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3020 SW 12TH AVE

Portland, OR 97239

$850,000

Well-maintained triplex in a prime location close to OHSU with expansive city views. The property consists of three units with solid rental demand and long-term tenancy history. The lower-level 2-bedroom unit has been fully remodeled, featuring new kitchen and bathroom cabinets, fixtures, appliances, and LVP flooring throughout. Currently left vacant—ideal… Read MoreRead Less

Listing courtesy of Constant Commercial Real Estate Inc.

Listing Snapshot

Days Online

Last Updated

Apr 25, 2025

Square Ft.

2,786

Lot Size

0.23 Acres

Year Built

1957

MLS Number

291206753

30 Days Snapshot Of 97239

$873k

+38%

(avg) sold price

+21%

homes sold

-31%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: Daylight, Finished

Building

Building Area Total: 2786, Built in 1957, Storage: IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Expenses

Operating Expense: $25,000

Exterior Features

Exterior Description: CementSiding, Stucco

Heating

Heating: Baseboard, WallHeater

Income

CAP Rate: 4.28, Gross Income: $61,620, Gross Rent Multiplier: 13.79, Net Operating Income: $36,418

Lot

Features: CornerLot, Secluded, Sloped, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, ProfitLossStatement

Parking

Features: Carport, Paved

Property

Number Of Units Total: 3, Zoning: R1

Roof

Roof: Other

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $12,202, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $2,050, Area: 1029, Features: Deck, Fireplace, Microwave, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $2,030, Area: 1192, Features: Deck, Fireplace, Microwave, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $995, Area: 360, Features: Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, 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 Apr 25, 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 Apr 25, 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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3020 SW 12TH AVE

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