3230 SE 122ND AVEPortland, OR97236
$365,000
2 total units
$62,400 annual income
Capitilization Rate: 12.65
SqFt15000to19999
Elementary School: Mill Park
Middle School: Ron Russell
High School: David Douglas
Zoning: RM2
1071 days on market
VestorFilter™
Price per unit$182.5K/unit
Recent price drop$385,000
Time on market1071 days
Property Description
Here's a great opportunity to acquire six units to update and increase rents, add new units, or remove to build with greater density. Zoning is RM2 - medium residential. Sale includes two lots - one has two separate houses, the other is two duplexes. Ask agent for breakdown; please don't access property or disturb tenants.
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Financial Data
Date Sold2021-07-23
Sold Price$365,000
Price ChangeDropped $385,000 on 04/26/2023
Total $410,000 drop
Total $410,000 drop
Original Price$775,000
Current Price$365,000
Property Taxes$7,552
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Home Facts
StatusSold
Year Built1920
MLS ID21549048
Unit Details
Unit 1
Unit 2