3125 Southwest Vermont Street

Portland, OR 97219

$629,900
Price
Beds
2,600 Sq. Ft.
$242 / Sq. Ft.
2,600
Sq. Ft.
$242
per Sq. Ft.

Description

Step into your new cottage-style abode right beside the acclaimed Gabriel Park. Live in one unit and offset your mortgage with the other or rent both out and generate cash flow. This character-filled 1920s home, zoned RM1, has always been well-maintained and offers stunning West Hills views. Both sides have been remodeled in the past year. 3 beds & 2 full baths on one side, along with new carpeting, a spacious master suite, formal dining, a living room with a wood fireplace, and a modern kitchen....Step into your new cottage-style abode right beside the acclaimed Gabriel Park. Live in one unit and offset your mortgage with the other or rent both out and generate cash flow. This character-filled 1920s home, zoned RM1, has always been well-maintained and offers stunning West Hills views. Both sides have been remodeled in the past year. 3 beds & 2 full baths on one side, along with new carpeting, a spacious master suite, formal dining, a living room with a wood fireplace, and a modern kitchen. The other side houses a sizable 1-bedroom apartment with its own kitchen, full bath, and living area, boasting new floors, appliances, and more. Additional amenities include a massive deck with a view, a detached garage, and a full basement with storage and laundry. Enjoy proximity to a trifecta of amenities: Gabriel Park, spanning 89+ acres with a brand new playground, nature trails, tennis & basketball courts, skatepark, and much more; unique boutiques and gourmet dining in the charming Multnomah Village; and a variety of locally owned businesses in Hillsdale for everything else you could need, all within walking distance! Please do not disturb occupants.
  1. Listed by Mack Spear • Kelly Right Real Estate of Portland, LLC

Property Details for 3125 Southwest Vermont Street

Subdivision
SOUTHWEST PORTLAND
Parking Features
Driveway, Garage
Zoning
RM1
View
Park Greenbelt, Trees Woods
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 10/14/2024 10:32 AM

Property Details for 3125 Southwest Vermont Street

StatusActive
MLS #24035734
Days on Market320
Taxes$6,115 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1923
Lot Size0.14 AC / 6,098 SF
CountyMultnomah County

Building Information for 3125 Southwest Vermont Street

Stories2Residences2Year Built1923Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 3125 Southwest Vermont Street

Summary
Location and General Information
  • Country: US
  • Directions: Vermont @ 31st, East of Hillsdale and West of Gabriel Park
  • Road Surface: Paved
School Information
  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Other
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,115.16
  • Parcel Number: R170108
  • Tax Legal Description: GLENELYN, BLOCK 9, N 26' OF S 73' OF E 6' OF LOT 9, LOT 10
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Gentle Sloping, Private, Secluded, Trees
  • Lot Size Square Feet: 6098.0
  • Lot Size Dimension: ~ 100ft X60
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1923
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air90, Forced Air95Plus
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Shake Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement, Unfinished
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $46,200.00
  • Gross Income Projected: $60,000.00
  • Gross Rent Multiplier: $13.63
  • Investor Information: According To Owner
  • Net Income Actual: $40,000.00
  • Operating Expense: $.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2600
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Deck, Furnished, Refrigerator
  • Unit Type 1 Rent: $2,500
  • Unit Type 1 SqFt: 1650.0
  • 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: 1
  • Unit Type 2 Features: Air Conditioning, Deck, Refrigerator, Storage
  • Unit Type 2 Rent: $1,350
  • Unit Type 2 SqFt: 750.0
  • Unit Type 2 Units Total: 1

Property History for 3125 Southwest Vermont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3125 Southwest Vermont Street

Taxable ValueLand-Additions-Total-
Tax Record2024$6,359 ($530 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,390 SqFtAbove Grade Finished SqFt1,390 SqFtUnfinished Basement SqFt300 SqFtStories1Lot Size5,584 SqFtStyleSingle Family ResidenceYear Built1923ZoningR2CountyMULTNOMAHAPN1S1E17DC 05900Fireplace TypeHas Fireplace

Schools near 3125 Southwest Vermont Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Hayhurst Elementary School
PublicK to 8

Gray Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

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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3125 Southwest Vermont Street is a multi-family home for sale in Portland, OR 97219. This property was listed for sale on February 1, 2024 by Kelly Right Real Estate of Portland, LLC, it's currently listed at $629,900. It has been on the market for a total of 320 days and was last sold on February 25, 2022. This listing's school district is Portland School District 1j. Nearby schools include Hayhurst Elementary School, Gray Middle School and Ida B. Wells-Barnett High School. 3125 Southwest Vermont Street is a 0-bed, 0-bath, 2,600 sqft multi-family home built in 1923.

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 Kelly Right Real Estate of Portland, LLC

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: 10/14/2024 10:32 AM