Single level triplex with prime location in FOPO. Off street parking and common laundry available. Below market rents present upside income potential.
Last Agent to Sell the Property
Corcoran Prime Brokerage Phone: 503-321-2000 License #200107170 Listed on: 12/12/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Schools
Utilities
Listing and Financial Details
Overview
Amenities
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
$525,000
Supreme location and highly desired zoning. Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income. The mix of commercial uses, includes
Brenda Brunner MORE Realty
$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
$625,000
CASH FLOWING; Triple the Opportunity! Live in One, Rent the Rest, Build Your Wealth. Cash-Flowing Triplex – Prime Location, Fully Occupied. Great opportunity for investors or owner-occupants! This well-maintained triplex offers three 2 bed / 1 bath units, all updated in 2021 with new laminate flooring and kitchen upgrades. The front lower unit features refinished hardwood floors, a decorative
Risa Davis eXp Realty, LLC
$510,000
Prime Investment Opportunity: One-Level Duplex Near Key Amenities. This well-maintained, one-level duplex offers great potential for investors or owner-occupiers looking for a comfortable living space in a prime location. Each unit features: New LVP Flooring for durability and modern style. Kitchen includes refrigerator, built-in dishwasher, and range. Washer & Dryer Hookups for convenience.
Van Do Premiere Property Group, LLC
$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
$490,000
Duplex in the Woodstock neighborhood. Get ready to begin or continue your investment journey with a fantastic property. This one-level duplex includes a covered parking space, two bedrooms, one full bathroom, an additional half bath in the primary bedroom, and a spacious laundry room in each unit (the photos depict the updated unit). Each unit offers 864 square feet, while the entire duplex spans
Angie Bissett Cascade Hasson Sotheby's International Realty
$625,000
Welcome to this charming multi-family home in one of SE Portland's most desirable & walkable neighborhoods! In addition to the main home & fully permitted ADU apartment, there are two shops, & a tiny house space w/water & electricity. This property generates $4975 per month in income, w/multiple rental sources on one lot. Option to live in one space & rent the others, enjoy multi-generational or
Kaira West Stellar Realty Northwest
$550,000
Nice and clean triplex ready to buy and add to your real estate portfolio. Easy access to freeway and public transportation and consistent tenants in place makes this a smart investment. Nice updates in these units with newer kitchens, granite counters, new floors, newer paint and window coverings. Rents are currently below market which offers some room for future upside.
Chris Suarez Keller Williams Sunset Corridor
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | Wfg Title | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Warranty Deed | $192,000 | First American | |
| Warranty Deed | $167,000 | First American Title Ins Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $405,000 | New Conventional | |
| Previous Owner | $50,000 | Seller Take Back | |
| Previous Owner | $133,600 | No Value Available | |
| Closed | $16,700 | No Value Available |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $510,000 | -7.1% | $241 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $549,000 | 0.0% | $260 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | For Sale | $549,000 | -- | $260 / 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 | $7,018 | $254,660 | $0 | $0 |
| 2022 | $6,602 | $247,250 | $0 | $0 |
| 2021 | $6,490 | $240,050 | $0 | $0 |
| 2020 | $5,954 | $233,060 | $0 | $0 |
| 2019 | $5,735 | $226,280 | $0 | $0 |
| 2018 | $5,567 | $219,690 | $0 | $0 |
| 2017 | $5,335 | $213,300 | $0 | $0 |
| 2016 | $4,883 | $207,090 | $0 | $0 |
| 2015 | $4,755 | $201,060 | $0 | $0 |
| 2014 | $4,579 | $195,210 | $0 | $0 |
Seller's Agent in 2025
Matt Lesher
Corcoran Prime
(503) 703-6979
1 in this area
73 Total Sales
Seller Co-Listing Agent in 2025
Mike Rushing
Corcoran Prime
(503) 887-7526
1 in this area
75 Total Sales
Buyer's Agent in 2025
Amelia Dixon
John L. Scott Portland Central
(541) 200-8489
1 in this area
61 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24306169
APN: R232093
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