This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland’s most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials
Listing Provided Courtesy of Steve Roesch, NextHome Realty Connection
General Information
24253308
244
DOM
4
5227.2 SqFt
3
5474
1926
R5
Multnomah
R221952
Glencoe 8/10
Mt Tabor 4/10
Franklin
MultiFamily
MT TABOR CENTRAL TR, BLOCK 2, LOT 14
Listing Provided Courtesy of Steve Roesch, NextHome Realty Connection
Krishna Realty data last checked: Jun 08, 2025 00:07 | Listing last modified Oct 24, 2024 15:35,
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Residence Information
5474
4
3
Composition
OnStreet
2
1926
No
WoodSiding
FullBasement
FullBasement
ConcretePerimeter
Features and Utilities
Baseboard, ForcedAir
PublicSewer
Electricity, Gas
Financial
12513.76
Gas,Heat,TrashCollection,Water
Cash,Conventional
10-07-2024
No
No
Comparable Information
244
244
Cash,Conventional
$1,050,000
$1,050,000
Oct 24, 2024 15:35
Schools
public Elementary : Glencoe
8/10Ratingspublic Middle : Mt Tabor
4/10Ratings High : FranklinN/ARatings
This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland’s most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials
