1120 SW Broadway Dr, Portland, OR 97201
Local realty services provided by:Knipe Realty ERA Powered
Listed by:mark jackson
Office:richard ballew realty
MLS#:374309510
Source:PORTLAND
Price summary
- Price:$850,000
About this home
CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...The electrical was just completed(all new service) so this building is a legal tri-plex. Quartz countertops, high end LVP flooring, 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 typified by the latest rental of unit 'A'...50 inquiries in 72 hours...it had to be shut down...Taxes are low at $6,214.72. MOTIVATED SELLER! BRING ALL OFFERS....ALL UNITS CURRENTLY RENTED....
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Home facts
- Year built:1904
- Listing ID #:374309510
- Added:41 day(s) ago
- Updated:October 26, 2025 at 11:19 AM
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1904
- Lot area:0.17 Acres
Schools
- High school:Lincoln
- Middle school:West Sylvan
- Elementary school:Ainsworth
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$850,000
- Tax amount:$6,463 (2024)
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