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9414 SE Causey Ave 9414 SE Causey Ave 3 Unit Apartment Building $1,970,640 CAD ($656,880 CAD/Unit) 4% Cap Rate Happy Valley, OR 97086
Investment Highlights
- 3 separate tax lots
- Great access to all amenities
- well cared for
Executive Summary
Exceptional Investment Opportunity in the Heart of Happy ValleyBuyers and investors will love this prime location! Welcome to this exceptionally clean and beautifully maintained three-townhome property located in the heart of Happy Valley.Positioned in a highly desirable area with easy access to shopping, grocery stores, dining, and everyday conveniences, this property offers both lifestyle and income potential. Just minutes from major commuter routes including Interstate 205, making travel throughout the Portland metro area simple and convenient.This is a rare opportunity for an owner-occupied investment—live in one townhome while generating income from the other two. One unit is currently operating as a successful short-term rental through Vrbo, creating an opportunity for immediate income. Unit 9014 is fully furnished, allowing the next owner to seamlessly continue the existing VRBO bookings.Each of the three townhomes has been meticulously maintained and thoughtfully updated. The versatile floor plans feature three bedrooms, with two bedrooms upstairs and a third bedroom on the main level, offering flexibility for multi-generational living, home offices, or rental configurations.Quality upgrades and design elements include custom Brazilian cherry hardwood floors, new carpet, newer roof, fresh paint, and numerous additional improvements that enhance both style and durability. 3 garages with 3 more designated parking spots. 1 for each unit. Seller has rented each unit out around $3000 a month with tenant paying utilities, One unit is a successful VRBO. email for the books
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Microwave
- Kitchen
- Granite Countertops
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05021955 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $413,880 CAD |
Property Taxes
Parcel Number
05021955
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$413,880 CAD
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9414 SE Causey Ave | 9414 SE Causey Ave
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