201 SE 176TH PL, Portland, OR 97233

  • $674,900

Overview

  • 3.0
    Car Garage
  • 3381 Sqft
    Property Size
  • 1977
    Year Built
  • MultiFamily
    Property Type
  • 171257531
    MLS#
  • 0.27 Acres
    Land Area
  • MORE Realty
    Office Name
  • Jeff Stephens
    Agent Name

Description

Turnkey triplex offering an exceptional opportunity to add a well-maintained, income-producing property to your rental portfolio—without the significant work or deferred maintenance often associated with multifamily investments. Each of the three spacious units lives more like a townhome than a traditional apartment, thanks to the appealing split-level design with the living room and kitchen upstairs and bedrooms and bathroom downstairs. The layout creates excellent separation between living and sleeping spaces while giving each unit a comfortable, house-like feel. Each unit also has its own private deck, garage, and additional off-street parking, while the large lot and quiet grassy backyard provide plenty of outdoor space. The property has been carefully maintained and updated, including newer exterior paint and updated flooring and carpet in many areas. All three units are occupied by clean, established tenants, providing immediate rental income and a smooth transition for the next owner. Unit 205 was previously an owner’s unit and features additional upgrades including a mini-split HVAC system with air conditioning, stainless steel appliances, a wonderfully remodeled bathroom and upgraded flooring. Large bay windows bring abundant natural light into the spacious living areas. Located on a nice block near Burnside Avenue and MAX light rail access, the property combines convenience with a quiet residential setting. With no significant work needed, strong existing tenancy, individual garages, spacious townhome-style floor plans, and potential for future rent increases, this is a rare opportunity to acquire a truly turnkey triplex that is ready to perform from day one.

Details

Updated on September 19, 2026 at 7:14 am
  • MLS# 171257531
  • Price $674,900
  • Property Size 3381 Sqft
  • Land Area 0.27 Acres
  • Car Garage 3.0
  • Garage Size x x
  • Year Built 1977
  • Property Type MultiFamily
  • Property Status Active
  • Office Name MORE Realty
  • Agent Name Jeff Stephens
  • Office Phone 503-353-6673

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Baseboard, Mini Split
  • County Multnomah
  • Property Type MultiFamily
  • Parking Driveway, Garage
  • Elementary School Alder
  • Middle School Centennial
  • High School Reynolds

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