OR > Portland > Creston-Kenilworth
Portland, OR 97202,3718 SE 40TH AVE
Portland, OR 97202,3718 SE 40TH AVE
Portland, OR 97202,3718 SE 40TH AVE
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Listed by John L. Scott Portland Central • neportland@johnlscott.com
$625,000
Est. payment /mo
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2,384 SqFt
Pending

3718 SE 40TH AVE Portland, OR 97202

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Donna Jo Merrifield

Donna Jo Merrifield

+1(541) 981-1436

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,384 sqft

Price per Sqft $262

Subdivision Creston-Kenilworth

MLS Listing ID 494199141

Year Built 1953

Annual Tax Amount $7,960

Tax Year 2024

Lot Size 6,969 Sqft

Property Description

Prime investment opportunity on a classic inner city Portland Duplex. One Vacant Unit. New roof and exterior paint in 2024 and new furnace in 2016. Two bedroom, one bath units with hardwood floors throughout, open kitchen, great storage and bonus space with high ceilings in the basement and private garages. Owner occupied option available or rent both units as this property delivers an attractive 5.5 cap rate. Close to shopping, entertainment, local Creston and Kenilworth Parks and located a half block from mass transit for easy movement throughout the city.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning R5

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Window Unit

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Public Road

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Creston

Middle Schools Kellogg

High Schools Franklin

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

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Donna Jo Merrifield

Donna Jo Merrifield

Principal Broker/OR Area Leader | Epique Realty | License ID: 971200102

+1(541) 981-1436

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3718 SE 40TH AVE