1120 SW Broadway Dr, Portland, OR 97201
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: mark jackson
Office: richard ballew realty503-314-6150
MLS#:374309510
Source:PORTLAND
Price summary
- Price:$850,000
About this home
CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you've been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. 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....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. "Rare Investment Opportunity - Triplex with Adjacent Vacant Lot Included at the right price...."...The vacant land is optioned to be purchased separately or bundled together.... MOTIVATED SELLER! BRING ALL OFFERS.......
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Home facts
- Year built:1904
- Listing ID #:374309510
- Added:218 day(s) ago
- Updated:April 23, 2026 at 11:22 AM
Rooms and interior
- Basement Description:Daylight
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1904
- Lot area:0.17 Acres
- Lot Features:Green Belt, Public Road, Sloped, Trees, Wooded
- Foundation Description:Slab
- Levels:3 Stories
Schools
- High school:Lincoln
- Middle school:West Sylvan
- Elementary school:Ainsworth
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$850,000
- Tax amount:$6,463 (2024)
Parking
- Parking description:On street
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