Bought with eXp Realty, LLC
$600,000
$600,000
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1,584 SqFt
SOLD DATE : 09/10/2025
Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $378
Subdivision Arbor Lodge
MLS Listing ID 710998326
Sold Date 09/10/25
Year Built 1925
Annual Tax Amount $3,972
Tax Year 2024
Property Description
Discover the potential of this beautifully renovated Arbor Lodge duplex! Featuring two one-bedroom, one-bath units with an unfinished basement, this property is ready to move in and offers a fantastic opportunity to live in one unit while renting the other to offset your mortgage. Recently updated with fresh paint and stunning refinished or new hardwood floors, both units blend charm and modern convenience. With a strong cash flow history, this property is not only ideal for first-time buyers but also appeals to seasoned investors. Additionally, the flat and spacious lot provides room to expand, whether by adding a detached ADU or converting it into a triplex for even greater investment potential. Don't miss out on this versatile property in the heart of Arbor Lodge!
Location
State OR
County Multnomah
Community Centralair
Area _141
Zoning R5
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Exterior
Community Features CentralAir
Roof Type Composition,Shingle
Garage No
Building
Lot Description Corner Lot, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Chief Joseph
Middle Schools Ockley Green
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional, FHA, Rehab, VALoan
Listing Terms Cash, Conventional, FHA, Rehab, VALoan
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