17941 SE MAIN ST

Portland, 97233

  • 2 Bed

  • 1 Bath

  • 1008 SqFt

  • 47 DOM

  • Built: 1949

  • Status: Active

$650,000

X

17941 SE MAIN ST

Portland 97233

$650000

  • 2 Bed

  • 1 Bath

  • 1008 SqFt

  • 47 DOM

  • Built: 1949

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties: 1210 SE 179th Ave (MLS# 767340896) – $2,495/mo 1214 SE 179th Ave (MLS# 206884563) – $1,895/mo 17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income—perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All data—including financials, zoning, and rental agreements—to be verified by the buyer. Shown by appointment only and limited showings. Please do not disturb tenants.

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Residence Information

  • 0

  • 1008

  • 0

  • 1008

  • Trio

  • 1008

  • 1/Gas

  • 2

  • 1

  • 0

  • 1

  • Composition

  • 2, Detached

  • Stories1

  • Driveway,RVAccessPar

  • 1

  • 1949

  • No

  • LapSiding

  • None

  • RVParking,RVBoatStorage

  • None

  • ConcretePerimeter

Features and Utilities

  • BuiltinOven, Cooktop, Dishwasher, FreeStandingRefrigerator

  • WalltoWallCarpet

  • RVParking, ToolShed, Workshop, Yard

  • ForcedAir, WallHeater

  • PublicSewer

  • Gas

Financial

  • 4344.08

  • 0

  • Cash,Conventional,OwnerWillCarry

  • 05-06-2025

  • 0

  • No

  • No

Comparable Information

  • 47

  • 72

  • Cash,Conventional,OwnerWillCarry

  • $650,000

  • $650,000

  • Jun 22, 2025 00:49

Schools

Elementary : Alder N/A Ratings
Middle : H.B. Lee N/A Ratings
High : Reynolds N/A Ratings

Map

Listing courtesy of eXp Realty, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 17, 2025 01:38 | Listing last modified Jun 22, 2025 00:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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