Estimated Value: $712,000 - $877,000
Great Opportunity to purchase a well-maintained, income-producing property. Each unit is a 2 bed, 1 bath. Brand new asphalt off-street parking with 9 parking spaces, fenced backyards with storage space. Units offer refrigerator, range and washer and dryer hook ups. Easy, low maintenance, one level property. 7.69% projected CAP! All offers subject to interior inspection. Do not disturb tenants.
Last Agent to Sell the Property
The Brokerage License #201211559 Listed on: 04/29/2020
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Additional Features
Community Details
Listing and Financial Details
$675,000
EXCELLENT CASH FLOW or INCREDIBLE OPPORTUNITY TO LIVE IN A 4 BED 2 BATH HOME AND OWN TWO OTHER HOMES FOR INCOME!!! This amazing .34 acre property has three homes and possibly room for one more. All three roofs are new and all three have recent interior updates. The main house is vacant and ready to occupy, but can be easily rented for maximum cash flow. Very convenient location close to I-205
Jason Kennedy RE/MAX Equity Group
$600,000
*** POSSIBLE 100% FINANCING FOR OWNER OCCUPANT *** AMAZING OPPORTUNITY *** 8.65% CAP RATE *** Great cash flow property in very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as
Jason Kennedy RE/MAX Equity Group
$779,900
Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!
Israel Hill John L. Scott Portland Central
$785,000
Want an investment property with owner-occupied interest rates? This great 4-unit has a newly vacant apartment waiting for you to move in. Existing tenants all long-term and month-to-month; 100% occupancy for over 10 years! New roof (2023), exterior paint (2023). Lots of work on individual units (detailed list available) including updates on bathroom floors, plumbing, bathroom fixtures and
Robert Thompson Owl's Nest Realty
$705,000
Great investment opportunity. Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring, windows, paint, hot water heaters and electrical panels. Owner has updated the decks and landscaping in the private and common areas. Large off-street parking for 8 vehicles. Close to transportation and plenty of amenities. All units are occupied.
Heather Miller Keller Williams PDX Central
$750,000
Fantastic opportunity to own three homes on one tax lot. The property includes two low-maintenance homes, both built in 2006, and one original 2-bed/1.5-bath home built in 1953. The two newer homes are 4-bed/2-bath units. Interior inspections available with an accepted offer. Addresses: 203 SE 129th Ave, 211 SE 129th Ave, 219 SE 129th Ave.
Jim McCartan Cascade Hasson Sotheby's International Realty
$699,999
Come and see the beauty of this newer duplex that has quartz and granite countertops and open concept living; it feels like a home or townhouse.Live in one side and help pay your mortgage with income from the other side. One side was renting for $2100 but both units will be vacant soon. Opportunity to charge what market rents are or whatever you want! Each unit has a garage with automatic
alison pinetti MORE Realty
$600,000
Great Investment Opportunity with this well-maintained conveniently located triplex. All units are 2BR/1ba on one level. Good floor plans. Lower level has a shared laundry, storage, 3 forced air gas furnaces. This triplex is subject to the simultaneous sale of the adjacent vacant tax lot MLS#182776735. Easy access to shopping, restaurants, I-205, I-84, and airport. Write offers "subject to
Timothy Fowler Keller Williams Premier Partners
$825,000
Triplex with 6.18% Cap Rate. Current loan on the property is assumable at well below market rate. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property
J.P. Praisler MORE Realty
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daibes Krystal | $645,000 | Chicago Title | |
| Boettcher Jeralene | $260,000 | Chicago Title Insurance Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daibes Krystal | $483,750 | |
| Previous Owner | Boettcher Jeralene | $185,850 | |
| Previous Owner | Graphic Packaging International Inc | $0 | |
| Previous Owner | Boettcher Jeralene | $208,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2020 07/27/20 | Sold | $645,000 | -0.8% | $194 / Sq Ft |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $650,000 | 0.0% | $195 / Sq Ft |
| 05/06/2020 05/06/20 | Pending | -- | -- | -- |
| 04/29/2020 04/29/20 | For Sale | $650,000 | -- | $195 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,377 | $308,470 | $0 | $0 |
| 2022 | $5,244 | $299,490 | $0 | $0 |
| 2021 | $5,114 | $290,768 | $0 | $0 |
| 2020 | $4,446 | $262,350 | $0 | $0 |
| 2019 | $4,262 | $254,710 | $0 | $0 |
| 2018 | $4,219 | $247,300 | $0 | $0 |
| 2017 | $4,083 | $240,100 | $0 | $0 |
| 2016 | $3,906 | $233,110 | $0 | $0 |
| 2015 | $3,793 | $226,330 | $0 | $0 |
| 2014 | $3,664 | $219,740 | $0 | $0 |
Seller's Agent in 2020
Nathan Bernhardt
The Brokerage
(503) 349-3765
1 in this area
16 Total Sales
Buyer's Agent in 2020
Elisha Alcantara
Kinected Realty, LLC
(503) 477-2114
1 in this area
101 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 20457926
APN: R321735
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