3123 SE 31ST AVE, Portland, OR 97202 | 21369713 | Prime Alliance Real Estate Services

3123 SE 31ST AVE $849,900

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    3123 SE 31ST AVE Portland, OR 97202

    • 6 Beds
    • 4 Baths
    • Multi-Family
    • Listing# 21369713
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    Views: 21 Days On Site: 14

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    Property Details

    Description Tours

    Welcome to the light and bright Richmond plex! Steps to Clinton District & Division for dining, coffee, boutiques, and groceries. Steps in the other direction you'll find the school track, the Safeway, bus. Well run and maintained, potential income over $62,800. Always leased! Shared w/d + A has own in unit. Rents incl. W/S/G. Call ASAP to see 2 units before leased. This is prime to convert back to SFR if desired!

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 5.97
      • Cooling Description Window Unit(s)
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 62800
      • Gross Income Projected 62800
      • Gross Rent Multiplier 13.53
      • Heating Description Forced Air
      • Hot Water Description Other
      • Net Income Actual 50754
      • Net Income Projected 50754
      • Number Of Units Total 3
      • Occupancy Types Leased,Month To Month,Vacant
      • Operating Expenses Actual 11742
      • Operating Expenses Projected 11742
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 3
      • Subdivision Richmond
      • Supplement Number 2
      • Tax Amount 7142.98
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Type City
      • View Y/N Yes
      • Water Description Public
      • Year Built 1912
      • Zoning R5
    • Building Features
      • Amenities Neighborhood Features Walkable, close to downtown by bus/car.
      • App Dist Bike Path 3.00 Miles
      • App Dist Public Bus 0.25 Miles
      • App Dist Public Park 0.50 Miles
      • App Dist School Bus 0.25 Miles
      • App Dist Shopping 0.25 Miles
      • App Dist Waterfront 1.50 Miles
      • Basement Separate Living Quarters/Apartment/Aux Living Unit,Partially Finished
      • Basement1 Concrete Perimeter
      • Exterior Description Lap Siding
      • SqFt Approximate Building Total 3046
      • Storage Basement
      • 1 1
      • 1 2
      • 1 Range,Refrigerator,Unfurnished,Washer/Dryer
      • 1 1708
      • 1 924
      • 1 1
      • 2 1
      • 2 2
      • 2 Dishwasher,Range,Refrigerator,Wood Floors
      • 2 1895
      • 2 1098
      • 2 1
      • 3 2
      • 3 2
      • 3 Dishwasher,Microwave,Range,Refrigerator
      • 3 1500
      • 3 600
      • 3 1
      • UnitFeatures Dishwasher,Microwave,Range,Refrigerator,Unfurnished,Washer/Dryer,Wood Floors
      • UnitTypeType 1,2,3
    • Room Features
      • Legal Description WAVERLEIGH HTS, BLOCK 19, N 43' OF LOT 10&11
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level
      • Lot Size 3,000 to 4,999 SqFt
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School Grout
      • High School Cleveland
      • Middle School Hosford

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    Neighborhood

    97202 (Portland) Demographics

    35 Median Age
    6,582 Population Density (per sq. mile)
    65% College Educated
    $61,768 Estimated Median Income
    8,860 Estimated Total Home Owners
    9,150 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    41,719 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $592,500 Median Sales Price
    57 Homes Sold
    99 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $849,900
        8/2/2021 8:36:19 PM Price Reduced Source: Multiple Listing Service New Value: $849,900 -5.56%
        7/21/2021 7:07:00 PM New in Database Source: Multiple Listing Service New Value: $899,900

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        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 Prime Alliance Real Estate Services are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 8/4/2021 12:22:27 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.