Supreme location and highly desired zoning. Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income. The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturing, and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.
View full listing details| Price: | $525,000 |
| Address: | 5717 SE Foster Rd |
| City: | Portland |
| County: | Multnomah |
| State: | Oregon |
| Zip Code: | 97206 |
| MLS: | 500193505 |
| Year Built: | 1908 |
| Square Feet: | 1,438 |
| Acres: | 0.08 |
| Lot Square Feet: | 0.08 acres |
| roof: | Composition |
| sewer: | Public Sewer |
| viewYN: | yes |
| capRate: | 5.52 |
| country: | US |
| heating: | Forced Air |
| storage: | Basement, Locked |
| stories: | 2 |
| taxYear: | 2024 |
| basement: | Exterior Entry, Full Basement, Storage Space |
| cCandRYN: | no |
| coolingYN: | no |
| heatingYN: | yes |
| photo1Url: | https://www.rmlsweb.com/webphotos/50000000/10000/9000/500193505-1-a.jpg |
| priceType: | List Price |
| directions: | Foster to 5717 |
| highSchool: | Franklin |
| grossIncome: | 37032 |
| lotFeatures: | On Busline |
| openHouseYN: | no |
| shortSaleYN: | no |
| waterSource: | Public Water |
| daysOnMarket: | 96 |
| hotSheetDate: | 2025-04-23 |
| listAgentKey: | 68426 |
| listingTerms: | Cash, Conventional, FHA, VA Loan |
| lotSizeRange: | 3, 000 to 4, 999 SqFt |
| mlsAreaMajor: | Portland Southeast |
| onMarketDate: | 2025-01-29T00:00:00+00:00 |
| parcelNumber: | R298609 |
| parkingTotal: | 6 |
| rentIncludes: | Maintenance Grounds |
| unitTypeType: | 1, 2 |
| listOfficeFax: | 503-444-9008 |
| listOfficeKey: | 107969 |
| unitType1Area: | 888 |
| unitType2Area: | 550 |
| listingService: | Full Service |
| standardStatus: | Active |
| fuelDescription: | Gas |
| parkingFeatures: | Driveway, Off Street |
| roadSurfaceType: | Paved |
| sourceSystemKey: | 500193505 |
| taxAnnualAmount: | 3099.35 |
| viewDescription: | City |
| elementarySchool: | Creston |
| operatingExpense: | 8028 |
| sourceSystemName: | Regional Multiple Listing Service, Inc. |
| foundationDetails: | Concrete Perimeter |
| listAgentLastName: | Brunner |
| listMainOfficeKey: | 107969 |
| listingKeyNumeric: | 500193505 |
| lotSizeSquareFeet: | 3484 |
| offerInstructions: | Seller's Agent Only |
| originalListPrice: | 525000 |
| propertyCondition: | Updated/Remodeled |
| unitType1Features: | Dishwasher, Range, Washer/Dryer |
| unitType2Features: | Dishwasher, Range |
| listAgentFirstName: | Brenda |
| netOperatingIncome: | 29004 |
| netScheduledIncome: | 38004 |
| numberOfUnitsTotal: | 2 |
| propertyAttachedYN: | no |
| unitType1BedsTotal: | 2 |
| unitType2BedsTotal: | 1 |
| exteriorDescription: | Cement Siding |
| grossRentMultiplier: | 14.18 |
| hotWaterDescription: | Tank |
| idxAddressDisplayYN: | yes |
| investorInformation: | According To Owner |
| listAgentKeyNumeric: | 68426 |
| listingContractDate: | 2025-01-29T00:00:00+00:00 |
| streetNumberNumeric: | 5717 |
| taxLegalDescription: | WATTS SUB, BLOCK 3, LOT 11, LAND & IMPS SEE R631180 (R884300991) |
| unitType1ActualRent: | 1750 |
| unitType1BathsTotal: | 1 |
| unitType1UnitsTotal: | 1 |
| unitType2ActualRent: | 1250 |
| unitType2BathsTotal: | 1 |
| unitType2UnitsTotal: | 1 |
| greenCertificationYN: | no |
| grossScheduledIncome: | 46032 |
| listOfficeKeyNumeric: | 107969 |
| middleOrJuniorSchool: | Hosford |
| originatingSystemKey: | 500193505 |
| thirdPartyApprovalYN: | no |
| currentPriceForStatus: | 525000 |
| originatingSystemName: | Regional Multiple Listing Service, Inc. |
| statusChangeTimestamp: | 2025-04-23T14:35:13+00:00 |
| contractStatusChangeDate: | 2025-01-29T00:00:00+00:00 |
| internetAddressDisplayYN: | yes |
| listMainOfficeKeyNumeric: | 107969 |
| idxEntireListingDisplayYN: | yes |
| internetConsumerCommentYN: | yes |
| operatingExpenseScheduled: | 8028 |
| virtualTourUrlUnbranded3YN: | no |
| propertyRecordUpdateTimestamp: | 2025-05-05T08:09:22+00:00 |
| internetEntireListingDisplayYN: | yes |
| internetAutomatedValuationDisplayYN: | yes |
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