NOT LISTED FOR SALE

306 SE 29th Ave Unit 308 Portland, OR 97214

Kerns Neighborhood

Estimated Value: $739,000 - $875,000

4 Beds
2 Baths
2,081 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $771,310 $371 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,062/month

16 Days on Market

Highlights

  • Seasonal View
  • Forced Air Heating System
  • Wood Siding
  • Landscaped with Trees
  • Level Lot
  • 1-Story Property

About This Home

As of November 2023

KERNS - A True GEM!!! Calling All Investors!!! A Rare Opportunity To Purchase (2) Duplexes Side-By-Side, Sold As Individual Duplexes RMLS#: 23504061 & RMLS#: 23407479, Or, Combined As 4-Plex In RMLS#: 23624071 The Duplex Offers a Prime Kerns Location, Well Maintained, Large Units W/ Hardwoods, Fireplaces AND Attached Garages!!! Full Occupancy!!! Close to Whole Foods, Laurelhurst Park, The Goodfoot, Laurelhurst Theater, Community Gardens & More!!! Amenities Include Gleaming Hardwood Floors, Fireplaces, Refrigerator, Range, Dishwasher, Washer & Dryer Hook-Ups & More!!! Offers Subject To Interior Inspection! Please Do Not Disturb Tenants!!! Offer Deadline Extended To 5PM September 6th, 2023.

Last Agent to Sell the Property

Kimberly Sektnan

Performance Properties Inc License #200704214 Listed on: 08/26/2023

Last Buyer's Agent

Hope Beraka

Think Real Estate License #200603056

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,814

Year Built

  • Built in 1956

Lot Details

  • Level Lot
  • Landscaped with Trees

Property Views

  • Seasonal
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,081 Sq Ft Home
  • 1-Story Property

Schools

  • Sunnyside Env Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R126051

Community Details

Overview

  • 2 Units
  • Kerns Subdivision
  • Property managed by Performance Properties, Inc.

Building Details

  • Operating Expense $47,487
  • Gross Income $57,770
  • Net Operating Income $10,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,814

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1956
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: Seasonal,Territorial

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Performance Properties, Inc.
  • Management Phone: 503-635-0099

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env

Lot Info

  • Zoning: R5
  • Parcel #: R126051

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6813.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.24
  • Annual Gross Income: 57770.0
  • Property Net Operating Income: 10283.0
  • Annual Operating Expense: 47487.0

Similar Homes in Portland, OR

  • 432 NE Dekum St, Portland, OR 97211

    $890,000

    • 3 Beds
    • 3 Baths
    • 3,250 Sq Ft
    • 432 NE Dekum St
    • Portland, OR

    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

    Israel Hill John L. Scott Portland Central

    Section Image
  • 2953 NE Glisan St, Portland, OR 97232

    $750,000

    • 3 Beds
    • 3 Baths
    • 2953 NE Glisan St
    • Portland, OR

    Fabulous location. Zoned CM2. Great opportunity. Would make a great owner occupied property. Occupy a unit and use another for a business and still have another rental? just some ideas. New roof, newer windows. Why Portland's Kerns is the coolest neighborhood in America right nowTime Out's on-the-ground experts named this supremely charming and walkable neighborhood the country's best.

    Martha Peterson Oregon First

    Section Image
  • 2536 NE Hoyt St Unit 2540, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2536 NE Hoyt St
    • Unit 2540
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2544 NE Hoyt St Unit 2548, Portland, OR 97232

    $700,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 2544 NE Hoyt St
    • Unit 2548
    • Portland, OR

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2036-2038 SE Morrison St, Portland, OR 97214

    $789,000

    • 5 Beds
    • 2 Baths
    • 2,315 Sq Ft
    • 2036-2038 SE Morrison St
    • Portland, OR

    Charming, updated duplex in SE Portland’s Buckman neighborhood offering rare flexibility and strong income potential. Live in one unit and rent the other, or lease both units for a steady cash-flowing investment. This 5BD/2BA home features a 3BD/1BA main-level unit and a 2BD/1BA daylight basement ADU, each with separate entrances, kitchens, laundry, and electric meters. Perfect for house hacking,

