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- LoopNet Team
5527 N Greeley Ave
Portland, OR 97217
5527 N Greeley · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Overlook Neighborhood
- Redevelopment
- Fully Leased, upside potential in rental income
PROPERTY FACTS
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.11 AC | Year Built | 1909 |
| Construction Status | Demolished | Parking Ratio | 1.47/1,000 SF |
| Building Size | 2,728 SF | ||
| Zoning | R1 | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.11 AC |
| Construction Status | Demolished |
| Building Size | 2,728 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1909 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R1 |
ABOUT 5527 N GREELEY AVE , PORTLAND, OR 97217
Vintage duplex with a great location in Northeast Portland. Downstairs unit is 1,000 SF, upstairs unit is 730 SF; both with high upside potential in rental income. The property is located close to the Adidas Headquarters, restaurants, bars and only a 10 minute drive to downtown Portland. Separate entrance, partially finished basement can potentially be a third unit. Excess land on R1 zoning for potential additional unit or two! Many recent improvements include newer roof, gas furnace and sewer line. Extremely desirable location within walking distance to restaurants, bars, the MAX line, bus, grocery and a bike score of 96.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 730 - 1,000 |
PROPERTY TAXES
| Parcel Number | R306745 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,951,390 |
PROPERTY TAXES
