INVESTOR ALERT! Welcome to this well-maintained triplex, ideal for investors or owner-occupants alike! This versatile property located near University of Portland features three distinct units, each offering unique advantages. Unit 1: Situated on the main level, this unit boasts 2 bedrooms, 1 bath, an extra room for an office, dining room, and kitchen and bathroom (professionally updated 2018). Enjoy modern amenities with timeless charm and a spacious layout ideal for comfortable living. Unit 2: Located on the upper level, this unit features 2 bedrooms with non-conforming 3rd or possible office and 1 bath, plus large kitchen, dining room and living room. Experience elevated living with ample space on two private balconies and outdoor access. Unit 3: A cozy studio in the basement, this unit was professionally added in 2018. Perfect for minimalistic living with its efficient layout, this unit offers a compact yet comfortable living space with kitchenette, bedroom/living space, walk-in closet and full bathroom with walk-in shower. All units are currently vacant, offering the potential to rent at current market rates immediately. The property also provides the flexibility for owner-occupancy, allowing you to choose the unit that best suits your needs while renting out the others. Inquire with your lender about 5% down financing options for owner-occupancy. Additional features include a shared laundry space in the basement, extra storage, and a communal backyard space. A perfect retreat for all tenants to enjoy. Parking is convenient with 3 parking spaces (2 covered) and additional street parking available. Don't miss out on this fantastic investment opportunity. Schedule a showing today and explore the possibilities!