$1,068,900
$30K PRICE DROP

Estimated payment $7,222/month

Total Views 10,431
11 Beds
10 Baths
5,302 Sq Ft
$202 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Living Room
  • Traditional Architecture
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

Live Here, Earn Here! ???? Own a Home That Pays You Back! CASH FLOWING INVESTMENT. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One! Calling all investors/house hackers! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Positive cash flow from day one, with room for increased returns over time! Whether you're looking to expand your portfolio or house-hack by living in one and renting the others, this property checks all the boxes. Prime location with strong rental demand. 4 total units: 3 in the triplex + 1 detached home. Consistent rental history with upside potential. Minimal immediate maintenance needed — turnkey ready. Don't miss out on this high-yield investment — opportunities like this are rare! Listing agent is an Oregon Licensed realtor and the Trustee to the property.

Listing Agent

Risa Davis

eXp Realty, LLC Brokerage Phone: 503-358-4311 License #200308111 Listed on: 04/02/2025

eXp Realty, LLC

Co-Listing Agent

Lillie Barr

eXp Realty, LLC Brokerage Phone: 503-358-4311 License #201252433

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,630

Year Built

  • Built in 1996

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,302 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms

Schools

  • Clark Elementary School
  • Harrison Park Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Montavilla Subdivision

Listing and Financial Details

  • Assessor Parcel Number R106037

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,630

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 7.3
  • Basement: Unfinished
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 11
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 6
  • BathroomsPartialMainLevel: 3
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.3
  • BathroomsTotalUpperLevel: 6.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Clark
  • High School: Leodis McDaniel
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: R-1
  • Land Lease: No
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810.0
  • Parcel #: R106037

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 8080

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 15629.72

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $15,029 $567,160 $0 $0
2022 $14,704 $550,650 $0 $0
2021 $14,455 $534,620 $0 $0
2020 $13,260 $519,050 $0 $0
2019 $12,773 $503,940 $0 $0
2018 $12,397 $489,270 $0 $0
2017 $11,882 $475,020 $0 $0
2016 $10,874 $461,190 $0 $0
2015 $10,511 $447,760 $0 $0
2014 $10,159 $434,720 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $1,068,900 -2.7% --
04/02/2025 04/02/25 Price Changed $1,099,000 -11.3% --
03/26/2025 03/26/25 Price Changed $1,239,000 -4.3% --
11/17/2024 11/17/24 For Sale $1,295,000 +22.6% --
12/15/2021 12/15/21 Sold $1,056,000 0.0% $197 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $1,056,000 +38.9% $197 / Sq Ft
08/18/2017 08/18/17 Sold $760,000 -2.5% $142 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $779,500 -- $145 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Warranty Deed $1,056,000 First American Title
Bargain Sale Deed -- None Available
Warranty Deed $760,000 Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- Lawyers Title Of Oregon Llc
Warranty Deed $357,000 First American Title Ins Co
Personal Reps Deed $100,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $787,500 Purchase Money Mortgage
Previous Owner $90,000 Unknown
Previous Owner $570,000 New Conventional
Previous Owner $334,000 New Conventional
Previous Owner $124,184 Credit Line Revolving
Previous Owner $285,600 Purchase Money Mortgage
Source: Public Records

Similar Home in Portland, OR

  • 2227 SE 174th Ave, Portland, OR 97233

    $769,000

    • 9 Beds
    • 4.5 Baths
    • 2,998 Sq Ft
    • 2227 SE 174th Ave
    • Portland, OR

    Welcome to your next opportunity! This expansive and versatile property features 9 generously sized bedrooms and 4.1 bathrooms, making it ideal for large or extended families or multi-generational living.

    Korrie Hicks KOR Realty

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 716767725

Regional Multiple Listing Service (RMLS)

APN: R106037