UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

3311 3315 SE 127TH PL Portland, OR 97236
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Price:
$424,900
Units:
2
Acres:
0.26
Unit 1:
1 Bed 1.0 Bath $1,312/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Unit 2:
2 Bed 1.0 Bath $1,537/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
MLS#:
770612929
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
RM1
Yr Built:
1950
Taxe/yr:
$3,799.27
County:
Multnomah
Status:
Active
Levels:
1
Heat:
WallHeater
Elem:
Mill Park
Middle:
Ron Russell
High:
David Douglas
Lot Desc:
Level, Public Road
Area:
Portland Southeast
Courtesy of:
Rarebird Real Estate
Remarks:
Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.
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