$875,000

3002 Se BROOKLYN St, Portland, OR 97202

  • 4,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

A rare offering in one of Southeast Portland's most established rental corridors: a well-cared-for triplex sold together with the adjacent triplex, creating a six-unit package under single ownership. Both buildings must close concurrently.What separates these units from typical Portland triplexes is the private space. Every unit comes with its own garage and its own basement, accessible to that tenant alone. Add central air conditioning and original hardwood floors in each unit, and these rent like single-family homes rather than apartments.Most units have already been updated. New water service lines have been run to the building. Landscaping is meticulously kept, and the shared courtyard gives the property a calm, residential character that keeps turnover low and referrals steady.The expense structure favors ownership. Water, sewer, and gas are all billed directly to tenants. Trash is the owner's only utility obligation.In-place rents are running roughly 10.63% under market, leaving clear organic upside as units turn. Combined with light operating costs and minimal deferred maintenance, the result is a stabilized asset with room to grow NOI without a heavy capital plan.Location, condition, and unit configuration rarely line up like this at this size.Must sell in conjunction with the neighboring triplex. All offers subject to interior inspection. Please do not disturb tenants.

Listing Status:
Active
Date Added:
July 30, 2026
Data Last Updated:
August 6, 2026 at 2:42AM
Listing Office:
Rarebird Real Estate : 503-451-0545
Listing Agent:
Benjamin Ficker : 971-273-5547
MLS ID:
715983655
  • 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 20LOT 15E 1/2 OF LOT 16R298878
  • 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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