3509 Southeast 72nd Avenue

Portland, OR 97206

$650,000
Price
Beds
2,442 Sq. Ft.
$266 / Sq. Ft.
2,442
Sq. Ft.
$266
per Sq. Ft.

Description

This property features a tri-plex situated in an excellent location, conveniently positioned on a bus line and just minutes from I-205. Please note that there is no sign or lockbox on the premises. Showings will be conducted only upon acceptance of an offer, and all units are currently occupied. We kindly ask that you do not disturb the tenants. Each unit within this tri-plex comprises two bedrooms and one bathroom. All units underwent updates in 2021, including new laminate flooring and kitchen...This property features a tri-plex situated in an excellent location, conveniently positioned on a bus line and just minutes from I-205. Please note that there is no sign or lockbox on the premises. Showings will be conducted only upon acceptance of an offer, and all units are currently occupied. We kindly ask that you do not disturb the tenants. Each unit within this tri-plex comprises two bedrooms and one bathroom. All units underwent updates in 2021, including new laminate flooring and kitchen enhancements. The front lower unit boasts refinished hardwood floors, a decorative rock fireplace, and a patio with a small yard. The property offers easy access to downtown Portland, shopping, and I-205. Prospective buyers are encouraged to verify all information. Please be advised that the trustee, Risa Davis, is a licensed Realtor in Oregon.
  1. Listed by Risa Davis • eXp Realty, LLC • 503-358-4311
  2. Listed by Lillie Barr • eXp Realty, LLC

Property Details for 3509 Southeast 72nd Avenue

Subdivision
FOSTER-POWELL NEIGHBORHOOD
Parking Features
Driveway
Zoning
RM2
Garage Spaces
.00
Parking Total
3.00
LISTING UPDATED: 11/25/2024 01:11 PM

Property Details for 3509 Southeast 72nd Avenue

StatusActive
MLS #24054682
Days on Market14
Taxes$7,246 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1977
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 3509 Southeast 72nd Avenue

Stories2Residences3Year Built1977Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 3509 Southeast 72nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Corner 72ND AVE and POWELL Blvd
  • Road Surface: Paved
School Information
  • Elementary School: Arleta
  • High School: Franklin
  • Middle Or Junior School: Kellogg
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,245.88
  • Parcel Number: R253873
  • Tax Legal Description: RESERVOIR PK, BLOCK 10, S 50' OF N 100' OF E 100' OF LOT 1
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • 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: Existing
  • Year Built: 1977
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $50,580.00
  • Gross Income Projected: $54,000.00
  • Gross Rent Multiplier: $12.85
  • Investor Information: Profit Loss Statement, Rent Records
  • Net Income Actual: $39,258.00
  • Net Income Projected: 66000
  • Operating Expenses Projected: $12,000.00
  • Operating Expense: $11,322.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2442
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: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,425
  • Unit Type 1 SqFt: 902.0
  • 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: Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,395
  • Unit Type 2 SqFt: 770.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 3 Rent: $1,395
  • Unit Type 3 SqFt: 770.0
  • Unit Type 3 Units Total: 1

Schools near 3509 Southeast 72nd Avenue

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

Kellogg Middle School
Public6 to 8

Franklin High School
Public9 to 12

Benson Polytechnic 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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3509 Southeast 72nd Avenue is a multi-family home for sale in Portland, OR 97206. This property was listed for sale on November 18, 2024 by eXp Realty, LLC, it's currently listed at $650,000. This listing's school district is Portland School District 1j. Nearby schools include Arleta Elementary School, Kellogg Middle School and Franklin High School. 3509 Southeast 72nd Avenue is a 0-bed, 0-bath, 2,442 sqft multi-family home built in 1977.

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 eXp Realty, 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: 11/25/2024 01:11 PM