1500 SE GLENWOOD ST, Portland, OR 97202

$650,000
List Price
$650,000
Days on Market
26
MLS#
21013514
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
Pending

Property Description

Prime Westmoreland location! 2 blocks away from shops and restaurants. This duplex has potential for an investment property, multi-family, or multi-generational living. Both units have that mid century feel with great functionality. Off street parking, fenced yard, fireplace, and a large covered patio. Minutes from Sellwood park, Sellwood Riverfront! Location location location!

Additional Information

Tax Amount
$4,668
Year Built
1962
High School
Cleveland
Elementary School
Llewellyn
Middle School
Sellwood
Subdivision
Westmoreland
Terms
Call Listing Agent, Cash, Conventional, Contract
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity, Other
Exterior Description
Brick
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
26
Sq Ft Approximate Building Total
1680
Capitalization Rate
2.6
Operating Expenses Actual
9679
Gross Income Actual
26550
Gross Rent Multiplier
24.48
Net Income Actual
16870
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1000
Unit Type One Sq Ft
859
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1200
Unit Type Two Sq Ft
819
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2021 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.