1700 NE 231st Ct, Wood Village, OR 97060

Wood Village
Local realty services provided by:ERA Freeman & Associates, Realtors
1700 NE 231st Ct,Woodvillage, OR 97060
$819,900
  • - Beds
  • - Baths
  • 2,716 sq. ft.
  • Multi-family
  • Active
Listed by: cindy smith
Office: re/max equity group503-653-0607
MLS#:211596624
Source:PORTLAND

Price summary

  • Price:$819,900
  • Price per sq. ft.:$301.88

About this home

Portland Area Investors!! Are you looking for an investment property with great cash flow that pencils out to an excellent cap rate, AND isn't impacted by City of Portland rental laws? 2026 cap rate projected at 6.41. This Wood Village triplex is in a great location and has been exceptionally well cared for. The large .25-acre lot is on a quiet cul-de-sac with quick access to I-84, bus lines, public parks, dining, retail and outlet shopping. Recent investment of approximately $25K in improvements. The units have all benefited from interior updates intended to keep maintenance costs low. Each one level unit has a washer/dryer hookup, a fully fenced yard, and a covered patio. Two units have new storage sheds for renters' use. The numerous updates you'll find inside and out include new exterior paint in 2021, vinyl windows, LVP flooring, and even granite countertops & stainless-steel kitchen appliances in one unit. There are also 7 off-street parking spaces. This is a unique opportunity...

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Home facts

  • Year built:1980
  • Listing ID #:211596624
  • Added:99 day(s) ago
  • Updated:August 12, 2026 at 11:57 AM

Rooms and interior

  • Living area:2,716 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:2,716 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:Cul De Sac
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:Reynolds
  • Middle school:Reynolds
  • Elementary school:Salish Ponds

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$819,900
  • Price per sq. ft.:$301.88
  • Tax amount:$5,360 (2025)

Parking

  • Total parking spaces:7
  • Parking description:Assigned, Paved
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

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