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3311 3315 SE 127TH PL

Portland, OR 97236
Square Ft.
1,346
Active
Multifamily
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$424,900
Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint,… Read MoreRead Less
Listing courtesy of Rarebird Real Estate.
Listing Snapshot
Days Online
2
Last Updated
Square Ft.
1,346
Lot Size
0.26 Acres
Year Built
1950
MLS Number
770612929
30 Days Snapshot Of 97236
$394k
+40%
(avg) sold price
20
+17%
homes sold
35
-55%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 1346, Built in 1950, Storage: IndividualStorageUnits, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 8547, Operating Expense: $8,547
Exterior Features
Exterior Description: ShakeSiding, WoodSiding
Foundation
Foundation Details: PillarPostPier
Heating
Heating: WallHeater
Income
CAP Rate: 6.03, Gross Income: $34,188, Gross Rent Multiplier: 12.43, Gross Scheduled Income: $34,188, Net Operating Income: $25,641, Net Scheduled Income: 25641
Lot
Features: Level, PublicRoad, Size Acres: 0.26, Size Range: SqFt10000to14999, Size Square Feet: 11,325, Size: 10,000 to 14,999 SqFt
Energy Saving
Energy Efficiency Features: Geothermal
Parking
Features: OffStreet, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: RM1
Roof
Roof: Composition, Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $3,799, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,312, Area: 595, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,537, Area: 751, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

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Mill Park Elementary School 503-256-6507 Public PK-5
Ron Russell Middle School 503-256-6519 Public 6-8
David Douglas High School 503-261-8300 Public 9-12
Mill Park Elementary School 503-256-6507 Public PK-5
Mill Park Elementary School 503-256-6507 Public PK-5
Ron Russell Middle School 503-256-6519 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.