Estimated Value: $474,463 - $525,000
Opportunity to purchase cash flowing triplex in desirable Raleigh Hills neighborhood. All three units have had updates completed throughout. Three identical units comprising of two bedrooms one bath upstairs, living room, kitchen and back deck on lower level. One unit just became vacant and could make for a great owner occupant investment. Each unit gets two parking spots. All tenants are current.
Last Agent to Sell the Property
Bridge Creek Realty License #201220465 Listed on: 02/04/2022
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Outdoor Features
Schools
Utilities
Listing and Financial Details
Overview
Building Details
$600,000
*** 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
Jason Kennedy RE/MAX Equity Group
$620,000
Ranch Style house with an apartment downstairs with separate entrance. 2 bedroom, 1 bath upstairs with Wood Burning Fireplace, Wood Floors! Downstairs 3 Bedrooms, 1 Bath and Kitchen. LARGE YARD- Fully Fenced. Off Street Parking and parking in driveway. Garage was converted to BONUS room and not in Sq Footage. Currently upstairs is rented and downstairs 2 or 3 bedrooms rented. Buyers can do owner
Kimberly Russell Knipe Realty ERA Powered
$519,500
PRICE REDUCED! Side-by-side duplex in great shape behind Markham Elementary school and 1 block to Holly Farm park. Each unit features 2 bedrooms with dual closets, one bathroom, open living room/dining room and kitchen that leads to a sliding door with a paved, private patio. New hardiplank siding, newer windows and newer exterior paint in March 2020. Both units have long term month-month
Amber Clark The Group Real Estate Services
$564,900
Incredible opportunity to owner-occupy a duplex in beautiful Sellwood! This well-maintained duplex at 2422 SE Nehalem St offers two spacious units, each featuring 2 bedrooms and 1 bathroom within 850 square feet of living space. Each unit has an outdoor patio for entertaining or extra storage! The 5,000 sqft corner lot gives you lots of room for parking and a shared driveway in case you need
Ruben Isai MORE Realty
$595,000
Fantastic duplex in neighborhood of Single-Family-Residences across from Fowler Middle School. Newer roof (5 yrs old). New Heat-pump/AC installed in 2024. Newer vinyl windows. Large newly fenced rear yards gives plenty of privacy! 12232 has long term (20 year!) tenant. 12230 recently vacated rent is projected market rate. Ideal for Owner Occupied, or reset the rent to current (higher) market
Amber Clark The Group Real Estate Services
$585,000
Don't miss this centrally located duplex! With generously sized units this is a turn-key house hacking opportunity or potential value-add investment. Live on one level while you rent out the other and enjoy generating income from your home. On the main level you will find two bedrooms, one bath and large living and dining areas. Upstairs, there are three beds and one bath with an open kitchen and
Haley Clifford Redfin
$599,000
Amazing, quiet location but mere steps to hot spots in lower NE Portland! DUPLEX is in Excellent condition with perfect tenants! All plumbing was replaced with PEX supply lines in 2022. 35-year Roof was installed in 2023. Cadet wall heaters were replaced in 2024 with new units that include digital thermostats. New washer & dryer in Unit A (2023) and Unit B (2024). Separate sub-water meter
Theresa deSousa + Brian Spear Opt
$524,950
SOLID SIDE-BY-SIDE DUPLEX UNITS. LONG TERM TENANTS HAVE EXCELLENT RENTAL HISTORY. BOTH UNITS HAVE MONTH TO MONTH TENANTS - SO IDEAL FOR AN OWNER OCCUPANT BUYER. PROPERTY HAS BASEMENT STORAGE FOR BOTH UNITS AND ASSIGNED OFF-STREET PARKING. TERRACED SIDE YARD PROVIDES A PLEASANT SET-BACK FOR GARDENING. CAN ALSO BE PURCHASED AS PART OF A BUNDLE WITH A COMBINED PURCHASE OF NEIGHBORING UNITS - SEE
Amber Clark The Group Real Estate Services
$550,000
Discover a fantastic investment or owner-occupant opportunity in this 1967 side-by-side duplex perfectly situated in SE Portland’s highly desirable Richmond neighborhood. Perched on a quiet hill, the property offers a sense of privacy, along with dedicated driveways for both units—an uncommon and valuable feature in the area. Each unit features two bedrooms and one bathroom, providing comfortable
Jennifer O'Brien Living Room Realty
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tigers Eye Properties Llc | -- | Lawyers Title | |
| Chuang Patrick Ching Hsiang | $475,000 | -- | |
| Peterson Alex | $351,500 | Ticor Title Company | |
| Nozoe Malcolm J | $317,500 | First American | |
| Rask Trevor | $207,463 | Multiple | |
| Brunell Ronald D | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peterson Alex | $380,000 | |
| Previous Owner | Peterson Alex | $279,750 | |
| Previous Owner | Nozoe Malcolm J | $123,222 | |
| Previous Owner | Nozoe Malcolm J | $135,000 | |
| Previous Owner | Rask Trevor | $166,100 | |
| Previous Owner | Brunell Ronald D | $163,500 | |
| Closed | Rask Trevor | $41,550 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $475,000 | -11.2% | $190 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | Price Changed | $535,000 | 0.0% | $214 / Sq Ft |
| 06/24/2022 06/24/22 | For Sale | $535,000 | -14.4% | $214 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $625,000 | 0.0% | $250 / Sq Ft |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $625,000 | 0.0% | $250 / Sq Ft |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- |
| 02/03/2022 02/03/22 | For Sale | $625,000 | +77.8% | $250 / Sq Ft |
| 12/14/2015 12/14/15 | Sold | $351,500 | -2.1% | $141 / Sq Ft |
| 10/09/2015 10/09/15 | Pending | -- | -- | -- |
| 10/02/2015 10/02/15 | For Sale | $359,000 | -- | $144 / Sq Ft |
| 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 | $8,608 | $325,160 | $0 | $0 |
| 2022 | $8,422 | $315,690 | $0 | $0 |
| 2021 | $8,279 | $306,500 | $0 | $0 |
| 2020 | $7,595 | $297,580 | $0 | $0 |
| 2019 | $7,316 | $288,920 | $0 | $0 |
| 2018 | $7,101 | $280,510 | $0 | $0 |
| 2017 | $6,805 | $272,340 | $0 | $0 |
| 2016 | $6,228 | $264,410 | $0 | $0 |
| 2015 | $5,779 | $256,710 | $0 | $0 |
| 2014 | $5,467 | $249,240 | $0 | $0 |
Seller's Agent in 2022
Ian Crist
Bridge Creek Realty
(503) 508-0131
1 in this area
100 Total Sales
Buyer's Agent in 2022
Michelle McCabe
Windermere Realty Trust
(503) 284-7755
5 in this area
261 Total Sales
Seller's Agent in 2015
Ben Ficker
Keller Williams Sunset Corridor
(971) 235-9561
58 Total Sales
Seller Co-Listing Agent in 2015
Jason Waxberg
Equity Pacific Real Estate LLC
(208) 989-7607
9 Total Sales
Buyer's Agent in 2015
Seann Bates
The Alpine Group, Inc.
(503) 475-3017
25 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22408048
APN: R160440
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