$899000
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5 Bed
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3 Bath
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2124 SqFt
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7 DOM
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Built: 1904
- Status: Active
Love this home?
Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Fully remodeled units that rent quickly and have low taxes...The electrical was just completed(all new service) so this building is a legal tri-plex. Quartz countertops, high end LVP flooring, all with a view. This is the income property you've been looking for. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife....all close to downtown with OHSU closer. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop....View, View, View...Abundant wildlife...Remarkable rent history typified by the latest rental of unit 'A'...50 inquiries in 72 hours...it had to be shut down...Taxes are low at $6,214.72. Cap Rate based on projected income from the rented units and the owner occupied unit is 6.65.
Listing Provided Courtesy of Mark Jackson, Richard Ballew Realty
General Information
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374309510
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7 DOM
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5
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7405.2 SqFt
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3
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2124
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1904
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R10
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Multnomah
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R327777
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Ainsworth
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West Sylvan
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Lincoln
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MultiFamily
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SECTION 09 1S 1E, TL 4000 0.17 ACRES
Listing Provided Courtesy of Mark Jackson, Richard Ballew Realty
Mohan Realty Group data last checked: Sep 17, 2025 06:57 | Listing last modified Sep 16, 2025 17:53,
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