Bought with Kelly Right Real Estate of Portland, LLC
$608,000
$625,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
2,442 SqFt
SOLD DATE : 07/01/2025
Key Details
Sold Price $608,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,442 sqft
Price per Sqft $248
Subdivision Foster-Powell Neighborhood
MLS Listing ID 24054682
Sold Date 07/01/25
Year Built 1977
Annual Tax Amount $7,245
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
CASH FLOWING; Triple the Opportunity! Live in One, Rent the Rest, Build Your Wealth. Cash-Flowing Triplex – Prime Location, Fully Occupied. Great opportunity for investors or owner-occupants! This well-maintained triplex offers three 2 bed / 1 bath units, all updated in 2021 with new laminate flooring and kitchen upgrades. The front lower unit features refinished hardwood floors, a decorative fireplace, and a private patio with small yard.Located just minutes from I-205, downtown Portland, and shopping, this property delivers consistent rental income and long-term upside. Fully occupied—start collecting income from day one or live in one unit and rent the rest.No sign or lockbox. Please do not disturb tenants. Buyer to verify all information.Please be advised that the trustee, is a licensed Realtor in Oregon.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Arleta
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224