Portland, OR 97220,11050 NE GLISAN ST
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Portland, OR 97220,11050 NE GLISAN ST
Portland, OR 97220,11050 NE GLISAN ST
Portland, OR 97220,11050 NE GLISAN ST
Portland, OR 97220,11050 NE GLISAN ST
Listed by The Kelly Group Real Estate
Bought with Real Broker

$560,000

Est. payment /mo

$560,000

Est.Price: ?

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11050 NE GLISAN ST Portland, OR 97220

2,424 SqFt

SOLD DATE : 05/20/2025

Key Details

Sold Price $560,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $231

MLS Listing ID 392842930

Sold Date 05/20/25

Year Built 1960

Annual Tax Amount $5,754

Tax Year 2024

Lot Size 0.280 Acres

Property Description

Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.

Location

State OR

County Multnomah

Area _142

Zoning RM1

Interior

Heating Forced Air

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Ventura Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)
agent

Jason Connelly

Broker

+1(971) 930-0990

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