- ADDRESS:
- 2940 SE BROOKLYN ST Portland, OR 97202
- Price:
- $875,000
- Units:
- 3
- Acres:
- 0.14
- Unit 1:
-
2 Bed
1.0 Bath
$2,125/mo
Features: Air Conditioning, Hardwood Floors, Storage, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$2,150/mo
Features: Air Conditioning, Hardwood Floors, Storage, Washer/Dryer - Unit 3:
-
2 Bed
1.0 Bath
$2,150/mo
Features: Air Conditioning, Hardwood Floors, Storage, Washer/Dryer - MLS#:
- 787062550
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- R5
- Yr Built:
- 1959
- Taxe/yr:
- $12,727.98
- County:
- Multnomah
- Status:
- Active
- Levels:
- 1
- Heat:
- Forced Air, WallHeater
- Nhood/Bldg:
- RICHMOND
- Elem:
- Grout
- Middle:
- Hosford
- High:
- Cleveland
- Lot Desc:
- Private
- Area:
- Portland Southeast
- Courtesy of:
- Rarebird Real Estate
- Remarks:
- Immaculately maintained triplex in a highly sought-after Southeast Portland location, offered in conjunction with the neighboring triplex. Both properties must sell and close together.Each unit lives like a home. Private garage and private basement space accessible only to that tenant, a feature that consistently drives demand and retention in this rental pool. Air conditioning in every unit. Hardwood floors throughout. Most units have been updated, and new water service lines serve each building.The setting sets this offering apart: impeccable landscaping, a beautiful central courtyard, and a peaceful, established residential block that tenants do not leave easily.Operating expenses are light for ownership. Tenants pay their own water, sewer, and gas. The landlord pays trash only.Current rents sit approximately 12% below market, delivering immediate upside to a new owner without repositioning the asset or displacing tenants. Strong in-place income, minimal deferred maintenance, and a clear path to higher NOI.An uncommon opportunity to acquire six units side by side in one of Portland's most durable rental submarkets, with the scale advantages of a small multifamily portfolio and the tenant appeal of individual homes.Sold subject to the concurrent sale of the adjacent triplex. All offers subject to interior inspection. Please do not disturb tenants.