$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
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Status: Active
Love this home?
Rare 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
PDXA1 Realty Group data last checked: Aug 18, 2025 01:37 | Listing last modified Aug 14, 2025 17:00,
Source:
Residence Information
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-
-
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1746
-
-
-
-
3
-
-
-
3
-
Composition
-
-
-
OnStreet
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1
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1944
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Yes
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VinylSiding
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CrawlSpace
-
-
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CrawlSpace
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ConcretePerimeter
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Features and Utilities
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-
-
-
-
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CentralAir, MiniSplit
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Electricity, Gas
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MiniSplit, WallFurnace, Zoned
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PublicSewer
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Electricity, Gas
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Electricity, Gas
Financial
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3668.45
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0
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Sewer,TrashCollection,Water
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-
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Cash,Conventional
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08-14-2025
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-
No
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No
Comparable Information
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1
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4
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Cash,Conventional
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$499,000
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$499,000
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Aug 14, 2025 17:00
Schools
Map
Listing courtesy of Cascade Hasson Sotheby's International 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: Aug 18, 2025 01:37 | Listing last modified Aug 14, 2025 17:00.
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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