3123 SE 31st AVE new

Portland,OR 97202

$ 890000

- Bed

- Bath

3046 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,046 sqft

Price per Sqft $292

Subdivision Waverleigh/Richmond

MLS Listing ID 289396741

Year Built 1912

Annual Tax Amount $8,924

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Beautiful 3 unit building in Richmond that has not changed hands often since 1980. Was owner occupied until 2021. Updated Roof, separate electrical meters, and all units on shared w/s/g. Shared yard and grand entrance, grand porch, and attached garage rented to unit C. Rents are current and rent increases are out to residents. Uploaded reports are actual cash flow reports for last 3.5 years. Another decade of records available. Unit B receives a $65/mo credit for a portion of their gas line and electric feeding a small portion of C (there is one vent that pumps heat into C). has managed property since 2011 so plenty of context available. Record rich - owner will pass on a box of prior history/records. Tank decommissioned in place by Alpha Environmental.

Location

State OR

County Multnomah

Community Alllandscaping,Laundry

Area _143

Zoning R5

Interior

Heating Forced Air, Zoned

Exterior

Garage Spaces 1.0

Community Features AllLandscaping,Laundry

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Roof Type Composition

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash,Conventional,FHA,VALoan

Listing Terms Cash,Conventional,FHA,VALoan

Virtual Tour https://www.youtube.com/watch?v=NpTHp040CQI

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