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Listing 4 out of 87
$525,000 For Sale

3331 SE 122nd Ave
Portland, OR 97236

3 units | Multi Family Home - MLS# 18019146
Property Photo
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Description

Conveniently located Triplex on large developable lot. Turn-key units with solid rental history and ample off-street parking. Close to public transportation, restaurants, and amenities. Excellent rental history. Lot is zoned for additional units. Please do not disturb tenants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Multnomah County
  • Zip Code: 97236
  • Year Built: 1999
  • Subdivision/Neighborhood: Powellhurst - Gilbert
  • Elementary School: Mill Park
  • Middle School: Ron Russell
  • High School: David Douglas
  • Sq.Ft.: 3,618 sq ft
  • Stories: 2-Story
  • Units: 3 units
  • Garage: 6-Car
  • Lot Size: 10, 000 To 14, 999 Sqft
  • View: City Yes
  • Zoning: CN2
  • Area: Portland Southeast
  • Fuel: Electricity
  • Gross Income Actual: 40014
  • Gross Income Projected: 43149
  • Gross Rent Multiplier: 13.12
  • Heating: Wall
  • Hot Water: Electricity
  • Limited Representation: Limited Service
  • Lot: On Busline, Level
  • Net Income Actual: 28440
  • Net Income Projected: 31882
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: 11574
  • Operating Expenses Projected: 11267
  • Parking: Guest Parking, Open
  • Roof Type: Shingle
  • Sewer: Public
  • Tax Amount: 6697.74
  • Terms: Cash, Conventional, Fha
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Sq Ft: 1650
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Sq Ft: 900
  • Unit Type 2 Units Total: 1
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Sq Ft: 1100
  • Unit Type 3 Units Total: 1
  • Utilities Included: Garbage, Sewer, Water
  • Water: Public
Courtesy of Core, Realtors

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Jim Lutz

Jim Lutz, CCIM
Oregon Principal Broker
Premiere Property Group, LLC
Beaverton, OR 97006

503-750-6388
Contact Me

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Jim Lutz | 
503-750-6388 | Contact Me

1500 NW Bethany Blvd #190 - Beaverton, OR 97006
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