$699900
Price cut: $35.1K (06-06-2025)
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5 Bed
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4 Bath
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3399 SqFt
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149 DOM
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Built: 1913
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Status: Active
Love this home?
This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just 4 years ago. Each unit features a spacious kitchen with generous pantry storage and plenty of natural light throughout. The lower unit has been recently upgraded with a brand-new second bathroom, new flooring, and a washer and dryer hookup—perfect for comfortable daily living. The main unit received new flooring and beautiful quartz countertops just 4 years ago. The upper unit has been refreshed with new carpet, fresh paint, and an updated bathroom, creating a bright and welcoming interior. A completely new roof was installed 4 years ago. Additional highlights include updated LVP flooring and carpet throughout, and a charming veranda on the main level—ideal for relaxing or entertaining. With easy access to Hwy 26 and I-205, and close proximity to public transportation, parks, and local amenities, this triplex offers a flexible layout, solid updates, and a prime location in one of Portland's most vibrant neighborhoods. Don't miss this excellent investment opportunity! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227404]
Listing Provided Courtesy of William Grzebyk, Redfin
General Information
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773199898
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149 DOM
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5
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4
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3399
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1913
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R5
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Multnomah
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R218118
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Marysville
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Kellogg
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Franklin
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MultiFamily
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MIDDLESEX, N 90' OF W 118 1/2' OF LOT 14
Listing Provided Courtesy of William Grzebyk, Redfin
PDXA1 Realty Group data last checked: Sep 25, 2025 08:19 | Listing last modified Sep 10, 2025 10:27,
Source:
Residence Information
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3399
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5
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-
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4
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Composition
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1913
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Yes
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T111Siding
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Features and Utilities
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Electricity
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Baseboard, Zoned
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PublicSewer
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Electricity
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Electricity
Financial
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5426.92
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None
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Cash,Conventional,FHA,OwnerWillCarry,VALoan
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04-14-2025
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No
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No
Comparable Information
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149
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164
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Cash,Conventional,FHA,OwnerWillCarry,VALoan
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$735,000
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$699,900
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Sep 10, 2025 10:27
Schools
Map
Listing courtesy of Redfin.
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 25, 2025 08:19 | Listing last modified Sep 10, 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 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.
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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.
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Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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