6924 Southeast Division Street

Portland, OR 97206

$525,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Here's your opportunity to invest in a duplex with a favorable 3.125% assumable interest rate! Stylish Side-by-side Duplex just one block from the stunning Mt. Tabor park! Each unit boasts spacious living areas, 2 bedrooms, 1 bath, and convenient off-street parking. One-unit shines with recent renovations, featuring new vinyl flooring, bathroom tile, vanity sink, cabinets, stainless steel appliances, all freshly painted inside, and a private fenced yard. Updates extend outside with new exterior paint...Here's your opportunity to invest in a duplex with a favorable 3.125% assumable interest rate! Stylish Side-by-side Duplex just one block from the stunning Mt. Tabor park! Each unit boasts spacious living areas, 2 bedrooms, 1 bath, and convenient off-street parking. One-unit shines with recent renovations, featuring new vinyl flooring, bathroom tile, vanity sink, cabinets, stainless steel appliances, all freshly painted inside, and a private fenced yard. Updates extend outside with new exterior paint and windows. Situated amidst restaurants, cafes, and parks, this property is a biker's paradise with a score of 93. Easy access to 205, and TriMet. Investors seeking cash flow or owner-occupiers looking to offset their mortgage will find this turnkey property appealing. Note: All units are currently occupied; please do not disturb tenants. Don't miss this opportunity to own a duplex with a solid rental history in a prime location. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225688]
  1. Listed by Dominique May • Inhabit Real Estate • info@inhabitre.com

Property Details for 6924 Southeast Division Street

Subdivision
South Tabor
Parking Features
Off Street, Paved
Zoning
RM1
Parking Total
4.00

Location

Listing Courtesy of Inhabit Real Estate
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LISTING UPDATED: 04/12/2024 03:05 PM

Property Details for 6924 Southeast Division Street

StatusActive
MLS #24440312
Days on Market61
Taxes$6,255 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1979
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Location

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Add your commute

Building Information for 6924 Southeast Division Street

Stories1Residences2Year Built1979Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,386 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6924 Southeast Division Street

Summary
Location and General Information
  • Country: US
  • Directions: SE Division St. Between 69th & 70th
School Information
  • Elementary School: Atkinson
  • High School: Franklin
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,254.75
  • Parcel Number: R234290
  • Tax Legal Description: PARKDALE ADD, W 50' OF N 103' OF BLOCK 2
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1979
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $29,710.00
  • Gross Income Projected: $38,460.00
  • Gross Rent Multiplier: $17.67
  • Investor Information: According To Owner
  • Net Income Actual: $18,257.00
  • Net Income Projected: 27007
  • Operating Expenses Projected: $11,453.00
  • Operating Expense: $11,453.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,830
  • Unit Type 1 SqFt: 803.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,375
  • Unit Type 2 SqFt: 803.0
  • Unit Type 2 Units Total: 1

Schools near 6924 Southeast Division Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Arleta Elementary School
PublicK to 5

Creative Science School
PublicK to 8

Franklin High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

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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6924 Southeast Division Street is a multi-family home for sale in Portland, OR 97206. This property was listed for sale on February 27, 2024 by Inhabit Real Estate, it's currently listed at $525,000. This listing's school district is Portland School District 1j. Nearby schools include Arleta Elementary School, Creative Science School and Franklin High School. 6924 Southeast Division Street is a 0-bed, 0-bath, multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Inhabit Real Estate

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