121 SE 30th Pl, Portland, OR 97214

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
#1#2#3
121 SE 30th Pl,Portland, OR 97214
$1,100,000
  • - Beds
  • - Baths
  • 3,240 sq. ft.
  • Multi-family
  • Active
Listed by:teri toombs
Office:wood land realty
MLS#:493082979
Source:PORTLAND

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$339.51

About this home

Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 7.44 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 $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots

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Home facts

  • Year built:1965
  • Listing Id #:493082979
  • Added:928 day(s) ago
  • Updated:August 14, 2025 at 11:13 AM

Rooms and interior

  • Living area:3,240 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:3,240 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Franklin
  • Middle school:Sunnyside Env
  • Elementary school:Sunnyside Env

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$339.51
  • Tax amount:$10,810 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 14, 2025

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