5105 5109 SE Tibbetts St, Portland, OR 97206
Local realty services provided by:Knipe Realty ERA Powered
5105 5109 SE Tibbetts St,Portland, OR 97206
$780,000
- - Beds
- - Baths
- 3,420 sq. ft.
- Multi-family
- Active
Listed by:michael kafoury
Office:urban nest realty
MLS#:331659176
Source:PORTLAND
Price summary
- Price:$780,000
- Price per sq. ft.:$228.07
About this home
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
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Home facts
- Year built:1956
- Listing ID #:331659176
- Added:142 day(s) ago
- Updated:September 19, 2025 at 11:19 AM
Rooms and interior
- Living area:3,420 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:3,420 sq. ft.
Schools
- High school:Franklin
- Middle school:Kellogg
- Elementary school:Creston
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$780,000
- Price per sq. ft.:$228.07
- Tax amount:$6,700 (2024)
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