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Sold
  • $660,000

    5405 SE 120th Ave, Portland, OR 97266

    4beds
    1,510sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $642,200 Zestimate®
    $437/sqft
    $1,984 Estimated rent

    Home value

    $642,200

    $591,000 - $694,000

    $1,984/mo

    Zestimate® history
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    $1,984/mo

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    $4,088/mo

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    $4,088/mo

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    What's special

    Seize this exceptional investment opportunity quickly! Presenting a one-level duplex designed to provide the privacy and ambiance of two distinct homes. Each unit is meticulously maintained, featuring its own garage and secluded yard. Relish the expansive, fully-fenced front and back yards, perfect for relaxation and play. Conveniently located within walking distance to a park. Both units are on a month-to-month lease, collectively generating $4,200 in monthly rental income. This is a well-established rental property in superb condition, ideal for those seeking a rewarding investment. Notably, one unit boasts a large front pool, adding a unique appeal. Additionally, there's ample space for parking boats or RVs. A must-see for any discerning investor! Cap rate is 6!! Address is 5405-5407 SE 120th Ave [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200947]

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorna Murray 503-680-1221,

    RE/MAX Equity Group

    Bought with:

    Joel Camara, 201233162

    Opt

    Source: RMLS (OR),MLS#: 23154699MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ceiling
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Interior area
    • Total structure area: 1,510
    • Total interior livable area: 1,510 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, RV Access/Parking
    • Has garage: Yes
    Lot
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: R335664
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 4200

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/4/2024Sold$660,000-2.2%$437/sqft
    Source: RMLS (OR) #23154699 Report a problem
    3/22/2024Pending sale$675,000$447/sqft
    Source: RMLS (OR) #23154699 Report a problem
    3/3/2024Price change$675,000-3.5%$447/sqft
    Source: RMLS (OR) #23154699 Report a problem
    11/16/2023Listed for sale$699,500+81.6%$463/sqft
    Source: RMLS (OR) #23154699 Report a problem
    7/27/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/26/2022Listed for rent$3,000$2/sqft
    Source: Zillow Rental Manager Report a problem
    5/24/2019Sold$385,100$255/sqft
    Source: RMLS (OR) #19593135 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Powellhurst Gilbert

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gilbert Park
    • High: David Douglas

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $642,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $642,200