5025 N Minnesota Ave, Portland, OR 97217

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $165 per day and long-term for an average of $1,793 per month, based on similar listings in the area. Estimated short-term cap rate of 6.3%. Estimated long-term cap rate of -2.0%. Bright and modern second floor condo located in Portland’s highly sought after Overlook neighborhood. The open concept floor plan features a spacious living and dining area connected seamlessly to a fully equipped modern kitchen with stainless steel appliances and quartz counters. Generously sized bedrooms with new carpet, walk in closet in primary suite. Luxury vinyl plank flooring throughout great room. Mini-split system for efficient and comfortable heating and cooling. With an 87 walk score and 97 bike score, this home is perfectly positioned for quick commutes. Only 1 block to MAX, a minute to PCC, and 10 minutes to downtown Portland. A short jaunt whisks you away to an array of coffee shops, restaurants, breweries, and vintage shopping along Killingsworth, Alberta, and N Williams. Reasonable HOA dues of $324/month cover exterior maintenance, water, sewer and garbage. No rental cap make this property an excellent opportunity for both owner occupants and investors. Additional conveniences include in-unit washer/dryer, secure bike storage, and pet-friendly policies that have no weight or breed restrictions. This urban oasis is a perfect blend of comfort, convenience, and style with everything you need to just move right in.