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Updated about 17 hours ago on .

User Stats

170
Posts
144
Votes
Melissa Hartvigsen
  • Real Estate Agent
  • Beaverton, OR
144
Votes |
170
Posts

Classic foursquare Kerns duplex, turnkey investment property with one vacant unit.

Melissa Hartvigsen
  • Real Estate Agent
  • Beaverton, OR
Posted

Classic foursquare Kerns duplex, turnkey investment property with one unit held vacant for listing (#26). The one-bedroom one-bath spans two floors: the main level and finished basement. On the main level the unit has the original hardwood floors, a decorative fireplace, updated bathroom, and kitchen with a new dishwasher, newer gas stove and new refrigerator. The bedroom is carpeted and features: a walk-in closet, full-size laundry, and forced air heating. The two-bedroom occupied unit (28) enters from the front porch and has a formal entry leading to the stairs. The original hardwood floors are throughout the living room and bedrooms. The kitchen has a new refrigerator, and a newer stackable washer dryer unit in the bathroom. This unit also features access to a bonus space in the attic, and has all electric appliances and electric zonal heating. The duplex roof, gutters, sidewalk in front, and driveway were all replaced in 2023. There is a detached garage. Plus, a private backyard shared by the tenants. Flexible RM2 zoning provides many options, keep as a duplex, convert to a single family home, or add more units.

Details:

Listed price $595,000

Occupied unit rent $1,875

Market rent for vacant unit $1,775

Major unit turnovers on both units in the last 12 months (most appliances are new, brand new HVAC on the way for vacant unit), new roof and gutters two years ago.

Offering
Portland, Oregon