This duplex at 466 & 468 NE Olney Ave. offers two income-producing two-bedroom units with stable tenants in place, generating a total of $3,320 in monthly rent. Priced at $599,000, the property sits on a 7,405 SF lot with 1,600 SF of building space and includes three onsite parking spaces.… Read More Recent kitchen and bathroom upgrades, below-market rents, and a highly desirable location contribute to its strong investment appeal. With an estimated NOI of $28,471.20 and a cap rate of 4.75%, this asset presents solid cash flow and upside potential in a competitive rental market. Read Less
Courtesy of Daniel B Kemp, Compass Commercial Real Estate
Listing Snapshot
Days Online
25
Last Updated
Property Type
Duplex
Square Ft.
1,600
Lot Size
0.17 Acres
Year Built
1948
MLS Number
220214010
30 Days Snapshot Of 97701
$609k
-16%
(avg) sold price
22
-37%
homes sold
161
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Architectural style: "Northwest", Building area total: 1,600, Built in 1948
Floors
"Hardwood", "Laminate"
Heating
"Baseboard"
Lot
0.17 acres, Lot size area: 0, 7,405 square feet
Parking
"Shared Driveway"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $2,221
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