3324 SE 11TH AVE, Portland, OR 97202
- $838,000
- 3,368
- SqFt
- Sold Price
- $838,000
- List Price
- $845,000
- Closing Date
- May 01, 2026
- Days on Market
- 77
- MLS#
- 104622918
- Property Type
- Multifamily
- Sqft. of Residence
- 3,368
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
This well located fourplex was completely renovated in 2013, including new roof, windows, siding & sprinkler system. The property consists of two 1-bedrooms & two 2-bedrooms, along with one off-street parking space.All units feature a dishwasher, garbage disposal, stacked washer / dryer, range, and refrigerator. Garage has been converted to a secured storage area, with individual storage for each unit. Each unit has sprinklers installed, and is monitored by the Fire Department.The property has easy access to the bus lines on SE Powell or SE Milwaukie & the MAX line, both within a quarter mile. Quick commute into downtown. Close to restaurants and shopping. At a 5.68% cap rate & 10.76 GRM, this property provides steady cash flow from day one. This turnkey investment will provide consistent returns & long-term value growth.
Additional Information
- Tax Amount
- $11,733
- Year Built
- 1910
- High School
- Cleveland
- Elementary School
- Grout
- Middle School
- Hosford
- Acres
- 0.09
- Living Area
- 3,368
- Stories
- 2
- Subdivision
- BROOKLYN
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wall Heater, Zoned
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding, Lap Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Parking
- Assigned
- Security Or Entry
- Fire Sprinkler System
- Parking Description
- Assigned
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1700
- Unit Type One Sq Ft
- 985
- 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
- 1
- Unit Type Three Rent
- 1500
- Unit Type Three Sq Ft
- 654
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Rent
- 1425
- Unit Type Four Sq Ft
- 539
- Unit Type Four Units Total
- 1
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Listing courtesy of Township Properties Real Estate LLC. Selling Office: Lovejoy Real Estate.
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