    Jacob Serrill Kelly Right Real Estate of Portland, LLC

    Section Image
  • 1904 SE Alder St, Portland, OR 97214

    $625,000

    • 4 Beds
    • 2 Baths
    • 3,448 Sq Ft
    • 1904 SE Alder St
    • Portland, OR

    Rare Buchman Duplex on Corner Lot! A great investment opportunity situated in the heart of the vibrant Buchman community, just blocks from Colonel Summers Park and the best of Belmont, Morrison & Hawthorne. Built in 1909 with the classic architecture of its time, this elegant beauty is ready to immediately host new tenants or renovate to enhance the numbers. Included are 2 units, each with 2

    Peter Dillenburger Cascade Hasson Sotheby's International Realty

    Section Image
  • 1804 SE Madison St Unit 1806, Portland, OR 97214

    $850,000

    • 4 Beds
    • 2 Baths
    • 3,906 Sq Ft
    • 1804 SE Madison St
    • Unit 1806
    • Portland, OR

    One of a kind duplex built in 1904 on a beautiful tree lined street in the Buckman neighborhood. The seller has been upgrading and repairing this property for the past 16 years including a new roof in 2024. The main level features hardwood floors, built-ins & beautiful vintage woodwork. The upstairs unit is huge with 3 bedrooms and a finished attic with all kinds of flex space. There is a full

    Brian Porter Opt

    Section Image
  • 2521 2523 SE 27th Ave, Portland, OR 97202

    $840,000

    • 4 Beds
    • 2 Baths
    • 2,844 Sq Ft
    • 2521 2523 SE 27th Ave
    • Portland, OR

    The wait is over! Exceptional, well-maintained Craftsman duplex in one of Portland’s most sought-after neighborhoods. Ideally located just steps from Little T Baker, Clinton Street Theater, and Piccolo Park.Each spacious unit offers 2 bedrooms and 1 bathroom, generous kitchen/dining areas, charming entryways, and private porches. South-facing orientation floods the interiors with natural light.

    Hope Beraka Think Real Estate

    Section Image
  • 1817 SE 12th Ave, Portland, OR 97214

    $724,900

    • 4 Beds
    • 2 Baths
    • 3,827 Sq Ft
    • 1817 SE 12th Ave
    • Portland, OR

    The Gustave Bartman House has significant history in Portland, Oregon. Constructed in 1892, this Queen Anne Vernacular is perfectly positioned just three blocks from vibrant Hawthorne Boulevard. Located on the edge of Ladd’s Addition, the restoration has begun and has been respectfully initiated and blossoms with original charm. Upon entering the private vestibule and climbing the open staircase,

    Michael Beirwagen Berkshire Hathaway HomeServices NW Real Estate

    Section Image
See All Homes in Portland

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

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $771,310 +0.8% $371 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $764,900 -- $368 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $6,964 $262,820 $0 $0
2022 $6,814 $255,170 $0 $0
2021 $6,698 $247,740 $0 $0
2020 $6,145 $240,530 $0 $0
2019 $5,919 $233,530 $0 $0
2018 $5,745 $226,730 $0 $0
2017 $5,506 $220,130 $0 $0
2016 $5,039 $213,720 $0 $0
2015 $4,907 $207,500 $0 $0
2014 $4,833 $201,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kimberly Sektnan

    Performance Properties Inc

    (971) 384-7217

    2 in this area

    33 Total Sales

    Kimberly Sektnan
    Section Image
  • Hope Beraka

    Buyer's Agent in 2023

    Hope Beraka

    Think Real Estate

    (503) 679-9243

    4 in this area

    185 Total Sales

    Hope Beraka
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23407479

Regional Multiple Listing Service (RMLS)

APN: R126051

Oregon Multnomah County Portland 97214 Kerns

306 SE 29th Ave Unit 308, Portland, OR

This home is located at 306 SE 29th Ave Unit 308, Portland, OR 97214 since 26 August 2023 and is currently estimated at $804,405, approximately $386 per square foot. This property was built in 1956. 306 SE 29th Ave Unit 308 is a home located in Multnomah County with nearby schools including Sunnyside Environmental School, Franklin High School, and Le Monde French Immersion Public Charter 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes