$499000
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3 Bed
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3 Bath
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1746 SqFt
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1 DOM
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Built: 1944
- Status: Active
Love this home?
Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Rare Overlook 1944 Triplex with 582 sq ft units offers cash flow, equity building & portfolio diversification! Well cared for and recently upgraded units are move in ready( 1 unit occupied). Solid 1944 construction. So many options- multi generational living, ideal owner occupant property, co-housing or reimagine the property to suit your vision. Having 3 units dramatically increases income potential! 35x46 side yard gives possible future development potential or lovely garden space. Unit 1 has new mini split system for A/C and heating, all new plank vinyl flooring, sweet new kitchen, all appliances included, stackable Washer & Dryer, cottage pane windows, newer vinyl windows large bedroom and updated bathroom! Unit 2 is currently occupied with similar floor plan, gas range, refrigerator & stackable Washer/Dryer. Unit 3 has oversized vinyl windows, plank vinyl flooring, cute kitchen, big bedroom, updated bathroom and W/D hook up. 2 units left vacant for ease of sale. Each unit has it's own electric panel and H2O heater. Sought after Overlook location is near MAX, vibrant Mississippi & Arbor Lodge neighborhoods, shopping, transit, I5 and parks! (3) 1 level, side by side units in turn key condition in an area of constant demand for under $500k! Generate income from 2 units and occupy 1 for around $1000 per month! Approx market rents are from $1495-$1295.00. 10 out of 10 Home Energy Score! 6240 oversized lot, fenced, large area for garden or potential future development! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241225]
Listing Provided Courtesy of Ronda Joseph, Cascade Hasson Sotheby's International Realty
General Information
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162313511
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1 DOM
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3
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6098.4 SqFt
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3
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1746
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1944
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EXD
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Multnomah
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R210445
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Beach
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Ockley Green
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Jefferson
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MultiFamily
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M PATTONS ADD & 2ND, BLOCK 4, S 2' OF LOT 5, LOT 6
Listing Provided Courtesy of Ronda Joseph, Cascade Hasson Sotheby's International Realty
Mohan Realty Group data last checked: Aug 15, 2025 04:58 | Listing last modified Aug 14, 2025 17:00,
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