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Listed by Rarebird Real Estate

$875,000

Est. payment - /mo

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2,736 SqFt

New

3002 SE BROOKLYN ST Portland, OR 97202

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $319

Subdivision Richmond

MLS Listing ID 715983655

HOA Y/N No

Year Built 1959

Annual Tax Amount $12,727

Tax Year 2025

Lot Size 6,098 Sqft

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.

Location

State OR

County Multnomah

Area _143

Zoning R5

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Exterior

Garage Spaces 3.0

Roof Type Composition,Shingle

Garage No

Building

Lot Description Private, Secluded

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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