Baths3.0

Monthly Estimate*

$ 4,247

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Multi-Family Home for sale in Portland, OR

for $639,000 with 2 bedrooms and 3 full baths. This home was built in 1884.

Embrace History: Historic Duplex with Expansion Potential. Transport yourself to Portland's past with this impeccably preserved 1884 duplex a unique investment opportunity blending vintage charm with modern potential. Professionally managed for a hassle-free experience, the property boasts full occupancy, strategically situated across from Providence Hospital, Oregon's largest employer. Nestled in a vibrant locale with renowned restaurants, coffee shops, and the promise of steady income, this duplex stands out. Additional perks include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion AND offering a remarkable Capitalization Rate exceeding 5%. Don't miss the chance to own a piece of Portland's history with this lucrative investment. Contact us today to explore the endless possibilities of this timeless property!

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Multi-Family Active

Price

$ 639,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,880

Style

Year Built

1884

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23300112
Features
General
Sewer PublicSewer
Heating ForcedAir
Zoning RM2
Security Features None
Year Built 1884
Tax Year 2022
Gross Income 45600.0
Community Features Laundry
County Multnomah
Net Operating Income 36000.0
Operating Expense 9600.0
Property Type MultiFamily
Rent Includes Gas Sewer TrashCollection Water
Status Active
Directions NE Glisan between 52nd and 49th
High School Grant
City Portland
NumberOfUnitsTotal 2
MLS Area _142
Street Name GLISAN
Listing Terms Cash Conventional
Elementary School Laurelhurst
Tax Annual Amount 4880.65
Middle/Junior High School Laurelhurst
Property Condition Restored
Virtual Tour https://listing.unbranded.virtuance.com/listing/5108-ne-glisan-st-portland-oregon
Days on Market 179
Standard Status Active
Legal Description CENTER ADD BLOCK 4 LOT 3 EXC PT IN ST
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Interior
Basement FullBasement
Storage Attached
Hot Water Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned
Lot Features GentleSloping
Water Source PublicWater
Total Parking 1.0
Exterior Description ShingleSiding
Foundation Details Block ConcretePerimeter
Road Surface Type Concrete
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Internal Only
Street Number 1 5108
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* Excluded Features
List By
Windermere Realty Trust

Broker

joespanish@joespanish.com

Email

Affordability Calculator

$4,654
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,247
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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THE TIME TO SELL IS NOW!
Nearby
1949207 Elementary School
1949144 Middle School
Grant High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2023$639,000 Listed Price

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5108 NE GLISAN ST, Portland, OR, 97213 is a Multi-Family Home for sale at $639,000. 5108 NE GLISAN ST has 2 bedrooms, 3.0 baths, and was built in 1884. The property's zip code is 97213 which is in Portland, OR

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