2940 SE Brooklyn St, Portland, OR 97202
Local realty services provided by:ERA Freeman & Associates, Realtors
2940 SE Brooklyn St,Portland, OR 97202
$1,750,000
- - Beds
- - Baths
- 9,072 sq. ft.
- Multi-family
- Pending
Listed by: benjamin ficker
Office: rarebird real estate503-451-0545
MLS#:274001977
Source:PORTLAND
Price summary
- Price:$1,750,000
- Price per sq. ft.:$192.9
About this home
A rare opportunity to acquire two immaculately maintained triplexes side by side in a highly sought-after Southeast Portland location. The properties are offered as a package and must sell and close together, giving a single owner immediate scale on one contiguous site.Every one of the six units is configured to attract and hold quality tenants. Each has its own private garage and its own private basement, accessible only to that tenant. Each has air conditioning. Hardwood floors run throughout. Most units have been updated, and new water service lines have been installed for both buildings.The grounds carry the same standard as the interiors. Impeccable landscaping, a beautiful shared courtyard, and a peaceful, established residential setting that keeps turnover low and tenant quality high.Operations are simple and expenses are light. Tenants pay their own water, sewer, and gas across all six units. The owner's only utility obligation is trash.In-place rents sit roughly 11% below market across the combined portfolio, delivering built-in upside as units turn naturally, without repositioning the asset or displacing tenants. Strong current income, minimal deferred maintenance, and a straightforward path to higher NOI.Assets of this size, condition, and configuration seldom come to market together in this submarket. The combined offering delivers small-portfolio efficiency with the tenant appeal of individual homes.Both properties must sell and close concurrently. All offers subject to interior inspection. Please do not disturb tenants....
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Home facts
- Year built:1959
- Subdivision & Development:RICHMOND
- Listing ID #:274001977
- Added:52 day(s) ago
- Updated:September 26, 2026 at 07:48 AM
Rooms and interior
- Basement Description:Unfinished
- Living area:9,072 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition, Shingle
- Year built:1959
- Building area:9,072 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Private, Secluded
- Levels:1 Story
Schools
- High school:Cleveland
- Middle school:Hosford
- Elementary school:Grout
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$192.9
- Tax amount:$25,456 (2025)
Parking
- Parking description:Attached Garage, Garage
- Garage spaces:6
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