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15540 NE Couch St
Portland, OR 97230
15540-15542 NE COUCH ST PORTLAND OR 97236 · Multifamily Property For Sale
·
2 Units
Investment Highlights
- ONE LEVEL DUPLEX
- ATTACHED 1 CAR GARAGE
- 100% OCCUPIED
Executive Summary
Great Investment Opportunity – Duplex Near Glenfair Park!Well-maintained duplex featuring one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit — both with fireplaces, washer/dryer hookups, and attached 1-car garages plus additional off-street parking. The property has a south-facing yard and sits in a desirable location near Glenfair Park.Each unit offers upgraded interiors and long-term tenants in place, providing immediate rental income. Current rents are $1,600 and $1,525 per month. Showings are available only after mutual acceptance. Buyer to obtain and honor existing one-year leases. Don’t miss this solid, income-producing property — a great addition to your investment portfolio!
Property Facts
| Price Per Unit | $353,198 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 1,848 SF |
| Cap Rate | 6.34% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1970/2010 |
| Property Type | Multifamily | Parking Ratio | 0.54/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RM1 - The RM1 zone is a low-scale multi-dwelling zone applied along neighborhood corridors in locations near single-dwelling residential areas. | ||
| Price Per Unit | $353,198 CAD |
| Sale Type | Investment |
| Cap Rate | 6.34% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 1,848 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2010 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | RM1 - The RM1 zone is a low-scale multi-dwelling zone applied along neighborhood corridors in locations near single-dwelling residential areas. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $2,116 CAD | 914 |
| 3+1.5 | 1 | $2,220 CAD | 914 |
Property Taxes
| Parcel Number | R158295 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $325,483 CAD |
Property Taxes
Parcel Number
R158295
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$325,483 CAD
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