3929 SE 70TH AVE Portland, OR 97206
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Price:
$599,995
Units:
2
Acres:
0.11
Unit 1:
4 Bed 2.0 Bath
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Unit 2:
1 Bed 1.0 Bath
Features: Range, Refrigerator
MLS#:
107490662
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
1906
Taxe/yr:
$5,885.05
County:
Multnomah
Status:
Active
Levels:
3
Heat:
Forced Air, Zoned
Nhood/Bldg:
FOSTER - POWELL
Elem:
Arleta
Middle:
Kellogg
High:
Franklin
Lot Desc:
Corner Lot
Area:
Portland Southeast
Courtesy of:
Premiere Property Group, LLC
Remarks:
Great FoPo investment opportunity in this spacious Four Square home! This price includes a new roof to be installed prior to closing. Currently configured as a duplex and on record as a triplex, this property offers multiple ways to maximize value with 5 bedrooms, possibly 6 with a non-conforming bedroom in the lower level. The existing layout could be converted back to a triplex, creating an opportunity for additional rental income and equity growth. The lower level features a separate entrance, kitchenette with range and refrigerator, one legal bedroom, and a second non-conforming bedroom. The main floor includes a full kitchen, bedroom, dining room, utility room, and living area. Upstairs, two bedrooms are already in place, along with flexible space that could be a third bedroom or additional living area with a kitchen. A finished attic adds even more usable square footage and room to expand. Situated on a corner lot, the property also offers the potential of adding additional unit or tiny home. Recent updates include fresh interior paint and new carpets. With its multi-unit configuration, flexible floor plan, and opportunities for further development, this property is well suited for an investor looking to increase rental income and build equity. Located in the heart of Foster-Powell with a 100 Bike Score, the property offers easy access to Kern Park, local shops, restaurants, and favorite FoPo neighborhood amenities.
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