2431 SE 141ST AVE

Portland, 97233

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

$949,000

X

2431 SE 141ST AVE

Portland 97233

$949000

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants.

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Residence Information

  • 4516

  • 9

  • 8

  • Composition

  • 3,

  • Assigned,Garage

  • 1998

  • No

  • VinylSiding

  • CrawlSpace

  • CrawlSpace

  • ConcretePerimeter

Features and Utilities

  • WallUnit

  • Gas

  • ForcedAir, WallHeater

  • PublicSewer

  • Gas

  • Electricity, Gas

Financial

  • 10205.08

  • Sewer,TrashCollection,Water

  • Cash,Conventional

  • 05-16-2024

  • No

  • No

Comparable Information

  • 173

  • 426

  • Cash,Conventional

  • $950,000

  • $949,000

  • Nov 05, 2024 14:34

Schools

Elementary : Lincoln Park N/A Ratings
Middle : Ron Russell N/A Ratings
High : David Douglas N/A Ratings

Map

Listing courtesy of John L. Scott Portland Metro.

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 16, 2025 16:09 | Listing last modified Nov 05, 2024 14:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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