2204 SE 12TH AVE Portland, OR97214

$715,000
3 total units
4 total bedrooms
3 total bathrooms
$49,800 annual income
Capitilization Rate: 5.01
3062 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Abernethy
Middle School: Hosford
High School: Cleveland
Zoning: RM2
896 days on market

VestorFilter™

Price per unit$238.3K/unit
Price per ft²$233.51/ft²
Price per acre$6.09M/ac
Price per bedroom$178.8K/bed
Time on market896 days

Property Description

Vintage triplex in popular inner SE PDX location just steps to Ladd's Addition & Division/Hawthorne hotspots! Proximity to Powell, MAX, bike routes. Excellent rental history, rarely vacant but easily filled. Charming one & two bedroom units w/ parking & laundry. More than $50K in recent updates: roof, gutters, paint, flooring, sewer, decommissioned oil tank. Great for investor or owner-occupant. Legal triplex, zoned RM2.

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Financial Data

Date Sold2022-01-05
Sold Price$715,000
Original Price$645,000
Current Price$715,000
Property Taxes$5,761

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Home Facts

StatusSold
Year Built1924
Stories2
Exterior Features
MLS ID21477649

Unit Details

Unit 1
Unit 2
Unit 3