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Portland Quick Fixer Condo 2/1 — $140K / $160K ARV

275 SE 162nd Ave, Portland, OR, 97233
Deal Overview

Asking Price

$140,000

$188/sqft

After Repair Value

$160,000

$214/sqft

Rehab Cost

$20,000

$27/sqft

Property Details

Bedrooms

2

Bathrooms

1

Sq Ft

746

Year Built

2007

Property Type

Condo

Condition

Needs Work

Lot Size

746 Square Feet

Description

Discover a compelling quick turnaround project in SE Portland. This 2-bedroom, 1-bathroom condo offers 746 square feet of living space and includes a covered parking spot, situated in the quiet Glenfair community. Built in 2007, this condo is earmarked as a 'quick fixer' with an estimated $20,000 in repairs needed to bring it to its full potential. While general repairs are indicated, specific condition details for major systems are not provided in the source. This property presents a straightforward fix-and-flip opportunity for investors seeking a swift project in a desirable area. With its compact size and manageable renovation scope, it's ideal for a quick repositioning and resale. Buyer to independently verify ARV, square footage, year built, and property condition.

Seller-Provided Comps2

Sold comps

281 SE 162nd Ave #105, Portland, OR 97233

2 bd · 1 ba · 820 sqft

Clean and Dated 2 Bed / 1 Bath 820 SqFt Condo with Covered Parking.

$187,589

293 SE 162nd Ave #293, Portland, OR 97233

2 bd · 1 ba · 758 sqft

Clean and partially updated 2 Bed / 1 Bath 758 SqFt Condo with Covered Park

$179,900

Supporting Documents3

3 documents available

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Property Info
OccupancyTenant Occupied
AccessAppointment Only

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