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1542 SE MALDEN ST

Portland, OR 97202
Square Ft.
2,054
Active
Multifamily
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$759,000
Now is your opportunity to own an income producing triplex in the heart of Sellwood. Occupant of 18 years just moved out, giving you the chance to update to your liking and find your own renters. The main floor 2-bedroom features high ceilings and vintage details with a fantastic floorplan,… Read MoreRead Less
Listing courtesy of Soldera Properties, Inc.
Listing Snapshot
Days Online
82
Last Updated
Square Ft.
2,054
Lot Size
0.16 Acres
Year Built
1903
MLS Number
24229575
30 Days Snapshot Of 97202
$
-5%
(avg) sold price
30
-18%
homes sold
50
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 2054, Built in 1903, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: AllLandscaping
Expenses
Operating Expense: $17,868
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter, Other
Heating
Heating Available, Heating: ForcedAir, WallHeater
Income
CAP Rate: 5.14, Gross Income: $56,880, Gross Rent Multiplier: 13.34, Net Operating Income: $39,012
Lot
Features: Level, Size Acres: 0.16, Size Dimensions: 50 X 137, Size Range: SqFt5000to6999, Size Square Feet: 6,969, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, TaxReturnsAvailable, UtilityRecordsAvailable
Parking
Features: OnStreet
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R5
Roof
Roof: Composition
Security Features
Features: Entry, SecurityLights, Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $9,173, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $1,295, Area: 476, Features: Deck, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,395, Area: 505, Features: Deck, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $2,050, Area: 1073, Features: WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Internet Service Type: Cable, Other, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Llewellyn Elementary School 503-916-6216 Public KG-5
Sellwood Middle School 503-916-5656 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Llewellyn Elementary School 503-916-6216 Public KG-5
Llewellyn Elementary School 503-916-6216 Public KG-5
Sellwood Middle School 503-916-5656 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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