$699,900
$35K PRICE DROP

4314 SE 72nd Ave Unit 4318 Portland, OR 97206

Foster-Powell Neighborhood

Estimated payment $4,148/month

Total Views 14,529
5 Beds
4 Baths
3,399 Sq Ft
$206 Price per Sq Ft

Highlights

  • Zoned Heating
  • Green Certified Home
  • Level Lot
  • Baseboard Heating

About This Home

This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just 4 years ago. Each unit features a spacious kitchen with generous pantry storage and plenty of natural light throughout. The lower unit has been recently upgraded with a brand-new second bathroom, new flooring, and a washer and dryer hookup—perfect for comfortable daily living. The main unit received new flooring and beautiful quartz countertops just 4 years ago. The upper unit has been refreshed with new carpet, fresh paint, and an updated bathroom, creating a bright and welcoming interior. A completely new roof was installed 4 years ago. Additional highlights include updated LVP flooring and carpet throughout, and a charming veranda on the main level—ideal for relaxing or entertaining. With easy access to Hwy 26 and I-205, and close proximity to public transportation, parks, and local amenities, this triplex offers a flexible layout, solid updates, and a prime location in one of Portland's most vibrant neighborhoods. Don't miss this excellent investment opportunity! [Home Energy Score = 1. HES Report at

Listing Agent

William Grzebyk

Redfin License #201214217 Listed on: 04/14/2025

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,427

Year Built

  • Built in 1913

Home Design

  • 3,399 Sq Ft Home
  • Composition Roof
  • Plywood Siding Panel T1-11

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Marysville Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Green Certified Home
  • Level Lot

Community Details

  • 3 Units
  • Foster Powell Subdivision

Listing and Financial Details

  • Assessor Parcel Number R218118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,427

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1913
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: R5
  • Parcel #: R218118

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5426.92

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3

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 $4,079 $152,440 -- --
2023 $4,079 $204,800 $0 $0
2022 $5,309 $198,840 $0 $0
2021 $5,220 $193,050 $0 $0
2020 $4,788 $187,429 $0 $0
2019 $4,380 $172,790 $0 $0
2018 $4,251 $167,760 $0 $0
2017 $4,074 $162,880 $0 $0
2016 $3,729 $158,140 $0 $0
2015 $3,631 $153,540 $0 $0
2014 $3,576 $149,070 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $699,900 -4.8% $206 / Sq Ft
04/14/2025 04/14/25 For Sale $735,000 +58.4% $216 / Sq Ft
09/20/2019 09/20/19 Sold $464,000 -14.1% $140 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $539,900 -- $163 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $464,000 Lawyers
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Nextitle
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed -- Ticor Title Insurance Compan
Interfamily Deed Transfer -- Ticor Title Insurance Compan
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,500 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $170,000 Purchase Money Mortgage
Previous Owner $360,000 FHA
Previous Owner $360,000 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 773199898

Regional Multiple Listing Service (RMLS)

APN: R218118