9630 SE FOSTER RD Portland, OR $ 1,225,000
9630 SE FOSTER RD
$ 1,225,000
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9630 SE FOSTER RD

Portland, OR, 97266
$ 1,225,000
Bedrooms12 Baths6.0 Sq 4,840

Monthly Estimate*

$ 8,142

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Multi-Family Home for sale in Portland, OR

for $1,225,000 with 12 bedrooms and 6 full baths. This 4,840 square foot home was built in 1979.

This property is a fantastic opportunity for investors looking for a cash flowing investment property. With two triplexes, there are a total of six units that can generate rental income. The properties have recently undergone exterior updates, including new siding, paint, and roofs. Multiple units have also received recent interior updates. These updates include new flooring, fresh paint, updated fixtures and other improvements that enhance the overall appeal and functionality of the units. Located in the Lents neighborhood of SE Portland offering convenient access to I-205, MAX, bus lines, shopping, restaurants, and recreational trails. Don't miss out on this opportunity to add a profitable property to your portfolio.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,982

Style

Year Built

1979

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23025511

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning CM3
Year Built 1979
Stories 2
Tax Year 2023
Gross Income 85260.0
County Multnomah
Net Operating Income 15600.0
Operating Expense 0
Property Type MultiFamily
Subdivision Name LENTS
Rent Includes Sewer TrashCollection Water
Status Active
Directions I-205 exit 17 onto Foster Rd L onto Woodstock Blvd L onto SE Foster
High School Franklin
City Portland
NumberOfUnitsTotal 6
MLS Area _143
Street Name FOSTER
Listing Terms Cash Conventional FHA
Elementary School Kelly
Tax Annual Amount 5982.08
Middle/Junior High School Lane
Property Condition Approximately
Virtual Tour https://youtu.be/HLX6Zce7Zr4
Days on Market 178
Standard Status Active
Legal Description TOWN OF LENT BLOCK 1 LOT 1 EXC PT IN ST
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features Assigned Paved
Lot Features Level
Water Source PublicWater
Total Parking 6.0
Exterior Description CementSiding
Building Area Total 4840.0
Street Suffix RD
Road Surface Type Paved
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Internal Only
Street Number 1 9630
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* Excluded Features
List By
Exp Realty, Llc

Broker

amy@cerrutirealestate.com

Email

Affordability Calculator

$8,640
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,142
Monthly Property Taxes
$499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1950266 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$1,225,000 -5.77% Price Down
1/31/2024$1,300,000 -3.70% Price Down
12/16/2023$1,350,000 Listed Price

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9630 SE FOSTER RD, Portland, OR, 97266 is a Multi-Family Home for sale at $1,225,000 with 4,840 sqft. 9630 SE FOSTER RD has 12 bedrooms, 6.0 baths, and was built in 1979. The property's zip code is 97266 which is in Portland, OR