2665 Northwest Raleigh Street

Sold 10/21/20
Sold 10/21/20
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Sold
Last Sold Price
$750,000
2665 NW Raleigh St, Portland, OR 97210
Multi FamilyProperty Type
1928Year Built

Description

Strong investment Duplex in thriving NW neighborhood. A walkers paradise! Two 3 bedroom 1 bath units. Owner has done significant improvements, including removal of oil tank, new sewer line, new furnaces and ducting and concrete driveway. With additional space for a Potential ADU unit, this is fantastic investment opportunity. Tour available upon accepted offer. Do not disturb current tenants.Strong investment Duplex in thriving NW neighborhood. A walkers paradise! Two 3 bedroom 1 bath units. Owner has done significant improvements, including removal of oil tank, new sewer line, new furnaces and ducting and concrete driveway. With additional space for a Potential ADU unit, this is fantastic investment opportunity. Tour available upon accepted offer. Do not disturb current tenants.
  • Listed by: Deborah Thomas • Debbie Thomas Real Estate, Inc
Listing closed: 10/21/2020 12:00 AM • Source: RMLS, MLS#: 20666261

Amenities

  • Driveway
  • Parking Included
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Location

Listing Courtesy of Debbie Thomas Real Estate, Inc

Sold By Living Room Realty

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$4,671 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,812

Property Taxes

$858

HOA Dues

$0

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Property Information for 2665 Northwest Raleigh Street

Property Details
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1928
Summary
Location and General Information
  • Area: Portland NW/ SW/ S, Raleigh Hills
  • Country: US
  • Directions: In between NW 26th and 27th on NW Raleigh
  • Road Surface: Concrete, Paved
Parking
  • Parking Features: Paved
Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Year: 2019
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Zoning: RM1
Property and Assessments
  • Water Description: Public
  • Property Condition: Existing
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Partially Finished
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $47,640
  • Gross Income Projected: $57,600
  • Gross Rent Multiplier: 16
  • Investor Information: According To Owner
  • Net Income Actual: $31,528
  • Net Income Projected: $38,600
  • Operating Expenses Actual: $18,112
  • Operating Expenses Projected: $19,000
  • SqFt Approximate Building Total: 2210
  • Storage: Basement
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $1,895
  • Unit Type 1 SqFt: 1100.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 2 Rent: $2,075
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 1

Schools near 2665 Northwest Raleigh Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Chapman Elementary School
Public - K to 5
West Sylvan Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Metropolitan Learning Center
Public - K to 12
Rating
School
Distance
Chapman Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Metropolitan Learning Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Debbie Thomas Real Estate, Inc

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 10/21/2020 03:04 PM