This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just… Read More 4 years ago. Each unit features a spacious kitchen with generous pantry storage and plenty of natural light throughout. The lower unit has been recently upgraded with a brand-new second bathroom, new flooring, and a washer and dryer hookup—perfect for comfortable daily living. The main unit received new flooring and beautiful quartz countertops just 4 years ago. The upper unit has been refreshed with new carpet, fresh paint, and an updated bathroom, creating a bright and welcoming interior. A completely new roof was installed 4 years ago. Additional highlights include updated LVP flooring and carpet throughout, and a charming veranda on the main level—ideal for relaxing or entertaining. With easy access to Hwy 26 and I-205, and close proximity to public transportation, parks, and local amenities, this triplex offers a flexible layout, solid updates, and a prime location in one of Portland's most vibrant neighborhoods. Don't miss this excellent investment opportunity! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227404] Read Less
Listing courtesy of Redfin.
Listing Snapshot
Days Online
53
Last Updated
Square Ft.
3,399
Year Built
1913
MLS Number
773199898
30 Days Snapshot Of 97206
$497k
+10%
(avg) sold price
45
-29%
homes sold
21
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3399, Built in 1913, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Exterior Features
Exterior Description: T111Siding
Heating
Heating: Baseboard, Zoned
Lot
Features: Level, Size Range: SqFt3000to4999, Size: 3,000 to 4,999 SqFt
Property
Number Of Units Total: 3, Property Condition: Approximately, Zoning: R5
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
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