3123 SE 31st AVE

Portland, OR 97202
Square Ft.
3,046
$869,000
Beautiful 3-Unit Opportunity in the Heart of Richmond. Rarely available! This charming triplex has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. Property Highlights:Updated roof and separate electrical meters. All units shareRead MoreRead Less
Listing courtesy of KJK Properties PC.
Listing Snapshot
Days Online
153
Last Updated
Square Ft.
3,046
Lot Size
0.09 Acres
Year Built
1912
MLS Number
289396741
30 Days Snapshot Of 97202
$601k
-4%
(avg) sold price
15
-31%
homes sold
73
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1912, Building Area Total: 3046, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Property Access
Road Surface Type: Paved
Basement
Basement: PartiallyFinished, SeparateLivingQuartersApartmentAuxLivingUnit
Community
Community Features: AllLandscaping, Laundry
Expenses
Operating Expense Scheduled: 29872, Operating Expense: $29,872
Exterior Features
Exterior Description: LapSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 1
Heating
Heating: ForcedAir, Zoned
Income
CAP Rate: 4.27, Gross Income: $67,020, Gross Rent Multiplier: 12.97, Gross Scheduled Income: $70,620, Net Operating Income: $37,148, Net Scheduled Income: 40748
Lot
Features: Level, Size Acres: 0.09, Size Dimensions: 43x90, Size Range: SqFt3000to4999, Size Square Feet: 3,920, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, Leases, RentRecords, UtilityRecordsAvailable
Parking
Features: Driveway, Garage, 1 total parking spot
Property
Number Of Units Total: 3, Property Condition: Existing, Zoning: R5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,924, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,930, Area: 924, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $2,020, Area: 1098, Features: Dishwasher, Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,700, Area: 600, Features: Dishwasher, Microwave, Range, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Other, 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.