2524 SW SPRING GARDEN STPortland, OR97219

$549,900
3 total units
$39,240 annual income
Capitilization Rate: 5.35
3106 sq. ft
SqFt3000to4999
Elementary School: Maplewood
Middle School: Jackson
High School: Ida B Wells
Zoning: CE
1016 days on market

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Price per unit$183.3K/unit
Price per ft²$177.04/ft²
Recent price drop$25,000
Time on market1016 days

Property Description

Investors, great opportunity to own a completely remodeled, fully leased Triplex in Multnomah neighborhood. All 3 units were remodeled in 2018 down to the studs: new electrical, insulation, plumbing, drywall, windows, flooring, custom cabinetry, quartz counters, solid wood doors, fixtures, bathrooms-tile flooring & showers w/glass doors. SS appliances in each unit: gas stove, refrigerator & dishwasher. Sep meters for gas & elec. 30yr roof installed 2020. Shared washer/dryer & storage in basement

{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC

Financial Data

Date Sold2022-03-04
Sold Price$556,400
Price ChangeDropped $25,000 on 04/26/2023
Total $50,000 drop
Original Price$599,900
Current Price$549,900
Property Taxes$5,719

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Home Facts

StatusSold
Year Built1919
Stories3
Exterior Features
MLS ID21566959

Unit Details

Unit 1
Unit 2
Unit 3