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728 Quiet Valley Lane
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350 NE 61ST AVE

Portland, OR 97213

$1,370,000

Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Previously rented at $2100/mo. Leases are m2m, w excellent rental history. Many… Read MoreRead Less

Listing courtesy of Check Point Realty.

Listing Snapshot

Days Online

106

Last Updated

May 18, 2025

Lot Size

0.29 Acres

Year Built

1966

MLS Number

141775361

30 Days Snapshot Of 97213

$685k

+8%

(avg) sold price

+43%

homes sold

-48%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Built in 1966, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6

Expenses

Operating Expense Scheduled: 44225, Operating Expense: $44,225

Exterior Features

Exterior Description: LapSiding

Heating

Heating: ForcedAir

Income

Gross Income: $61,620, Gross Rent Multiplier: 22.23, Gross Scheduled Income: $86,820, Net Scheduled Income: 42595

Lot

Features: Commons, Level, Private, Size Acres: 0.29, Size Range: SqFt10000to14999, Size Square Feet: 12,632, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: ProfitLossStatement

Property

Number Of Units Total: 6, Zoning: RM2

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $14,664, Legal Description, Tax Year: 2024

Unit One

Area: 375, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $865, Area: 725, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $1,200, Area: 675, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Four

Actual Rent: $920, Area: 816, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Five

Actual Rent: $1,600, Area: 816, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Six

Area: 1456, Features: Deck, Fireplace, HardwoodFloors, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Gas, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on May 18, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on May 18, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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350 NE 61ST AVE

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