OR > Portland > Kerns
Portland, OR 97214,121 SE 30TH PL
Portland, OR 97214,121 SE 30TH PL
Portland, OR 97214,121 SE 30TH PL
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Listed by Wood Land Realty • 503-522-1691
$1,200,000
Est. payment /mo
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3,240 SqFt
Active

121 SE 30TH PL Portland, OR 97214

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Suzanne Clark

Suzanne Clark

+1(503) 806-9332

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $370

Subdivision Kerns

MLS Listing ID 493082979

Year Built 1965

Annual Tax Amount $10,810

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

What are you waiting for? Come see this solid investment in a desirable location. Mid-century 4 Plex with variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated NEW 6.33 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. Four units + 3 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

Regional Multiple Listing Service (RMLS)

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agent

Suzanne Clark

Your Trusted Advisor, Principle Broker, Licensed in OR | License ID: 200608182

+1(503) 806-9332

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121 SE 30TH PL