3620 South Kelly Avenue

Portland, OR 97239

$975,000
Price
Beds
3,750 Sq. Ft.
$260 / Sq. Ft.
3,750
Sq. Ft.
$260
per Sq. Ft.

Description

Fantastic Tri-Plex in Prime Location Offers Contemporary features while maintaining historic charm. Situated in Lair Hill neighborhood with superb access to OHSU, The Waterfront, Downtown, PSU, Nat Univ of Natural Medicine, Johns Landing...and just steps to the pedestrian bridge connecting the neighborhood to the S Waterfront District & Tram. Vintage features include wood floors, wood moldings & built-ins. All three units are above ground, well appointed & occupy their own floor, each with in unit...Fantastic Tri-Plex in Prime Location Offers Contemporary features while maintaining historic charm. Situated in Lair Hill neighborhood with superb access to OHSU, The Waterfront, Downtown, PSU, Nat Univ of Natural Medicine, Johns Landing...and just steps to the pedestrian bridge connecting the neighborhood to the S Waterfront District & Tram. Vintage features include wood floors, wood moldings & built-ins. All three units are above ground, well appointed & occupy their own floor, each with in unit washers & dryers. A generous size lot with yard & extensive decking offers some lovely Willamette River and Mt Hood views. Rare 2 car garage. Zoning changes since purchase confirm as legal tri-plex (buyer to verify) with RM1 offering potential for increased square footage/redevelopment. This is your opportunity to own a fantastic investment in Vibrant Close-In West Portland!
  1. Listed by Joanne Fantozzi • Premiere Property Group, LLC

Property Details for 3620 South Kelly Avenue

Subdivision
Lair Hill
Parking Features
Garage, On Street
Zoning
RM1
View
Mountain, River
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 09/04/2024 10:17 AM

Property Details for 3620 South Kelly Avenue

StatusActive
MLS #24117230
Days on Market84
Taxes$13,072 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 3620 South Kelly Avenue

Stories4Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 3620 South Kelly Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Gaines to Kelly
  • Road Surface: Paved
School Information
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $13,071.90
  • Parcel Number: R129234
  • Tax Legal Description: CARUTHERS ADD, BLOCK 154, LOT 6, S 1' OF LOT 7
Virtual Tour
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Gentle Sloping
  • Lot Size Square Feet: 5227.0
  • Lot Size Dimension: 5100
  • 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: 1900
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Unfinished
  • Foundation Details: Concrete Perimeter
  • Stories: 4
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $66,240.00
  • Gross Rent Multiplier: $14.72
  • Investor Information: According To Owner, Leases, Rent Records
  • Net Income Actual: $41,770.00
  • Operating Expense: $24,470.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3750
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,050
  • Unit Type 1 SqFt: 1033.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,950
  • Unit Type 2 SqFt: 1139.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,345
  • Unit Type 3 SqFt: 696.0
  • Unit Type 3 Units Total: 1

Schools near 3620 South Kelly 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 - K to 8
Rating
School
Distance
Capitol Hill Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3620 South Kelly Avenue is a multi-family home for sale in Portland, OR 97239. This property was listed for sale on June 15, 2024 by Premiere Property Group, LLC, it's currently listed at $975,000. This listing's school district is Portland School District 1j. Nearby schools include Capitol Hill Elementary School, Jackson Middle School and Ida B. Wells-Barnett High School. 3620 South Kelly Avenue is a 0-bed, 0-bath, 3,750 sqft multi-family home built in 1900.

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 Premiere Property Group, 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: 09/04/2024 10:17 AM