Portland Ave + Tyler Ave Property Sale

Multi-Family for Sale
Catylist Listing ID: 30835545
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,342 SF
Gross Building Area: See Agent
Sale Price: $285,000
Unit Price: $71,250 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/6/2023

Overview / Comments

Investors take note. 4 total units - across the street from the Portland Museum of history and art. Tri-plex separately deeded from single family home and garage at 2316 Tyler Ave (parcel ID: 005G00890000). Separately metered. Listing price is for both parcels together. Owner has invested over $50,000 into improvements and upgrades since purchasing. Gross Monthly rents total $3,025 for both properties combined. Property viewing available with accepted contract. 100% occupied. Tenants are current on all rents. Property can be toured with accepted contract or at an open house. Please contact agent.

Rent Roll:
Unit 1 - 1 bed $750/month
Unit 2 - 1 bed $725/month
Unit 3 - 1 bed $750/month
2316 Tyler Ave - 1 bed house $800/month

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 005G00080000
Zoning: U-N - Urban Neighborhood District
Percent Occupied: 100%
Number of Stories: 2
Year Built: 1900
Construction/Siding: Aluminum Siding
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,580 122,804 261,748
Median Age: 32.94 35.81 36.79
Households: 4,641 52,145 113,248


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