1120 SW BROADWAY DR, Portland, OR 97201

  • $850,000
  • $899,000

Overview

  • 1904
    Year Built
  • MultiFamily
    Property Type
  • 374309510
    MLS#
  • 0.17 Acres
    Land Area
  • Richard Ballew Realty
    Office Name
  • Mark Jackson
    Agent Name

Description

CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER…This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you’ve been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife….all CLOSE TO DOWNTOWN WITH OHSU CLOSER. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop….Remarkable rent history…Taxes are low at $6,214.72. “Rare Investment Opportunity – Triplex with Adjacent Vacant Lot Included at the right price….”…The vacant land is optioned to be purchased separately or bundled together…. MOTIVATED SELLER! BRING ALL OFFERS….

Details

Updated on June 1, 2026 at 4:28 pm
  • MLS# 374309510
  • Price $850,000
  • Land Area 0.17 Acres
  • Garage Size x x
  • Year Built 1904
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Richard Ballew Realty
  • Agent Name Mark Jackson
  • Office Phone 503-314-6150

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Septic Tank
  • Cooling None
  • Heating Baseboard, Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking On Street
  • Elementary School Ainsworth
  • Middle School West Sylvan
  • High School Lincoln

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