3123 SE 31st AVE Active

Portland,OR 97202

$ 890000

- Bed

- Bath

3046 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,046 sqft

Price per Sqft $292

Subdivision Waverleigh/Richmond

MLS Listing ID 289396741

Year Built 1912

Annual Tax Amount $8,924

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Beautiful 3-Unit Opportunity in the Heart of Richmond.Rarely available! This charming triplex has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. Property Highlights:Updated roof and separate electrical meters. All units share water, sewer, and garbage. Inviting shared yard, grand front porch, and stately common entrance. Attached garage currently rented with Unit C. Comprehensive financial records available — includes 3.5 years of actual cash flow reports and an additional decade of records on file. Tank decommissioned in place by Alpha Environmental. Additional Notes: Property has been professionally managed since 2011, offering rich operational history and context. Record-rich ownership — seller will pass along a box of historical documents and records for future reference.

Location

State OR

County Multnomah

Community Alllandscaping,Laundry

Area _143

Zoning R5

Rooms

Basement Partially Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air, Zoned

Exterior

Garage Spaces 1.0

Community Features AllLandscaping,Laundry

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Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash,Conventional,FHA,VALoan

Listing Terms Cash,Conventional,FHA,VALoan

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