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1700 NE 231ST Ct, WoodVillage, OR 97060

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For Sale

Price On Request

7 beds • 4 baths • 2,716 sqft

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

Explore this Property

Portland Area Investors!! Are you looking for an investment property with great cash flow that pencils out to an excellent cap rate, and isn't impacted by City of Portland rental laws? This Wood Village triplex is in a great location and has been exceptionally well cared for. The large .25-acre lot is on a quiet cul-de-sac with quick access to I-84, bus lines, public parks, dining, retail and outlet shopping. Recent investment of approximately $25K in improvements. The units have all benefited from interior updates intended to keep maintenance costs low. Each one level unit has a washer/dryer hookup, a fully fenced yard, and a covered patio. Two units have new storage sheds for renters' use. The numerous updates you'll find inside and out include new exterior paint in 2021, vinyl windows, LVP flooring, and even granite countertops & stainless-steel kitchen appliances in one unit. There are also 7 off-street parking spaces. This is a unique opportunity to obtain a high-quality investment property that has been in the same ownership for over 40 years. Please write offer subject to full inspection; one unit is currently available to show to prequalified Buyers. Do not walk property or disturb renters.
MLS# 169064549

Courtesy Of RE/MAX equity group

(503) 653-0607

Property Features

  • Age
    41-50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 1700 NE 231ST Ct, WoodVillage, OR 97060

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.