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About This Home

This 3-bedroom, 2-bathroom residential multi family at 3311 3315 SE 127TH Pl in Portland, OR is listed for $424,900 ($316 per sqft). Built in 1950, the home offers 1,346 sqft of living space on a 0.26 acres lot.

Agent Description

Exceptional investment opportunity in Portland's Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one.

Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures.

Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants - rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage.

Don't miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.

Key Features

  • Built in 1950
  • 0.26 acre lot

Property Details

1 story
2 full
1950

Monthly Cost Estimate

$2,272/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,841
Insurance$124

Estimates only. Actual payments may vary.

Location

3311 3315 SE 127TH Pl

Portland, OR 97236

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 3311 3315 SE 127TH Pl is listed at $424,900 ($316/sqft). The estimated monthly payment is $1,841 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.26 acre lot.

This property is listed by Brian Eustis and can be reached at 5034904001 or Brian.eustis@gmail.com.

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BE

Brian Eustis

Agent at Rarebird Real Estate

(503) 490-4001

Listed by Rarebird Real Estate

MLS# 770612929· Source: listhub· Updated 28 days ago

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3311 3315 SE 127TH Pl, Portland, OR 97236

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