40
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Listed by Opt
$795,000
Est. payment /mo
4,854 SqFt
New
2421 SE 52ND AVE Portland, OR 97206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,854 sqft
Price per Sqft $163
Subdivision Richmond / Mt Tabor
MLS Listing ID 386619075
Year Built 1957
Annual Tax Amount $10,601
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning RM1
Rooms
Basement Full Basement
Interior
Heating Wall Heater
Exterior
Community Features Laundry
Roof Type Composition,Shingle
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Atkinson
Middle Schools Harrison Park
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS