3311 3315 SE 127TH PL, Portland, OR 97236

  • $424,900

Overview

  • 1346 Sqft
    Property Size
  • 1950
    Year Built
  • MultiFamily
    Property Type
  • 770612929
    MLS#
  • 0.26 Acres
    Land Area
  • Rarebird Real Estate
    Office Name
  • Brian Eustis
    Agent Name

Description

Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates – buyer to verify.

Details

Updated on March 13, 2026 at 8:48 pm
  • MLS# 770612929
  • Price $424,900
  • Property Size 1346 Sqft
  • Land Area 0.26 Acres
  • Garage Size x x
  • Year Built 1950
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Rarebird Real Estate
  • Agent Name Brian Eustis
  • Office Phone 503-451-0545

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition, Shingle
  • Sewer Public Sewer
  • Cooling None
  • Heating Wall Heater
  • County Multnomah
  • Property Type MultiFamily
  • Parking Off Street
  • Elementary School Mill Park
  • Middle School Ron Russell
  • High School David Douglas

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