3116 Southeast 7th Avenue

Portland, OR 97202

$600,000
Price
—
Beds
2,905 Sq. Ft.
$207 / Sq. Ft.
2,905
Sq. Ft.
$207
per Sq. Ft.

Virtual Tour

Virtual Tour

a view of a house with a small yard and plants
a front view of a house with a yard
a view of an empty room with window and wooden floor
a view of an empty room and wooden floor
a view of an empty room with wooden floor and a window
a view of an empty room with window and wooden floor
a bathroom with a sink a bathtub and a window
a kitchen with granite countertop white cabinets and white appliances
a kitchen with cabinets and a refrigerator
a bathroom with a sink and a mirror
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a view of an empty room with wooden floor and a window
a bathroom with a sink and mirror
a utility room with dryer and washer
a view of an entryway with a floor
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor
a view of an empty room and wooden floor
a view of an empty room with wooden floor and a window
a bathroom with a sink and a bathtub
a view of a room with wooden floor and a window
a view of a big room with wooden floor and windows
a kitchen with a stove a sink and a window
a kitchen with a stove and a microwave
a kitchen with a refrigerator and a stove
a view of living room
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Description

Discover an exceptional investment opportunity in the heart of Brooklyn with this duplex, perfectly situated in a highly sought-after location boasting excellent walk and bike scores. This property features two 2 bedroom/1 bathroom units, one vacant and one currently occupied by month-to-month tenants, ensuring immediate rental income. The upstairs unit offers bright and spacious living areas, two well-sized bedrooms, and a full bathroom. It also includes exclusive access to a washer and dryer in...Discover an exceptional investment opportunity in the heart of Brooklyn with this duplex, perfectly situated in a highly sought-after location boasting excellent walk and bike scores. This property features two 2 bedroom/1 bathroom units, one vacant and one currently occupied by month-to-month tenants, ensuring immediate rental income. The upstairs unit offers bright and spacious living areas, two well-sized bedrooms, and a full bathroom. It also includes exclusive access to a washer and dryer in its dedicated basement storage space. The downstairs unit is equipped with a heat pump for efficient heating and air conditioning, a convenient in-unit washer and dryer, and another large dedicated storage space in the basement. Additionally, the downstairs unit features a private deck, perfect for outdoor relaxation. Both units share access to a spacious, nicely landscaped backyard and side yard, providing ample outdoor space for gardening, recreation, or simply enjoying the outdoors. Along with the two unit-designated storage spaces, the basement has another large room for landlord storage, as well as a common area for lawn and yard tools. This is a fantastic Brooklyn location for rentals, with easy access to commuting, river, parks, restaurants and more!
  1. Listed by Kate Uva • Redfin

Property Details for 3116 Southeast 7th Avenue

Parking Features
On Street
Zoning
R2.5
LISTING UPDATED: 10/17/2024 04:39 PM

Property Details for 3116 Southeast 7th Avenue

StatusActive
MLS #24008878
Days on Market32
Taxes$6,424 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1896
Lot Size0.11 AC / 4,791 SF
CountyMultnomah County

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Building Information for 3116 Southeast 7th Avenue

Stories2Residences2Year Built1896Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 3116 Southeast 7th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: From Powell Blvd., south on 7th
School Information
  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,424.08
  • Parcel Number: R327962
  • Tax Legal Description: SECTION 11 1S 1E, TL 4400 0.11 ACRES
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1896
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Gas
  • Heating Description: Forced Air, Heat Pump
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shingle Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement, Partially Finished, Storage Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Amenities DistanceTo Bus Numeric: 0.20 miles
  • Amenities DistanceTo Shopping Numeric: 0.50 miles
  • Amenities DistanceTo Public Park Numeric: 0.50 miles
  • Amenities DistanceTo Public Rail Numeric: 0.75 miles
  • Amenities DistanceTo Waterfront Numeric: 0.50 miles
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $46,800.00
  • Gross Rent Multiplier: $12.82
  • Investor Information: According To Owner, Leases, Rent Records
  • Net Income Actual: $31,300.00
  • Operating Expense: $15,500.00
  • Storage: Basement, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2905
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Deck, Storage, Washer Dryer
  • Unit Type 1 Rent: $2,200
  • Unit Type 1 SqFt: 1168.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Refrigerator, Storage, Washer Dryer, Wood Floors
  • Unit Type 2 Rent: $1,700
  • Unit Type 2 SqFt: 699.0
  • Unit Type 2 Units Total: 1

Property History for 3116 Southeast 7th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3116 Southeast 7th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$6,424 ($535 / month)
Home Facts
Baths2Total Finished SqFt1,867 SqFtAbove Grade Finished SqFt1,867 SqFtUnfinished Basement SqFt1,038 SqFtStories1Lot Size4,792 SqFtStyleDuplexYear Built1896ZoningR2.5CountyMULTNOMAHAPN1S1E11BC 04400

Schools near 3116 Southeast 7th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Grout Elementary School
Public - K to 5
Hosford Middle School
Public - 6 to 8
Cleveland High School
Public - 9 to 12
Winterhaven School
Public - K to 8
Rating
School
Distance
Grout Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3116 Southeast 7th Avenue, Portland, OR 97202

3116 Southeast 7th Avenue is a multi-family home for sale in Portland, OR 97202. This property was listed for sale on October 15, 2024 by Redfin, it's currently listed at $600,000. It has been on the market for a total of 32 days and was last sold on June 29, 2021. This listing's school district is Portland School District 1j. Nearby schools include Grout Elementary School, Hosford Middle School and Cleveland High School. 3116 Southeast 7th Avenue is a 0-bed, 0-bath, 2,905 sqft multi-family home built in 1896.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 10/17/2024 04:39 PM