$625,000
$25K PRICE DROP

3133 N Russet St Unit 3137 Portland, OR 97217

Kenton Neighborhood

Estimated payment $3,969/month

Total Views 4,050
5 Beds
3 Baths
2,250 Sq Ft
$278 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Landscaped with Trees
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

Great investment opp in N Portland Kenton neighborhood. Triplex 100% occupancy and proffesional property management in place. Landlord expenses are trash/recycling, tenant covers all utilities including water/ sewer. One unit is in need of cosmetic upgrades, value add opportunity. Please write all offers subject to interior inspection. 48 hour minimum to notify tenants please.

Listing Agent

Chris Guinn III

Dwell Realty Brokerage Phone: 503-703-4462 License #971000246 Listed on: 04/01/2025

Co-Listing Agent

Darray Frazier

Dwell Realty Brokerage Phone: 503-703-4462 License #201236191

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x97.5
  • Level Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R242461

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Kenton Subdivision
  • Property managed by Dwell PM

Building Details

  • Operating Expense $12,965
  • Gross Income $51,820
  • Net Operating Income $38,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,724

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1920
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 5
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Water Body Name: n/a
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Dwell PM
  • Management Phone: 503-703-4462
  • Association: No

Schools

  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.17
  • Lot Size: 75x97.5
  • Lot Size Sq Ft: 7405.0
  • Parcel #: R242461

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5723.8
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.06
  • Annual Gross Income: 51820.0
  • Property Net Operating Income: 38855.0
  • Annual Operating Expense: 12965.0

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 $5,724 $207,700 $0 $0
2022 $5,385 $201,660 $0 $0
2021 $5,294 $195,790 $0 $0
2020 $4,856 $190,090 $0 $0
2019 $4,678 $184,560 $0 $0
2018 $4,540 $179,190 $0 $0
2017 $4,352 $173,980 $0 $0
2016 $3,983 $168,920 $0 $0
2015 $3,878 $164,000 $0 $0
2014 $3,820 $159,230 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $625,000 -3.8% $278 / Sq Ft
04/01/2025 04/01/25 For Sale $650,000 -- $289 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $179,000 First American
Warranty Deed -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 New Conventional
Closed $127,794 Credit Line Revolving
Closed $177,000 Unknown
Closed $170,050 Purchase Money Mortgage
Source: Public Records

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See All Homes in Portland

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 176963565

Regional Multiple Listing Service (RMLS)

APN: R242461

Oregon Multnomah County Portland 97217 Kenton

3133 N Russet St Unit 3137, Portland, OR

This home is located at 3133 N Russet St Unit 3137, Portland, OR 97217 and is currently priced at $625,000, approximately $277 per square foot. This property was built in 1920. 3133 N Russet St Unit 3137 is a home located in Multnomah County with nearby schools including Peninsula Elementary School, Ockley Green, and Jefferson High School.

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Nearby Homes
Chris Guinn III
Listing Agent
Chris Guinn III
Section Image
Dwell Realty
(503) 917-3432