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Listed by RE/MAX Advantage Group
$ 730,000
Est. payment /mo
New
12344 SE BUSH ST Portland, OR 97236
2,477 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,477 sqft
Price per Sqft $294
MLS Listing ID 586866154
Year Built 1954
Annual Tax Amount $5,720
Tax Year 2025
Lot Size 10,890 Sqft
Property Description
Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages—parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it's own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Zoned
Exterior
Garage Spaces 3.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Gilbert Hts
Middle Schools Alice Ott
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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