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$599,000
Est. payment /mo
2,424 SqFt
Price Dropped by $26K
9630 SE FOSTER RD Portland, OR 97266
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $247
MLS Listing ID 24409664
HOA Y/N No
Year Built 1979
Annual Tax Amount $6,453
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Assumable FHA loan at 2.375% This updated triplex at 9630 SE Foster Rd, Portland presents an excellent investment opportunity. With a new roof and new siding, the property is in top condition, requiring minimal upkeep. enhancing the potential growth future cash flow. Located in a desirable area of Portland, this triplex offers both stability and growth potential for investors. Don't miss the chance to add this turnkey property to your portfolio! FHA loan at 2.375% with a balance of 450k and the PITI is $2,900If you assume the current loan and pay the seller the remaining you will cash flow 5.8% a year and there is more room to increase the rents!
Location
State OR
County Multnomah
Area _143
Zoning CM3
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Kelly
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan

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