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934 SE NEHALEM ST

Portland, OR 97202
Square Ft.
2,703
Active
Multifamily
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$925,000
Well-maintained and in excellent condition, this triplex is truly move-in ready for investors seeking steady returns. Located in a high-demand area, it offers a rare opportunity for both seasoned investors and those making their first multi-unit purchase. With a walk score of 92 and a bike score of 99, tenants… Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
86
Last Updated
Square Ft.
2,703
Lot Size
0.11 Acres
Year Built
1895
MLS Number
612118501
30 Days Snapshot Of 97202
$667k
-7%
(avg) sold price
39
+21%
homes sold
34
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: ExteriorEntry
Building
Building Area Total: 2703, Built in 1895, Storage: IndividualStorageUnits, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: MiniSplit
Expenses
Operating Expense: $10,250
Exterior Features
Exterior Description: ShakeSiding, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: MiniSplit
Income
CAP Rate: 5.12, Gross Income: $57,600, Gross Rent Multiplier: 16.06, Net Operating Income: $47,350
Lot
Size Acres: 0.11, Size Range: SqFt5000to6999, Size Square Feet: 4,791, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Driveway, 2 total parking spots
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,950, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,100, Area: 850, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $2,100, Area: 1126, Features: AirConditioning, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,600, Area: 800, Features: AirConditioning, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Internet Service Type: Cable, FiberOptics, 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.