2875 NW THURMAN ST, Portland, OR 97210

$995,000

Listing courtesy of High Five Properties.

List Price
$995,000
Days on Market
33
MLS#
22694400
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
City
Portland
Status
Active

Property Description

Best of all worlds! This rad non-comforming triplex is perfectly situated between the shops and restaurants on NW 23rd and the flora and fauna of Forest Park. Low maintenance and fully rented with off street parking and serene backyard with city views. The larger units have fireplaces and French doors to the yard. Stable longterm rental or owner occupied. Two deep driveways with carports. Awesome location just blocks from Forest Park and the best of the NW districts.

Additional Information

Tax Amount
$8,125
Year Built
1952
High School
Lincoln
Elementary School
Chapman
Middle School
West Sylvan
Subdivision
Nw 23rd/Alphabet District
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Block
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
View
City
Sq Ft Approximate Building Total
2375
Capitalization Rate
4.85
Operating Expenses Actual
4500
Gross Income Actual
52740
Gross Rent Multiplier
18.87
Net Income Actual
48240
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Rent
895
Unit Type One Sq Ft
450
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1620
Unit Type Two Sq Ft
750
Unit Type Two Units Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
2150
Unit Type Three Sq Ft
1200
Unit Type Three 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

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 © 2022 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.