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$489,000
2days on marketNE Portland duplex on a corner lot offering solid upside potential. Each unit features 2 bedrooms, 1 bath, and a full unfinished basement, providing additional storage or future flexibility.One unit is currently vacant and has been recently updated with fresh interior paint, new flooring, bathroom improvements, and new gas furnace—making it ready for immediate occupancy or lease-up. The second unit is occupied by a long-term tenant of 15 years at $1,100/month, below current market rent. Estimated market rent is approximately $1,750/month per unit (acording to attached Rent-o-meter report attached) presenting a clear opportunity for future income growth.Both units include updated double-pane vinyl windows and private fenced backyards. A detached two-car garage adds additional value and utility.Property is being sold as-is. Ideal opportunity for investors to add value or owner-occupants looking to offset their mortgage while building equity.
Legal description
JONESMORE, BLOCK 2, LOT 1&2
$489,000
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