$689000
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5 Bed
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3 Bath
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3577 SqFt
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1 DOM
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Built: 1963
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Status: Active
Love this home?
Built in 1963, this well-maintained triplex offers a practical investment opportunity with solid income potential and flexible living arrangements. With approximately 3,577 square feet spread over two stories, the property includes three individual units, each designed for comfortable day-to-day living. Two of the units feature two bedrooms and one bath, while the third unit offers a one-bedroom, one-bath layout. Each home has its own sense of privacy, with thoughtful floor plans and plenty of natural light.The property includes a double detached garage along with generous parking options, both on and off the street, making it convenient for residents and guests alike. Inside, you’ll find two classic wood-burning fireplaces that add character and warmth, a feature rarely found in similar income properties. A composition roof provides durability, and the building has been cared for over the years, offering a balance of vintage charm and reliable function.Located in a convenient neighborhood, the triplex sits close to shopping, dining, and everyday services, as well as public transportation and major roadways. This makes it appealing to renters who value accessibility and an easy commute. The surrounding area continues to attract steady demand, supporting long-term rental stability and investment growth.For those considering owner occupancy, the option of living in one unit while renting the others can help offset expenses while still enjoying the independence of a single-family style residence. Investors will appreciate the straightforward management and potential for consistent returns.The seller may also complete a 1031 deferred tax exchange at no cost to the buyer, adding further value to the transaction. With its strong fundamentals, ample parking, and desirable location, this triplex represents a rare chance to secure a multi-unit property with immediate and lasting appeal.
Listing Provided Courtesy of Joe Fustolo, Soldera Properties, Inc
General Information
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243486181
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1 DOM
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5
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6098.4 SqFt
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3
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3577
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1963
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Multi
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Multnomah
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R230695
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Glencoe
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Mt Tabor
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Franklin
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MultiFamily
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ORCHARD HOMES, BLOCK 6, LOT 7
Listing Provided Courtesy of Joe Fustolo, Soldera Properties, Inc
PDXA1 Realty Group data last checked: Sep 21, 2025 22:35 | Listing last modified Sep 21, 2025 10:27,
Source:
Residence Information
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-
-
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3577
-
-
-
-
5
-
-
-
3
-
Composition
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2,
-
-
Driveway,Garage
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2
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1963
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No
-
-
Brick, Cedar
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Daylight
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-
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Daylight
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ConcretePerimeter
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Features and Utilities
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-
-
-
-
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None
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Gas
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ForcedAir
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PublicSewer
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Gas
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Gas, Solar
Financial
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7453.78
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0
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TrashCollection
-
-
-
Cash,Conventional
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09-20-2025
-
-
No
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No
Comparable Information
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1
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1
-
-
Cash,Conventional
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$689,000
-
$689,000
-
-
Sep 21, 2025 10:27
Schools
Map
Listing courtesy of Soldera Properties, Inc.
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: Sep 21, 2025 22:35 | Listing last modified Sep 21, 2025 10:27.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
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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.
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