2940 SE Brooklyn St, Portland, OR 97202
Local realty services provided by:CENTURY 21 North Homes Realty
2940 SE Brooklyn St,Portland, OR 97202
$875,000
- - Beds
- - Baths
- 4,536 sq. ft.
- Multi-family
- Pending
Listed by: benjamin ficker
Office: rarebird real estate503-451-0545
MLS#:787062550
Source:PORTLAND
Price summary
- Price:$875,000
- Price per sq. ft.:$192.9
About this home
Immaculately maintained triplex in a highly sought-after Southeast Portland location, offered in conjunction with the neighboring triplex. Both properties must sell and close together.Each unit lives like a home. Private garage and private basement space accessible only to that tenant, a feature that consistently drives demand and retention in this rental pool. Air conditioning in every unit. Hardwood floors throughout. Most units have been updated, and new water service lines serve each building.The setting sets this offering apart: impeccable landscaping, a beautiful central courtyard, and a peaceful, established residential block that tenants do not leave easily.Operating expenses are light for ownership. Tenants pay their own water, sewer, and gas. The landlord pays trash only.Current rents sit approximately 12% below market, delivering immediate upside to a new owner without repositioning the asset or displacing tenants. Strong in-place income, minimal deferred maintenance, and a clear path to higher NOI.An uncommon opportunity to acquire six units side by side in one of Portland's most durable rental submarkets, with the scale advantages of a small multifamily portfolio and the tenant appeal of individual homes.Sold subject to the concurrent sale of the adjacent triplex. All offers subject to interior inspection. Please do not disturb tenants....
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Home facts
- Year built:1959
- Subdivision & Development:RICHMOND
- Listing ID #:787062550
- Added:47 day(s) ago
- Updated:September 16, 2026 at 08:03 AM
Rooms and interior
- Basement Description:Unfinished
- Living area:4,536 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition, Shingle
- Year built:1959
- Building area:4,536 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Private
- Levels:1 Story
Schools
- High school:Cleveland
- Middle school:Hosford
- Elementary school:Grout
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$192.9
- Tax amount:$12,728 (2025)
Parking
- Parking description:Attached Garage, Garage
- Garage spaces:3
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