408 SE 99TH AVE

Portland, 97216

  • 4 Bed

  • 3 Bath

  • 2055 SqFt

  • 76 DOM

  • Built: 1941

  • Status: Off Market

$485,000

Price cut: $10K (05-09-2025)

X

408 SE 99TH AVE

Portland 97216

$485000

Price cut: $10K (05-09-2025)

  • 4 Bed

  • 3 Bath

  • 2055 SqFt

  • 76 DOM

  • Built: 1941

  • Status: Off Market

Love this home?

Ask a Question

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

***Ask About the 5.25% Assumable Rate***Freshly renovated triplex in a prime location with quick easy access to I-205. This versatile investment property offers a well-balanced unit mix: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Unit A has been fully renovated, while Units B and C provide an excellent value-add opportunity. With one unit currently vacant, this is a perfect option for an owner-occupant looking to take advantage of a low down payment loan while generating rental income. Don’t miss this opportunity to own a high-potential, well-located investment property!

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Residence Information

  • 2055

  • 4

  • 3

  • Composition

  • Driveway,OffStreet

  • 1

  • 1941

  • No

  • Cedar, WoodSiding

  • ConcretePerimeter

Features and Utilities

  • Electricity

  • ForcedAir

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 4783.43

  • 0

  • Sewer,Water

  • Assumable,Cash,Conventional

  • 03-17-2025

  • No

  • No

Comparable Information

  • 76

  • 274

  • Assumable,Cash,Conventional

  • $510,000

  • $485,000

  • Jun 01, 2025 06:51

Schools

Elementary : Cherry Park N/A Ratings
Middle : Floyd Light N/A Ratings
High : David Douglas N/A Ratings

Map

Listing courtesy of SMI Commercial Real Estate 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: Dec 16, 2025 22:17 | Listing last modified Jun 01, 2025 06:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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