3907 SE SALMON ST, Portland, OR 97214

$950,000
2,420
SqFt

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List Price
$950,000
Days on Market
1
MLS#
617602181
Property Type
Multifamily
Sqft. of Residence
2,420
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income.The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property’s SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes.Whether you're an experienced investor looking to add to your portfolio or exploring your first multifamily investment, 3907 SE Salmon St presents an opportunity to own a residential income property in one of Portland's established and desirable areas.

Additional Information

Tax Amount
$10,149
Year Built
1978
High School
Franklin
Elementary School
Sunnyside Env
Middle School
Sunnyside Env
Acres
0.20
Living Area
2,420
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Wall Furnace
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
City
Parking
Assigned
Parking Description
Assigned
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1768
Unit Type One Sq Ft
756
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
2070
Unit Type Three Sq Ft
880
Unit Type Three Units Total
1

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Engel & Volkers Portland Rose City.

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