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Listed by MORE Realty • 425-923-7823
$615,000
Est. payment /mo
3,005 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,005 sqft
Price per Sqft $204
MLS Listing ID 673952230
HOA Y/N No
Year Built 2003
Annual Tax Amount $6,613
Tax Year 2025
Lot Size 9,147 Sqft
Property Description
No HOA Fantastic Investment Opportunity or Owner Occupied Duplex!Don't miss this well maintained duplex at 2926 to 2930 SE 125th Ave, Portland, offering the perfect opportunity to live in one unit while generating rental income from the other. Situated as an end unit, the property enjoys added privacy and a more desirable setting.One side (2930) is occupied by a reliable long term tenant of over six years, currently paying $2,300 per month, providing immediate and stable rental income. The vacant unit (2926) has been extensively updated and is move in ready, featuring fresh interior paint, new kitchen cabinets, new countertops, luxury vinyl plank flooring, and beautifully renovated bathrooms with tile flooring all completed in 2026. Market rents are estimated at $2,500+ per month per unit, offering excellent income potential.Additional improvements include new exterior paint, enhancing the property's curb appeal and reducing future maintenance. Whether you're an investor seeking a strong income producing property or a homeowner looking to offset your mortgage with rental income, this duplex offers outstanding flexibility and value.Conveniently located near shopping, dining, parks, schools, and major commuter routes, this is a rare opportunity to own a well maintained, income producing property in a desirable Portland location. No HOA, quality updates, strong rental potential, and the flexibility to live in one unit or rent both make this an exceptional opportunity for investors and owner occupants alike.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Level, Trees
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Mill Park
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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