3311 3315 SE 127th Pl, Portland, OR 97236
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: brian eustis
Office: rarebird real estate503-451-0545
MLS#:770612929
Source:PORTLAND
Price summary
- Price:$400,000
- Price per sq. ft.:$297.18
About this home
Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6.75% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify....
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Home facts
- Year built:1950
- Listing ID #:770612929
- Added:61 day(s) ago
- Updated:May 14, 2026 at 07:25 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:1,346 sq. ft.
Structure and exterior
- Roof:Composition, Shingle
- Year built:1950
- Building area:1,346 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Level, Public Road
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:David Douglas
- Middle school:Ron Russell
- Elementary school:Mill Park
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$297.18
- Tax amount:$3,799 (2025)
Parking
- Total parking spaces:4
- Parking description:Off Street
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