Bought with Kelly Right Real Estate of Portland, LLC
$625,000
$799,900
21.9%For more information regarding the value of a property, please contact us for a free consultation.
17 S GIBBS ST Portland, OR 97239
4,611 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,611 sqft
Price per Sqft $135
Subdivision South Portland
MLS Listing ID 23118286
Sold Date 03/29/24
Year Built 1888
Annual Tax Amount $9,162
Tax Year 2023
Property Description
Rare 4-Plex Investment Opportunity!?? Welcome to the investment opportunity of a lifetime! Nestled in the coveted Corbett-Terwilliger-Lair Hill neighborhood of Portland, this rare 4-plex gem awaits your vision. With 6 bedrooms, 4 bathrooms, and the potential for a 5th unit in the finished basement, this property offers incredible potential for savvy investors. Although it needs a touch of TLC, this 1888 treasure is a canvas awaiting your creative brushstrokes to restore its former glory. The location itself is a dream?boasting an impressive Walk Score of 86, Transit Score of 78, and Bike Score of 80, making it a commuter?s paradise. Imagine the convenience of being within walking distance to OHSU and just minutes away from the vibrant heart of Downtown Portland. This property isn?t just a structure; it?s an opportunity to create an investment that flourishes. Embrace the potential, seize the location, and unlock the rewards of owning a piece of Portland?s history while making an impactful investment for the future. Don?t miss out on this chance to craft your own success story in real estate!
Location
State OR
County Multnomah
Area _148
Zoning RM1
Rooms
Basement Partially Finished
Interior
Heating Other
Exterior
View City, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Middle Schools Jackson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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