8780 SE FLAVEL ST, Portland, OR 97266

$599,000
2,678
SqFt

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Courtesy of The Group Real Estate Services.

List Price
$599,000
Price Change
▼ $16,000 1783395046
Days on Market
154
MLS#
526313742
Property Type
Multifamily
Sqft. of Residence
2,678
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

NEW PRICE - IMPROVED TO SELL! Large newer multi-unit property, built in 2019, offers an incredible investment opportunity. Upstairs 2 story 2,000 SF unit, is currently divided by a full partition wall  and set up as townhouse style units, each with individual kitchens and separate entrances. These units are ideal for owner occupancy with an in-law / multi generational living space. Plus a downstairs Studio apartment with @ 320 SF that adds extra income (currently rented for $995 per month). Features include 9' ceilings, engineered hardwood floors, slab granite countertops, an abundance of windows with breathtaking views over the Spring Water Trail and Johnson Creek. The property is in excellent condition, boasting bright, inviting comfort and style. Each unit has stainless steel appliances, ample storage, and two private balconies. Each living space is equipped with a heat pump and mini split system, keeping property cool during the summer months. There is plenty of on-street, off-street, and garage parking, including a massive 1,000 sq ft garage and RV parking. The thoughtfully designed and thriving landscaping offers year-round beauty. This building was constructed by the current owner with his attention to detail and superior craftsmanship. It is a  one-of-a-kind property and has been a fantastic investment. Upstairs is currently rented to 2 individual tenants, with a 3rd tenant in the downstairs Studio. Don't miss your chance to own this incredible income-generating property.

Additional Information

Tax Amount
$2,132
Year Built
2019
High School
Franklin
Elementary School
Kelly
Middle School
Lane
Acres
0.13
Living Area
2,678
Stories
3
Subdivision
EDGE OTOWN VILLAS
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Heat Pump, Mini Split
Fuel Description
Gas
Heating Description
Forced Air, Heat Pump, Mini Split
Hoa Rent Includes
Cable TV, Heat, Water
Hot Water Description
Gas, Tankless
Exterior Description
Cement Siding
Roof Type
Metal
Sewer Description
Public Sewer
View
Park/Greenbelt
Parking
Off Street, RV Access/Parking
Parking Description
Off Street, RV Access/Parking
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1700
Unit Type One Sq Ft
1100
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
995
Unit Type Three Sq Ft
322
Unit Type Three Units Total
1
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