$1,750,000

2940 Se BROOKLYN St, Portland, OR 97202

  • 9,072 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

A rare opportunity to acquire two immaculately maintained triplexes side by side in a highly sought-after Southeast Portland location. The properties are offered as a package and must sell and close together, giving a single owner immediate scale on one contiguous site.Every one of the six units is configured to attract and hold quality tenants. Each has its own private garage and its own private basement, accessible only to that tenant. Each has air conditioning. Hardwood floors run throughout. Most units have been updated, and new water service lines have been installed for both buildings.The grounds carry the same standard as the interiors. Impeccable landscaping, a beautiful shared courtyard, and a peaceful, established residential setting that keeps turnover low and tenant quality high.Operations are simple and expenses are light. Tenants pay their own water, sewer, and gas across all six units. The owner's only utility obligation is trash.In-place rents sit roughly 11% below market across the combined portfolio, delivering built-in upside as units turn naturally, without repositioning the asset or displacing tenants. Strong current income, minimal deferred maintenance, and a straightforward path to higher NOI.Assets of this size, condition, and configuration seldom come to market together in this submarket. The combined offering delivers small-portfolio efficiency with the tenant appeal of individual homes.Both properties must sell and close concurrently. All offers subject to interior inspection. Please do not disturb tenants.

Listing Status:
Active
Date Added:
July 31, 2026
Data Last Updated:
August 6, 2026 at 12:40AM
Listing Office:
Rarebird Real Estate : 503-451-0545
Listing Agent:
Benjamin Ficker : 971-273-5547
MLS ID:
274001977
  • Basement: Unfinished
  • A/C: Central air
  • Heating: Forced air
  • General: Stucco
  • Parking: AttachedGarage
  • Roofing: CompositionShingle
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: R5WAVERLEIGH HTSBLOCK 20W 1/2 OF LOT 16LOT 17R298879R298878
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Benjamin Ficker , Rarebird Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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