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About This Home
This 4-bedroom, 2-bathroom residential multi family at 7020 NE HALSEY St in Portland, OR is listed for $489,000 ($217 per sqft). Built in 1948, the home offers 2,250 sqft of living space on a 0.15 acres lot.
NE Portland duplex on a corner lot offering solid upside potential. Each unit features 2 bedrooms, 1 bath, and a full unfinished basement, providing additional storage or future flexibility.One unit is currently vacant and has been recently updated with fresh interior paint, new flooring, bathroom improvements, and new gas furnace-making it ready for immediate occupancy or lease-up.
The second unit is occupied by a long-term tenant of 15 years at $1,100/month, below current market rent. Estimated market rent is approximately $1,750/month per unit (acording to attached Rent-o-meter report attached) presenting a clear opportunity for future income growth.Both units include updated double-pane vinyl windows and private fenced backyards.
A detached two-car garage adds additional value and utility.Property is being sold as-is. Ideal opportunity for investors to add value or owner-occupants looking to offset their mortgage while building equity.
Key Features
- Built in 1948
- 0.15 acre lot
Property Details
Monthly Cost Estimate
$2,615/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7020 NE HALSEY St
Portland, OR 97213
Property Details
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 7020 NE HALSEY St is listed at $489,000 ($217/sqft). The estimated monthly payment is $2,119 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.15 acre lot.
This property is listed by Carl Iiams and can be reached at 5037090900 or carl@iiams.net.