Embedded Files
SOLD
177 SE 119TH AVE. PORTLAND, OR 97216
SUBJECT TO / SELLER FINANCE
Take Over 2% Interest Rate Mortgage
Property Details:
Beds/Baths: 3 Beds / 1 Bath
Living Space: 1,339 SQFT
Lot Size: 3,425 SQFT
Air Conditioning: Central Air
Heating: Forced Air Unit
Carport: Covered Carport
Yard: Fenced Front and Back Yard
Floors: Hardwood Floors
Appliances: Washer and Dryer Included
Outdoor Features:
Garden Area with Garden Fence
Spacious Backyard with Deck
Room for Pool, Trampoline, or Firepit Area
Condition: Good
___________________________
Financial Terms:
Mortgage Balance (Subject-To): $321,817
Mortgage Interest Rate: 2.375%
Mortgage Monthly Payment: $1,909.12
___________________________
Financing Structure:
Down Payment: $50,000
Seller Finance Balance: $55,000
Seller Carry Monthly Payment: $600.00
Payment Start Date:
No payments due for the first four (4) months after Close of Escrow.
Monthly payments of $500 begin on the fifth (5th) month after Close of Escrow.
Interest Rate to Seller: 0%
Balloon Payment to Seller: $21,400 due in 5 years (Refinance Optional)
Total Obligation Monthly (Starting in October 2025) = $2,500 (mortgage + seller finance payment).
___________________________
Closing Date:
Close of Escrow: On or before May 30th, 2025
___________________________
Tenant Details:
Current Rent: $2,500/month
Lease Expiration: October 1st, 2025
Tenant Deposit Responsibility:
Seller will pay the tenant their $2,500 security deposit at lease end (confirmed in Purchase and Sale Agreement).
Cash Flow During First 4 Months:
Buyer collects $2,500/month rent.
Pays $1,900/month mortgage via servicing company.
Keeps ~$600/month positive cash flow during tenant lease term.
___________________________
Monthly Payment Obligations (After October 2025):
Mortgage Payment: $1,909.12/month
Seller Finance Payment: $600.00/month
Total Monthly Obligation: $2,509.12/month
___________________________
SOLD
Available
7434 SE 83rd Ave. Portland, OR 97266
Two-Unit Investment Opportunity
This is not a property listing.
This offering represents the transfer of an existing contractual interest for an investor-ready opportunity.
All details are provided solely for investor analysis and due diligence.
Deal Summary
Deal Summary
Acquisition Structure: Contract Assignment
Assignment Consideration: $60,000
Purchase Price: $441,000
Existing Financing: Approximately $401,000 at a highly favorable ~2.65% interest rate
Estimated Monthly Payment: $2,200–$2,350
Refinance / Restructure Window: 3–5 years
Investment Highlights
Investment Highlights
Projected Market Rents: $3,150–$3,500/month
Estimated Monthly Cash Flow: $600–$1,000
Projected Annual ROI: 18%–30% (based on cash invested)
Estimated Post-Update Value: $465,000–$495,000
Light cosmetic updates have potential to boost both rents and long-term value.
This opportunity is ideal for:
✔ BRRRR investors
✔ Long-term portfolio builders
✔ Buyers seeking a low-entry investment with strong existing financing
✔ House hackers and value-add investors
"Opportunities don’t happen. You create them."
off-market properties
off-market properties
Building Dreams Through Off-Market Opportunities
My mission in real estate is more than just buying and selling properties—it's about creating opportunities for people to build their dreams. By providing access to exclusive off-market deals, I help investors, homeowners, and visionaries turn possibilities into reality.
I got into real estate not just as a business, but as a solution-driven venture—helping people find the right properties, solve challenges, and achieve their goals. Whether it’s a first-time buyer looking for a fresh start, an investor seeking the perfect deal, or a family needing a better future, I am committed to making an impact.
For me, real estate represents consistency, dedication, and hard work—the same values I apply to bettering my family’s future and building long-term success. Every deal is not just about profits; it’s about creating lasting value, providing solutions, and making a difference in people’s lives.
This is my purpose. Helping others win, while building a future of my own.
Page updated
Google Sites
Report abuse