3116 SE 7TH AVE Portland, OR97202

$525,000
2 total units
4 total bedrooms
2 total bathrooms
$37,733 annual income
Capitilization Rate: 3.92
2905 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Grout
Middle School: Hosford
High School: Cleveland
Zoning: R2.5
1083 days on market
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Price per unit$262.5K/unit
Price per ft²$180.72/ft²
Recent price drop$50,000
Price per acre$4.47M/ac
Price per bedroom$131.3K/bed
Time on market1083 days

Property Description

Charming duplex located in the popular Brooklyn area. Converted from single family and could be returned to single family use. Perfect investment opportunity. 87 walk score and 89 bike score, so you can get everywhere you need to be without a car. Vintage features make this building stand out. Spacious yard for outdoor entertaining.

{{ compliance-logo }}Listing Provided By The Hasson Company

Financial Data

Date Sold2021-06-30
Sold Price$525,000
Price ChangeDropped $50,000 on 07/01/2021
Total $50,000 drop
Original Price$575,000
Current Price$525,000
Property Taxes$5,668

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Home Facts

StatusSold
Year Built1896
Stories3
Green/Energy SupplementNo
Exterior Features
MLS ID21165094

Unit Details

Unit 1
Unit 2