Pending
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Pending

$775,000

7 Beds 4 Baths 2,937 SQFT 0.20 Acres
Type: Pending

3371 SE 7TH AVE
Portland, OR 97202

MLS#: 409599577
Dane Dykeman
Dane Dykeman
Premiere Property Group
Broker
Phone: 503.789.2906
Office: 971.271.8932
Presented by: Realty Portland - 503-858-4089

Property Description

 

Exceptional value-add triplex in the Brooklyn neighborhood of Southeast Portland. This well-located property offers three spacious units on a large lot, presenting a rare opportunity for investors to unlock significant upside. New 45 year roof, new gutters. Current rents are substantially below market, providing strong long-term income growth potential. Each unit has generous layouts, and the property is very close to Downtown Portland, Division Street, Sellwood, and major transit corridors. Each unit has wood burning fireplace. Two units have views of the Willamette River and Downtown PDX. Large deck off 3-bdrm, and large shared yard. 6 parking spaces and 1-car garage. Do not disturb tenants.


 

Interior Features

Bedrooms

Unit 1 Beds Total3
Unit 2 Beds Total2
Unit 3 Beds Total2

Bathrooms

Unit 1 Baths Total2
Unit 2 Baths Total1
Unit 3 Baths Total1

Other Interior Features

UnitType1ActualRent1575
UnitType1FeaturesDeck, Fireplace, Storage, WasherDryer
UnitType1UnitsTotal1
UnitType2ActualRent1240
UnitType2FeaturesFireplace, HardwoodFloors, Refrigerator, WasherDryer
UnitType2UnitsTotal1
UnitType3ActualRent1115
UnitType3FeaturesWasherDryer
UnitType3UnitsTotal1
FuelDescriptionElectricity
BasementNone
StorageAttached
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3

General

Accessory Dwelling Unit Y/NN
AttributionContact503-858-4089
CityPortland
CountyMultnomah
DirectionsCorner SE 7th & SE Haig
DisclosuresExempt
Elementary SchoolGrout
Garage Spaces1.0
Gross Income47160.0
HOANo
HeatingBaseboard
High SchoolCleveland
Legal DescriptionMANHATTAN HTS, BLOCK D, LOT 8&9 EXC PT IN ST
Listing TermsCash, Conventional
Lot Size Square Feet8,712 sqft
MLS Area_143
Middle/Junior High SchoolHosford
Net Operating Income28300.0
Number Of Units Total3
Operating Expense18860.0
Parcel Number0
Property ConditionExisting
Property TypeMultiFamily
Rent IncludesSewer, TrashCollection, Water
SewerPublicSewer
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameBrooklyn
Tax Annual Amount$10,258
Tax Year2025
ViewDescriptionCity, River
Year Built1980
ZoningR5

Exterior

Building Area Total2,937 sqft
Exterior DescriptionWoodSiding
Foundation DetailsSlab
Lot FeaturesCornerLot
Lot Size Acres0.2
Parking FeaturesGarage, OffStreet
Total Parking7.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Cleveland High School
Elementary School Grout Elementary School
Middle School Hosford Middle School

  

Similar Properties

$775,000

7 Beds 4 Baths 2,937 SQFT 0.20 Acres
Type: Pending

3371 SE 7TH AVE
Portland, OR 97202

MLS#: 409599577
Dane Dykeman
Dane Dykeman
Premiere Property Group
Broker
Phone: 503.789.2906
Office: 971.271.8932