Well-maintained triplex in a prime location close to OHSU with expansive city views. The property consists of three units with solid rental demand and long-term tenancy history. The lower-level 2-bedroom unit has been fully remodeled, featuring new kitchen and bathroom cabinets, fixtures, appliances, and LVP flooring throughout. Currently left vacant—ideal for an owner-occupant or ready for mid or long-term rental use. The main-level unit offers large spaces and panoramic views from a wraparound deck. The third unit is an studio that adds consistent supplemental income. Strong location, updated condition, and flexible use make this a compelling investment or owner-user opportunity.
Constant Commercial Real Estate IncBrokerage Phone: 503-222-0282License #200312067
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$12,202
Year Built
Built in 1957
Lot Details
10,018 Sq Ft Lot
Secluded Lot
Corner Lot
Sloped Lot
Property Views
City
Mountain
Home Design
Cement Siding
Stucco Exterior
Interior Spaces
2,786 Sq Ft Home
2-Story Property
Storage
Finished Basement
Natural lighting in basement
Bedrooms and Bathrooms
3 Bedrooms
3 Bathrooms
Parking
Carport
Paved Parking
Schools
Ainsworth Elementary School
West Sylvan Middle School
Lincoln High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R247351
Community Details
Overview
No Home Owners Association
3 Units
Property managed by Mainlander Property Management
Building Details
Operating Expense $25,000
Gross Income $61,620
Net Operating Income $36,418
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$12,202
Year Built
Built in 1957
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1957
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: Daylight, Finished
Storage: IndividualStorageUnits
Total Bedrooms: 3
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: CementSiding,Stucco
Lot Size: 10,000 to 14,999 SqFt
View: Yes
Lot Features: CornerLot, Secluded, Sloped
Road Surface Type: Paved
Roof: Other
View: City,Mountain
Garage/Parking
Parking Description: Carport, Paved
Attached Garage: No
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: Baseboard, WallHeater
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Management Name: Mainlander Property Management
Association: No
Schools
Elementary School: Ainsworth
High School: Lincoln
Middle Or Junior School: West Sylvan
Lot Info
Zoning: R1
Lot Size Acres: 0.23
Lot Size Sq Ft: 10018.0
Parcel #: R247351
Green Features
Green Certification: No
Rental Info
Rent Includes: TrashCollection
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 12202.46
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Number Of Units Total: 3
Gross Rent Multiplier: 12.97
Annual Gross Income: 61620.0
Property Net Operating Income: 36418.0
Annual Operating Expense: 25000.0
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.
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
Calling all entrepreneurs, investors and creative thinkers? this is the spot for you. Zoned CM2 and positioned on a corner lot this three unit rental is ready for your vision. Currently used as a duplex with fully rented salon outbuilding with separate meters. The ground work has been done for more income revenue with a fully permitted space for a food cart, tiny home, or a commercial kitchen if
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
*** 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
This lovingly restored 1894 Victorian Queen Anne duplex, blends period charm with modern comfort and is the perfect potential owner occupier property. Featuring intricate millwork, stained glass, and inlaid wood floors, both units (each ~1,033 SF) offer 1 bed/1 bath, private laundries, off-street parking and quartz counter tops in the kitchens. A shared garden, deck, and patio enhance outdoor
Look no more as this the property is the one you have been looking for! Generate income from the fully permitted ADU and live in vibrant Johns Landing neighborhood! The home has been stunningly updated throughout including hardwood floors, floor to ceiling gas fireplace, tile, gourmet kitchen, spa like primary suite, HVAC, tankless water heater, central vac, 9 energy score & much more! The main
Well maintained four unit complex, with additional 5,000 sq ft lot, in the very popular Southeast Portland neighborhood of Brooklyn. Nestled amongst some of the most popular coffee shops, restaurants and down the street from Aladdin's Theater- one of Portland's most popular venues for live entertainment. Easy access to highways, perfect for a commuter and also accessible to public transit.
This rare Victorian-style duplex + bonus 3rd unit sits on a quiet cul-de-sac at the edge of Portland’s vibrant Pearl District, combining timeless character with modern functionality. Ideal for owner-occupants or investors, the property offers three distinct living spaces with flexible rental options in one of the city’s most walkable neighborhoods.The detached duplex features a main-level unit
Welcome to your next iconic investment in the heart of Portland’s highly sought-after Northwest District — a timeless, turn-of-the-century triplex that blends classic charm with modern potential. Set on a tree-lined street surrounded by lush greenery, this stately property offers the rare opportunity to own a piece of Portland history with solid rental income and even greater upside. The units
This home is located at 3020 SW 12th Ave Unit 3024, Portland, OR 97239 and is currently priced at $799,000, approximately $286 per square foot. This property was built in 1957. 3020 SW 12th Ave Unit 3024 is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln 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.
