3123 SE 31ST AVE Portland, OR97202

$850,000
3 total units
6 total bedrooms
4 total bathrooms
$62,800 annual income
Capitilization Rate: 5.97
3046 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Grout
Middle School: Hosford
High School: Cleveland
Zoning: R5
1000 days on market
Tour #1Tour #2

VestorFilter™

Price per unit$283.3K/unit
Price per ft²$279.05/ft²
Recent price drop$49,900
Price per acre$12.06M/ac
Price per bedroom$141.7K/bed
Time on market1000 days

Property Description

Welcome to the light and bright Richmond plex! Steps to Clinton District & Division for dining, coffee, boutiques, and groceries. Steps in the other direction you'll find the school track, the Safeway, bus. Well run and maintained, potential income over $62,800. Always leased! Shared w/d + A has own in unit. Rents incl. W/S/G. Call ASAP to see 2 units before leased. This is prime to convert back to SFR if desired!

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Financial Data

Date Sold2021-09-20
Sold Price$850,000
Price ChangeDropped $49,900 on 09/20/2021
Total $49,900 drop
Original Price$899,900
Current Price$850,000
Property Taxes$7,143

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Home Facts

StatusSold
Year Built1912
Stories3
Green/Energy SupplementYes
Home Energy Score3
Exterior Features
MLS ID21369713

Unit Details

Unit 1
Unit 2
Unit 3