121 SE 30TH PL Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97214
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $378
Subdivision Kerns
MLS Listing ID 493082979
Year Built 1965
Annual Tax Amount $10,810
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Investors Moneymaker + Enticing owner-occupant option. Here's your chance to create your own dream compound that is ready to soar. Mid-century 4 Plex with 3 units available for immediate enjoyment. Lots of opportunity to increase return on investment with this buy. Estimated NEW 6.2 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. A variety of unit sizes + separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional income on 3 separately leased garage spaces ($190, $190, $215). Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Your favorite everything is just around the corner. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area to dwell for those drawn to the ease of living near work, food and fun, with many nearby parks.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning R2.5
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Wall Heater
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Sunnyside Env
Middle Schools Sunnyside Env
High Schools Franklin
Others
Acceptable Financing Conventional
Listing Terms Conventional