Fully remodeled units that rent quickly and have low taxes...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. 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....View, View, View...Abundant wildlife...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. Cap Rate based on projected income from the rented units and the owner occupied unit is 6.65.
Listing Provided Courtesy of Mark Jackson, Richard Ballew Realty
General Information
374309510
7
DOM
5
7405.2 SqFt
3
2124
1904
R10
Multnomah
R327777
Ainsworth 9/10
West Sylvan
Lincoln
MultiFamily
SECTION 09 1S 1E, TL 4000 0.17 ACRES
Listing Provided Courtesy of Mark Jackson, Richard Ballew Realty
Krishna Realty data last checked: Sep 17, 2025 10:09 | Listing last modified Sep 16, 2025 17:53,
Source:
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Residence Information
2124
5
3
Composition
OnStreet
3
1904
No
VinylSiding
Daylight
Daylight
Slab
Features and Utilities
None
Tank
Baseboard, ForcedAir
SepticTank
Tank
Electricity, Gas
Financial
6463.17
0
Electricity,Heat,Sewer,TrashCollection,Water
Cash,Conventional
09-10-2025
No
No
Comparable Information
7
7
Cash,Conventional
$899,000
$899,000
Sep 16, 2025 17:53
Schools
public Elementary : Ainsworth
9/10Ratings Middle : West Sylvan N/ARatings High : LincolnN/ARatings
Fully remodeled units that rent quickly and have low taxes...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. 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....View, View, View...Abundant wildlife...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. Cap Rate based on projected income from the rented units and the owner occupied unit is 6.65.
