1120 SW BROADWAY DR, Portland, OR 97201 | MLS #374309510 | Oregon First Inc.
 
Listing provided courtesy of Richard Ballew RealtyMLS# 374309510MLS Provider
  • 286 days on site
  • 0 views

CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you've been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife....all CLOSE TO DOWNTOWN WITH OHSU CLOSER. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop....Remarkable rent history...Taxes are low at $6,214.72. Rare Investment Opportunity - Triplex with Adjacent Vacant Lot Included at the right price.......The vacant land is optioned to be purchased separately or bundled together.... MOTIVATED SELLER! BRING ALL OFFERS....

Source: Regional MLS, MLS#: 374309510

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  • Property Type
    Residential Income
  • Lot
    0.17 acres

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MATTHEW MCCARTHY

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  • Median Age
    32
  • Population Density
    8,080
  • College Educated
    74%
  • Estimated Median Income
    $58,850
  • Estimated Total Home Owners
    2,589
  • Estimated Total Renters
    6,721
  • Owner / Renter Divide
    28% / 72%
  • Estimated Average Household Size
    2
  • Total Population
    17,558
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1120 SW BROADWAY DR


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/23/2025Source: Regional MLS Price Reduction
$850,000 -5.5%
9/16/2025Source: Regional MLS Added to Database
September 16, 2025