7516 N BRANDON AVE Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97217
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $237
Subdivision Kenton
MLS Listing ID 435528872
Year Built 1926
Annual Tax Amount $5,052
Tax Year 2024
Property Description
Looking for an investment property that starts paying off from day one? Here it is. With two units generating $2,400/month for the upper unit and $1,900/month for the lower unit, this home has a proven track record of solid cash flow. Located just minutes from downtown Kenton, this property checks all the boxes: convenience, functionality, and charm. The lower unit, remodeled in 2019, is a spacious layout of 1,156 sqft that includes a modern kitchen with soft-close cabinets, 1-bedroom + office, high ceilings and updated finishes. The upper unit features a refreshed kitchen, updated bathroom, 2 bedrooms + loft, hardwood floors, and original 1920s built-ins that add unique character.The exterior has been upgraded with new fiber cement siding and fresh paint, so you can skip the costly maintenance and focus on maximizing your returns. The property also includes a spacious backyard and plenty of parking, with both driveway and street options.Whether you choose to live in one unit and rent the other or lease out both, this property offers flexibility and growth potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201582]
Location
State OR
County Multnomah
Community Laundry
Area _141
Zoning CM2
Interior
Heating Forced Air
Exterior
Community Features Laundry
Roof Type Composition
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Peninsula
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan
Virtual Tour https://my.matterport.com/show/?m=iPxnASC3MuL