11050 Ne Glisan St Portland, OR 97220

Multi-Family (2-4 Units) MLS #: 392842930 Courtesy Of The Kelly Group Real Estate

$575,000

2,424 sq ft
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Est. Property Tax: $5,754
Estimated monthly payments: $2,993/mo.* (recalculate)

Property InformationDescription

Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Wood Siding
  • Heating System: Forced Air
  • Lot Size: 0.28 Acres

MAP & DIRECTIONS

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11050 Ne Glisan St, Portland, OR 97220
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School Information

11050 Ne Glisan St, Portland, OR 97220

Elementary School
Grades PK-5 | Public School
VENTURA PARK ELEMENTARY SCHOOL
Portland, OR 97216
145 SE 117th Ave
503.­256.6508
Distance: 0.4 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
345
Middle School
Grades 6-8 | Public School
FLOYD LIGHT MIDDLE SCHOOL
Portland, OR 97216
10800 SE Washington St
503.­256.6511
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
697
High School
Grades 9-12 | Public School
DAVID DOUGLAS HIGH SCHOOL
Portland, OR 97233
1001 SE 135th Ave
503.­261.8300
Distance: 1.3 mi
School Rating
D
Student:Teacher Ratio
19:1
Total Students
2807
Other Nearby Schools Distance Type Grades School Rating
Menlo Park Elementary School 0.9 mi Public PK-5 C+
Sacramento Elementary School 0.9 mi Public PK-5 B+
Columbia Christian Schools 1.0 mi Private PK-12
Portland Christian Schools 1.2 mi Private PK-12
St Therese School 1.2 mi Private PK-8
Mill Park Elementary School 1.2 mi Public PK-5 D-
Portland Adventist Academy 1.2 mi Private 9-12
Cherry Park Elementary School 1.2 mi Public PK-5 C+
Jason Lee Elementary School 1.2 mi Public EE-5 C-
Creative Science K-8 School @clark 1.3 mi Public KG-8 A-
Russell Elementary School 1.3 mi Public PK-5 D+
Happy Day Christian Child Care 1.4 mi Private PK-KG
Vestal Elementary School 1.5 mi Public KG-5 B+
Grace Lutheran School 1.6 mi Private PK-7
Lincoln Park Elementary School 1.6 mi Public PK-5 D+
Parkrose Middle School 1.7 mi Public 6-8 D
West Powellhurst Elementary School 1.7 mi Public PK-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Portland, OR 97220

Median Age: 39.1
Married: 32%
Number of Households: 12,303
Households with Children: 24%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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