DO NOT DISTURB TENANTS. Make offer subject to interior inspection. Great opportunity to own THREE DETACHED HOUSES on ONE LOT! Two homes with 1706 sq. ft. EACH, built in 2005, with 4 bedrooms and 2.5 baths EACH. Major upgrades to one of the units in 2024 and interior pictures are "after" pictures of home. Third home, in front, built in 1955 with 3 bedrooms, 1 bath. All units currently occupied; strong rental history. (financials listed are based on 2024). Buyer to verify square footage.
eXp Realty, LLCBrokerage Phone: 503-349-3377License #201231838Listed on: 05/21/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$13,433
Year Built
Built in 2005
Lot Details
0.34 Acre Lot
Level Lot
Parking
2 Car Garage
Driveway
Home Design
Composition Roof
Wood Siding
Concrete Perimeter Foundation
Wood Composite
Interior Spaces
4,486 Sq Ft Home
2-Story Property
Crawl Space
Washer and Dryer Hookup
Bedrooms and Bathrooms
11 Bedrooms
7 Bathrooms
Schools
Menlo Park Elementary School
Floyd Light Middle School
David Douglas High School
Utilities
No Cooling
Forced Air Heating System
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R159613
Community Details
Overview
3 Units
Hazelwood Subdivision
Building Details
Operating Expense $25,398
Gross Income $67,736
Net Operating Income $55,770
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$13,433
Year Built
Built in 2005
Lot Details
0
Parking
2
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 2005
Property Condition: Approximately
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Total Bedrooms: 11
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: WoodComposite,WoodSiding
Lot Size: 10,000 to 14,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: Level
Road Surface Type: Paved
Roof: Composition
Garage/Parking
Parking Description: Driveway, Garage
Attached Garage: No
Garage Spaces: 2.0
Total Parking Spaces: 5.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: ForcedAir
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Menlo Park
High School: David Douglas
Middle Or Junior School: Floyd Light
Lot Info
Zoning: RM1
Lot Size Acres: 0.34
Lot Size Sq Ft: 14810.0
Parcel #: R159613
Green Features
Green Certification: No
Rental Info
Rent Includes: TrashCollection
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 13432.94
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Number Of Units Total: 3
Gross Rent Multiplier: 17.72
Annual Gross Income: 67736.0
Property Net Operating Income: 55770.0
Annual Operating Expense: 25398.0
Map
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
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!
BIG PRICE CUT!! Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Rental increases set for 11/01. Many recent capital improvements including
Located in Portland’s desirable Mt. Tabor neighborhood, this solid mid-century fourplex offers charm, income, and flexibility. Built in 1954, the brick property includes three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit — ideal for an owner-occupant or savvy investor. All units feature original hardwood floors, private basements, and well-maintained interiors. Some kitchens
This five-unit beauty has legs! Terrific Foster/Powell location ideal for renters. Four two-story units and one single level unit. Townhouse style two-story units have been professionally remodeled. Kitchens feature granite counter tops, new cabinets and new appliances. Living room floors are either engineered wood or oak. New carpet on the upper levels. Bathrooms with subway tile and new
Mediterranean Revival Gem! Step into this beautifully restored 5-unit building exuding timeless charm. This rare offering masterfully blends historic character with modern enhancements. Nestled in a desirable Irvington location, this architectural treasure features five distinct residences, each designed to reflect the building’s original elegance while meeting today’s standards of comfort and
This is a rare opportunity to own a four-plex in the Rock Creek/Westview High School area. This property has a single one level unit with three bedrooms and two full bath rooms. There are also three two level town house style units with a half bath on the main level and full bathroom on the second level. Each of the four units have a garage, parking space, fireplace and a fenced back yard with a
This home is located at 301 SE 129th Ave, Portland, OR 97233 and is currently priced at $1,200,000, approximately $267 per square foot. This property was built in 2005. 301 SE 129th Ave is a home located in Multnomah County with nearby schools including Menlo Park Elementary School, Floyd Light Middle School, and David Douglas High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.