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Listed by Engel & Volkers Portland Rose City
$ 950,000
Est. payment | /mo
2,420 SqFt
$ 950,000
Est. payment | /mo
2,420 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,420 sqft
Price per Sqft $392
MLS Listing ID 617602181
HOA Y/N No
Year Built 1978
Annual Tax Amount $10,149
Tax Year 2025
Lot Size 8,712 Sqft
Property Description
Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income.The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property's SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes.Whether you're an experienced investor looking to add to your portfolio or exploring your first multifamily investment, 3907 SE Salmon St presents an opportunity to own a residential income property in one of Portland's established and desirable areas.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace
Exterior
View City
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Sunnyside Env
Middle Schools Sunnyside Env
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com