$899000
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5 Bed
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3 Bath
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2124 SqFt
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20 DOM
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Built: 1904
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Status: Active
Love this home?
Fully 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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20 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
PDXA1 Realty Group data last checked: Oct 09, 2025 02:50 | Listing last modified Sep 30, 2025 11:18,
Source:
Residence Information
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2124
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-
-
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5
-
-
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3
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Composition
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-
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OnStreet
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3
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1904
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No
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VinylSiding
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Daylight
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-
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Daylight
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Slab
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Features and Utilities
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-
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None
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Tank
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Baseboard, ForcedAir
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SepticTank
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Tank
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Electricity, Gas
Financial
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6463.17
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0
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Electricity,Heat,Sewer,TrashCollection,Water
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-
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Cash,Conventional
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09-10-2025
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No
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No
Comparable Information
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20
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29
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Cash,Conventional
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$899,000
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$899,000
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-
Sep 30, 2025 11:18
Schools
Map
Listing courtesy of Richard Ballew Realty.
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.
PDXA1 Realty Group data last checked: Oct 09, 2025 02:50 | Listing last modified Sep 30, 2025 11:18.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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