Exceptional value-add triplex in the Brooklyn neighborhood of Southeast Portland. This well-located property offers three spacious units on a large lot, presenting a rare opportunity for investors to unlock significant upside. New 45 year roof, new gutters. Current rents are substantially below market, providing strong long-term income growth potential. Each unit has generous layouts, and the property is very close to Downtown Portland, Division Street, Sellwood, and major transit corridors. Each unit has wood burning fireplace. Two units have views of the Willamette River and Downtown PDX. Large deck off 3-bdrm, and large shared yard. 6 parking spaces and 1-car garage. Do not disturb tenants.
Pending
$775,000
3371 SE 7th Ave, Portland, OR 97202
7beds
2,937sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$264/sqft
$-- HOA
What's special
Wood burning fireplaceLarge shared yardGenerous layoutsLarge lotSpacious unitsNew gutters
- 89 days |
- 18 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Stuart Stevens 503-858-4089,
Realty Portland
Source: RMLS (OR),MLS#: 409599577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Fireplace(s)
Appliances
- Included: Washer/Dryer, Refrigerator
Features
- Storage
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 2,937
- Total interior livable area: 2,937 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage, Off Street
- Garage spaces: 1
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: City, River
- Has water view: Yes
- Water view: River
Lot
- Size: 8,712 Square Feet
- Features: Corner Lot, SqFt 7000 to 9999
Details
- Parcel number: R212122
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
Condition
- Existing
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Portland
Financial & listing details
- Price per square foot: $264/sqft
- Annual tax amount: $10,258
- Date on market: 5/16/2026
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional
- Total actual rent: 3930
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Pending sale | $775,000$264/sqft |
Source:  RMLS (OR) #409599577 Report a problem | ||
| 5/16/2026 | Listed for sale | $775,000$264/sqft |
Source: RMLS (OR) #409599577 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Brooklyn
Nearby schools
GreatSchools rating
- 9/10Grout Elementary SchoolGrades: K-5Distance: 1.4 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Grout
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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