7454 N Haven Ave Portland, OR 97203
Listing Courtesy of: RMLS / Redfin

  7454 N Haven Ave Portland, OR 97203

Active (14 Days)
$699,000

Description

Investor's Dream in University Park: This duplex offers an exceptional opportunity for savvy investors. With two distinct units - a 2-bedroom, 1-bath and a 3-bedroom, 1-bath - this property maximizes rental potential. In addition, there is 816 sq. ft. of unfinished basement for extra storage plus the R2.5 zoning allows for potential conversion of 520sq.ft garage to an additional unit/ADU. Each unit boasts modern amenities including stainless steel appliances, hardwood floors, and in-unit washer and dryer, ensuring high tenant satisfaction and premium rental rates.Strategic Design: Featuring private entrances and tall ceilings, tenants enjoy a sense of exclusivity and space. The covered porch provides an inviting outdoor area, while the garden and patio offer additional relaxation spots. Investors can leverage the unfinished basement for extra storage or as an added amenity for tenants.Potential for Expansion: The large garage space presents a unique opportunity to convert into a third rental unit, further increasing rental income potential. With the ability to accommodate multiple vehicles or serve as a workshop/storage area, this space offers flexibility for various investment strategies.Prime Location: Situated in University Park, this property is in a highly desirable rental market, attracting tenants seeking proximity to amenities & employment opportunities. Investors can capitalize on the consistent demand for housing in this area, ensuring stable occupancy rates and strong rental yields. Don't miss out on this lucrative investment opportunity! With its strategic design, prime location, and potential for expansion, this duplex offers a pathway to long-term financial growth in the lucrative rental market

MLS #:
24112823
Taxes
$6,002(2023)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1906
County
Multnomah County
Community
University Park

Listed By

Tanya Smith, Redfin
Source
RMLS
Last checked Apr 30 2024 at 2:58 AM PDT
Bathroom Details
Subdivision
  • University Park
Lot Information
  • Trees
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Basement Information
  • Storage Space
  • Unfinished
Exterior Features
  • Wood Siding
  • Shake Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Astor
  • Middle School: Astor
  • High School: Roosevelt
Parking
  • On Street
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 1.5
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than (fill in the site owning Broker company name here) are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/29/24 19:58