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2144 NE Broadway StreetPortland, OR 97232Price: $799,000

  • Price: $799,000
  • 31 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.1Acreage
  • 5,125Square Feet
Listed by Brian Spear of JMA Properties LLC
Pending
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232
2144 NE Broadway Street Portland OR 97232

Listing Tools

Income Producer! Located within the pulse of Portland's sought-after Broadway/Irvington district, this 3-unit Income property presents an excellent opportunity for current above-market returns with room for future growth. Highlighting the property is a turn-key remodeled commercial space with prime Broadway street frontage. Currently the home of the Paz Hair Lounge, a stable tenant with a mutual lessor-lessee extension exercisable in March, 2025. Beyond the commercial space awaits an income-generating Duplex, where historic charm intertwines seamlessly with contemporary comforts. Classic Arts & Crafts era features of an Old Portland converted home include high ceilings, built-in woodwork, hardwood floors, large windows, and craftsman touches throughout. The exterior was recently painted and includes ample on-site parking for residents. CM2 Commercial zoning offers boundless possibilities for future business or residential unit growth. Tremendous potential for high ROI, with current cap rate at 6.7% and low 11.5 GRM - this income producer if fully occupied & has great potential to grow! Please do not disturb the tenants. Property is not in the Irvington Historic District. A principal of the owner has an inactive Oregon real estate license. Buyer to perform own due diligence and to verify all information to their satisfaction.

Property Details of 2144 NE Broadway Street

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Based on information submitted to OR_RMLS_WEB_API as of December 2, 2024 9:12 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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