CASH FLOWING; Triple the Opportunity! Live in One, Rent the Rest, Build Your Wealth. Cash-Flowing Triplex – Prime Location, Fully Occupied. Great opportunity for investors or owner-occupants! This well-maintained triplex offers three 2 bed / 1 bath units, all updated in 2021 with new laminate flooring and kitchen upgrades. The front lower unit features refinished hardwood floors, a decorative fireplace, and a private patio with small yard.Located just minutes from I-205, downtown Portland, and shopping, this property delivers consistent rental income and long-term upside. Fully occupied—start collecting income from day one or live in one unit and rent the rest.No sign or lockbox. Please do not disturb tenants. Buyer to verify all information.Please be advised that the trustee, is a licensed Realtor in Oregon.
Sold
$608,000
3509 SE 72nd Ave, Portland, OR 97206
6beds
2,442sqft
Multi Family
Built in 1977
-- sqft lot
$605,600 Zestimate®
$249/sqft
$2,538 Estimated rent
Home value
$605,600
$563,000 - $654,000
$2,538/mo
Zestimate® history
Owner options
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$3,739/mo
Est. payment
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Est. payment
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Decorative fireplaceRefinished hardwood floorsNew laminate flooringKitchen upgrades
Zillow last checked:
Listing updated:
Listed by:
Risa Davis 503-358-4311,
eXp Realty, LLC,
Lillie Barr 503-313-8806,
eXp Realty, LLC
Bought with:
Jacob Serrill, 201228311
Kelly Right Real Estate of Portland, LLC
Source: RMLS (OR),MLS#: 24054682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Crawl Space
Interior area
- Total structure area: 2,442
- Total interior livable area: 2,442 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 5,227 sqft
- Features: SqFt 5000 to 6999
Details
- Parcel number: R253873
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Foster-Powell Neighborhood
HOA & financial
Other financial information
- Total actual rent: 4345
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $608,000-2.7%$249/sqft |
Source:  RMLS (OR) #24054682 Report a problem | ||
| 5/29/2025 | Pending sale | $625,000$256/sqft |
Source: RMLS (OR) #24054682 Report a problem | ||
| 5/27/2025 | Price change | $625,000-2%$256/sqft |
Source: RMLS (OR) #24054682 Report a problem | ||
| 3/26/2025 | Price change | $638,000-0.2%$261/sqft |
Source: RMLS (OR) #24054682 Report a problem | ||
| 2/27/2025 | Price change | $639,000-1.7%$262/sqft |
Source: RMLS (OR) #24054682 Report a problem | ||
| 11/18/2024 | Listed for sale | $650,000+13%$266/sqft |
Source: RMLS (OR) #24054682 Report a problem | ||
| 1/5/2022 | Sold | $575,000-2.5%$235/sqft |
Source: RMLS (OR) #21348098 Report a problem | ||
| 10/21/2021 | Pending sale | $589,900$242/sqft |
Source: RMLS (OR) #21348098 Report a problem | ||
| 9/29/2021 | Listed for sale | $589,900$242/sqft |
Source: RMLS (OR) #21348098 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Foster-Powell
Nearby schools
GreatSchools rating
- 9/10Arleta Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Kellogg Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Arleta
- Middle: Kellogg
- High: Franklin
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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Estimated market value
$605,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$605,600
- Oregon
- Multnomah County
- Portland
- 97206
- Foster-Powell
- 3509 SE 72nd Ave
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