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Portland, OR 97220
Square Ft.
3,370
Active
Multifamily
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$550,000
Great investment opportunity. Fully rented with month-to-month long term tenants. Listing includes a package of two tax lots: a 3,370 sq. ft. triplex on a 6,134 sq. ft. lot and vacant lot on 6,237 sq. ft. All units have 2BR/1 bath on one level. To the north, is a vacant… Read MoreRead Less
Listing courtesy of Keller Williams Premier Partners.
Listing Snapshot
Days Online
28
Last Updated
Square Ft.
3,370
Lot Size
0.14 Acres
Year Built
1964
MLS Number
723684360
30 Days Snapshot Of 97220
$373k
+8%
(avg) sold price
29
+163%
homes sold
34
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: ExteriorEntry, PartialBasement
Building
Building Area Total: 3370, Built in 1964, Storage: Basement, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: Commons, Laundry
Cooling
Cooling: None, WindowUnit
Expenses
Operating Expense: $9,066
Exterior Features
Exterior Description: Cedar, LapSiding, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 5.38, Gross Income: $38,640, Gross Rent Multiplier: 14.23, Net Operating Income: $29,574
Lot
Features: Level, Size Acres: 0.14, Size Range: SqFt5000to6999, Size Square Feet: 6,098, Size: 5,000 to 6,999 SqFt
Parking
Features: Open, Paved, 7 total parking spots
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R7
Roof
Roof: Composition
Security Features
Features: SecuritySystem
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,815, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,065, Area: 770, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,065, Area: 735, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,090, Area: 782, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Internet Service Type: Cable, Satellite, 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.
Ventura Park Elementary School 503-256-6508 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 Public 9-12
Ventura Park Elementary School 503-256-6508 Public PK-5
Ventura Park Elementary School 503-256-6508 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 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.
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.