About 5105 5109 Se Tibbetts St
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
Features of 5105 5109 Se Tibbetts St
| MLS® # | 554544251 |
|---|---|
| Price | $780,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,420 |
| Acres | 0.13 |
| Year Built | 1956 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | 1 Story |
| Status | Active |
Community Information
| Address | 5105 5109 Se Tibbetts St |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | RICHMOND |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97206 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Driveway, Off Street |
| # of Garages | 3 |
| Garages | Carport |
| View | Seasonal |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laundry |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
| # of Stories | 1 |
| Has Basement | Yes |
| Basement | Full Basement, Partially Finished |
Exterior
| Exterior | Shake Siding |
|---|---|
| Exterior Features | Porch, Yard |
| Lot Description | Corner Lot, Level |
| Windows | Vinyl Frames |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Creston |
|---|---|
| Middle | Kellogg |
| High | Franklin |
Additional Information
| Date Listed | May 5th, 2025 |
|---|---|
| Days on Market | 176 |
| Zoning | R2.5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Urban Nest Realty |
|---|