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728 Quiet Valley Lane
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4726 NE 111TH AVE

Portland, OR 97220

$625,000

Fully updated affordable triplex! main house is 2 bdrm 1 ba with huge, clean, unfinished basement and big walk in closet. Main home rented for $1,650. Units 2,3 are 1 bdrm 1 ba and are rented for $1,200 & $1,150. Thats $4,000 in income per month! Complete remodeled by owner… Read MoreRead Less

Listing courtesy of TreeHouse Realty.

Listing Snapshot

Days Online

Last Updated

Mar 16, 2026

Square Ft.

3,192

Lot Size

0.21 Acres

Year Built

1943

MLS Number

431549898

30 Days Snapshot Of 97220

$454k

+13%

(avg) sold price

-23%

homes sold

-13%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Dirt, Gravel

Basement

Basement: FullBasement

Building

Building Area Total: 3192, Built in 1943, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $14,107

Exterior Features

Exterior Description: ShingleSiding, T111Siding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: ForcedAir

Income

CAP Rate: 0.46, Gross Income: $17,000, Gross Rent Multiplier: 36.76, Net Operating Income: $2,892

Lot

Features: Level, Size Acres: 0.21, Size Range: SqFt7000to9999, Size Square Feet: 9,147, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: Leases

Parking

Features: Open, 8 total parking spots

Property

Number Of Units Total: 3, Property Condition: Restored, Zoning: CGH

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $2,892, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $2,000, Area: 1692, Features: Disposal, Microwave, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,200, Area: 750, Features: WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $1,150, Area: 750, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Gas, Internet Service Type: Cable, 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 © 2026 RMLS, Portland, Oregon.

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

This content last updated on Mar 16, 2026. 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 Mar 16, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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4726 NE 111TH AVE

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