$699,000

3224 SE Francis St Unit 3236 Portland, OR 97202

Creston-Kenilworth Neighborhood

Estimated payment $4,264/month

Total Views 1,426
3 Beds
2 Baths
2,794 Sq Ft
$250 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Green Certified Home
  • Grout Elementary School Rated 9+
  • Landscaped
  • Laundry Facilities

About This Home

Vintage and charming 1940 vintage "built-as" triplex with hardwood floors, front and back doors, basement storage and laundry. Lots of windows to bring in the light. Building contains one 2 bedroom unit (with bonus room in the basement and direct access to laundry area) and two 1 bedroom units. Close to downtown, parks, shopping, restaurants and bars. Please do not walk on property or disturb tenants in any way. Access to occupied units will be only after review of an acceptable offer from a qualified Buyer. See floor plan in photos for layout. [Home Energy Score = 1. HES Report at

Listing Agent

Chris Bonner

Neighbors Realty Brokerage Phone: 503-444-9338 License #900200005 Listed on: 09/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,869

Year Built

  • Built in 1940

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Green Certified Home

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R195661

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Creston Kenilworth Subdivision
  • Property managed by Performance Property Inc.

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $22,445
  • Gross Income $52,131
  • Net Operating Income $29,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,869

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1940
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement, PartiallyFinished
  • Storage: Basement
  • Total Bedrooms: 3
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Performance Property Inc.
  • Community Features: AllLandscaping, Laundry
  • Association: No

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.11
  • Lot Size: 50 X 100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R195661

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6869.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.41
  • Annual Gross Income: 52131.0
  • Property Net Operating Income: 29470.0
  • Annual Operating Expense: 22445.0

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
2024 $8,879 $249,280 -- --
2023 $8,538 $322,210 $0 $0
2022 $8,353 $312,830 $0 $0
2021 $8,212 $303,720 $0 $0
2020 $7,533 $294,880 $0 $0
2019 $7,257 $286,300 $0 $0
2018 $7,043 $277,970 $0 $0
2017 $6,751 $269,880 $0 $0
2016 $6,178 $262,020 $0 $0
2015 $6,016 $254,390 $0 $0
2014 $5,925 $246,990 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 For Sale $699,000 -- $250 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Nextitle
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $305,000 Transnation Title Agency Or
Warranty Deed $226,800 Oregon Title Insurance Co
Individual Deed $156,800 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,000 New Conventional
Closed $205,000 Purchase Money Mortgage
Previous Owner $204,100 Purchase Money Mortgage
Previous Owner $125,100 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 689751805

Regional Multiple Listing Service (RMLS)

APN: R195661