424 NE 61ST AVE

Portland, OR 97213
Square Ft.
3,577
$689,000
Built in 1963, this well-maintained triplex offers a practical investment opportunity with solid income potential and flexible living arrangements. With approximately 3,577 square feet spread over two stories, the property includes three individual units, each designed for comfortable day-to-day living. Two of the units feature two bedrooms and one bath,Read MoreRead Less
Listing courtesy of Soldera Properties, Inc.
Listing Snapshot
Days Online
14
Last Updated
Square Ft.
3,577
Lot Size
0.14 Acres
Year Built
1963
MLS Number
243486181
30 Days Snapshot Of 97213
$667k
+5%
(avg) sold price
33
+13%
homes sold
31
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Daylight
Building
Building Area Total: 3577, Built in 1963, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: None
Expenses
Operating Expense: $16,500
Exterior Features
Exterior Description: Brick, Cedar
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 2
Heating
Heating: ForcedAir
Income
CAP Rate: 2.92, Gross Income: $36,634, Gross Rent Multiplier: 18.81, Net Operating Income: $20,134
Lot
Features: Level, Size Acres: 0.14, Size Dimensions: Approx. 5,907 SqFt, Size Range: SqFt5000to6999, Size Square Feet: 6,098, Size: 5,000 to 6,999 SqFt
Parking
Features: Driveway, Garage, 4 total parking spots
Property
Number Of Units Total: 3, Property Condition: Existing, Zoning: Multi
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,454, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,465, Area: 1802, Features: Fireplace, HardwoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,735, Area: 899, Features: HardwoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,200, Area: 876, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Solar, Hot Water Description: Gas, Internet Service Type: Cable, Water Source: PublicWater
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Erika George and Kari McGee
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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.
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.