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...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....
Active
$850,000
1120 SW Broadway Dr, Portland, OR 97201
5beds
2,124sqft
Multi Family
Built in 1904
-- sqft lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
Abundant wildlifeKitchen cabinetsAcia wood kitchen countertopBarn doorsLed lightingNew carpetHigh end lvp flooring
- 297 days |
- 359 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Mark Jackson 360-607-1934,
Richard Ballew Realty
Source: RMLS (OR),MLS#: 374309510
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Tank Water Heater
Features
- Basement: Daylight
Interior area
- Total structure area: 2,124
- Total interior livable area: 2,124 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Park/Greenbelt, Trees/Woods, Valley
Lot
- Size: 7,405 Square Feet
- Features: Greenbelt, Sloped, Trees, Wooded, SqFt 7000 to 9999
Details
- Parcel number: R327777
- Zoning: R10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1904
Utilities & green energy
- Gas: Gas
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $546,090
- Annual tax amount: $6,463
- Date on market: 9/10/2025
- Listing terms: Cash,Conventional
- Total actual rent: 6005
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Listed for sale | $850,000$400/sqft |
Source:  RMLS (OR) #374309510 Report a problem | ||
| 11/14/2025 | Listing removed | $850,000$400/sqft |
Source: RMLS (OR) #374309510 Report a problem | ||
| 10/23/2025 | Price change | $850,000-5.5%$400/sqft |
Source: RMLS (OR) #374309510 Report a problem | ||
| 9/17/2025 | Listed for sale | $899,000+799%$423/sqft |
Source: RMLS (OR) #374309510 Report a problem | ||
| 3/5/2025 | Listing removed | $2,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2025 | Listed for rent | $2,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/2/2023 | Listed for rent | $2,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2019 | Sold | $100,000-69.7%$47/sqft |
Source: Public Record Report a problem | ||
| 11/17/2017 | Listing removed | $330,000$155/sqft |
Source: Hasson #17577292 Report a problem | ||
| 8/22/2017 | Listed for sale | $330,000$155/sqft |
Source: Hasson #17577292 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,704 +3.7% | $249,040 +3% |
| 2024 | $6,463 +4% | $241,790 +3% |
| 2023 | $6,215 +2.2% | $234,750 +3% |
| 2022 | $6,080 +1.7% | $227,920 +3% |
| 2021 | $5,978 +9% | $221,290 +3% |
| 2020 | $5,483 +8.4% | $214,850 +7.6% |
| 2019 | $5,058 | $199,760 +3% |
| 2018 | $5,058 +3% | $193,950 +3% |
| 2017 | $4,909 +14% | $188,310 +3% |
| 2016 | $4,306 | $182,830 +3% |
| 2015 | $4,306 +2.7% | $177,510 +3% |
| 2014 | $4,193 +3.9% | $172,340 +3% |
| 2013 | $4,034 +10.5% | $167,330 +3% |
| 2012 | $3,649 +3.9% | $162,460 +3% |
| 2011 | $3,511 +5.5% | $157,730 +3% |
| 2010 | $3,327 +2.7% | $153,140 +3% |
| 2009 | $3,239 +5.9% | $148,680 +3% |
| 2008 | $3,058 +9.5% | $144,350 +12.5% |
| 2007 | $2,793 +11.4% | $128,270 +3% |
| 2006 | $2,508 +4.7% | $124,540 +3% |
| 2005 | $2,394 -8.4% | $120,920 +3% |
| 2004 | $2,613 +7.7% | $117,400 +3% |
| 2003 | $2,425 +5.6% | $113,990 +3% |
| 2002 | $2,296 +8% | $110,670 +6.1% |
| 2000 | $2,127 | $104,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Southwest Hills
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97201
- Southwest Hills
- 1120 SW Broadway Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Portland Topics
