Estimated Value: $984,000 - $1,110,000
A nice up-graded Four-plex in a very desirable area of SE Portland near Schools, Shops, Parks, Bus and easy access to Downtown, with new Decks, New carpet & interior paint & Vinyl floor. Motivated seller, owner may carry a contract for qualified purchasers.
Last Agent to Sell the Property
Pete Anderson Realty Group License #860600279 Listed on: 08/17/2012
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Utilities
Community Details
$779,900
Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!
Israel Hill John L. Scott Portland Central
$1,095,000
LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves
Merilee Lloyd Mal & Seitz
$825,000
Triplex with 6.18% Cap Rate. Current loan on the property is assumable at well below market rate. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property
J.P. Praisler MORE Realty
$950,000
So many possibilities with this property. Currently has 1431sq ft office/retail space at street level located in first building along with 2 rented apartment units above. Property also offers roughly 1000 sq ft of basement space. 2nd building has 2 rented apartment units with a small basement. Property is a fixer and being sold as-is. Development opportunity with this property as well, tear down
Connie Brockway Elite Realty & Associates LLC
$1,068,900
CASH FLOWING INVESTMENT. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One!Calling all investors! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838 (based on 20% down, 7% interest, 30-year fixed).That’s positive cash flow from day one, with room
Risa Davis eXp Realty, LLC
$995,000
Open House Saturday 2pm - 4pm. Duplex and house. Assumable 3.1% loan. CAP rate of 5.80. City of Portland approved building plans for a total of 7 units, currently there are 3 units. See attached plans. incredible growth potential for investors. One duplex plus one house on same tax lot. Buyer to conduct their own due diligence. Discover this beautifully maintained investment property featuring
Susan Golden RE/MAX Equity Group
$1,190,000
Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan’s Gulch and Grant Park, this versatile 5-plex offers an exceptional opportunity for investors or owner-occupants. The property features a mix of 1-, 2-, and 3-bedroom units, 4 units currently rented under market value—providing significant upside potential. Each
Wendy Zhu Crestview Realty, LLC
$949,999
Wow 3 detached homes on a 9487 sq ft lot (same tax lot)! Check out what this property has to offer. Newer roof on 3 Homes. Two of the homes are 3 bedrooms, 1.5 bathroom offering spacious family room with open concept kitchen. One home (8413) is a three level home with 2 bedrooms, a full bathroom, and a finished basement with 2 bonus rooms. Secured parking space. Convenient location with public
Jin Zhao Kelly Right Real Estate of Portland, LLC
$829,000
Great opportunity to own a close-in triplex with long-term rental history. Three townhome style units, each with its own front porch and back patio, fireplace, and storage. Residents share an on-site laundry room, and the large backyard. Newer roof, ample off-street parking (9 spaces total), and on a bus line. All units are occupied - interior photos were taken before listing, in between rental
Erin Livengood Where Real Estate Collaborative
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Okane James J | $515,000 | Lawyers Title | |
| Khorasanchi Ahmad | $465,000 | None Available | |
| Hanson Neal R | -- | -- | |
| Hanson Louise E | $325,000 | First American Title Ins Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Okane James J | $497,811 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2013 03/25/13 | Sold | $515,000 | -8.8% | $110 / Sq Ft |
| 02/08/2013 02/08/13 | Pending | -- | -- | -- |
| 08/17/2012 08/17/12 | For Sale | $565,000 | +21.5% | $121 / Sq Ft |
| 04/27/2012 04/27/12 | Sold | $465,000 | -6.8% | $99 / Sq Ft |
| 03/23/2012 03/23/12 | Pending | -- | -- | -- |
| 01/13/2012 01/13/12 | For Sale | $499,000 | -- | $107 / 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 | $14,946 | $564,020 | $0 | $0 |
| 2022 | $14,622 | $547,600 | $0 | $0 |
| 2021 | $14,375 | $531,660 | $0 | $0 |
| 2020 | $13,187 | $516,180 | $0 | $0 |
| 2019 | $12,702 | $501,150 | $0 | $0 |
| 2018 | $12,329 | $486,560 | $0 | $0 |
| 2017 | $11,816 | $472,390 | $0 | $0 |
| 2016 | $10,814 | $458,640 | $0 | $0 |
| 2015 | $10,530 | $445,290 | $0 | $0 |
| 2014 | -- | $432,330 | $0 | $0 |
A
Seller's Agent in 2013
Ahmad Shaghafi
Pete Anderson Realty Group
(503) 320-9462
11 Total Sales
Buyer's Agent in 2013
Hope Beraka
Think Real Estate
(503) 679-9243
5 in this area
186 Total Sales
Seller's Agent in 2012
Matt Lesher
Corcoran Prime
(503) 703-6979
72 Total Sales
Seller Co-Listing Agent in 2012
Becky Jackson
Corcoran Prime
(503) 680-1440
51 Total Sales
M
Buyer's Agent in 2012
Michael Henrickson
Realty First
(503) 860-8640
7 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 12373567
APN: R143510
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