3731 NE 82ND AVE, Portland, OR 97220
3731 NE 82ND AVE, Portland, OR 97220
3731 NE 82ND AVE, Portland, OR 97220
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Listed by The Agency Portland
$399,000
Est. payment /mo
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4,791 Sqft Lot
Price Dropped by $31K

3731 NE 82ND AVE Portland, OR 97220

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Donna Jo Merrifield

Donna Jo Merrifield

+1(541) 981-1436

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 396587995

HOA Y/N No

Year Built 1978

Annual Tax Amount $7,047

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy and 82nd. Long term tenant under market value rent, on month-to-month tenancy. One side vacant and ready for an owner occupied situation. Rental comps come in at $1900 per month, per side with some cosmetic updates. Cap rate with market value rents comes in at 6.27%. Tenants pay all utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District—one of Portland's most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves.

Location

State OR

County Multnomah

Community Commons

Area _142

Zoning R2

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Cooling None

Exterior

Community Features Commons

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level, On Busline

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Jason Lee

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Donna Jo Merrifield

Donna Jo Merrifield

Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102

+1(541) 981-1436

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3731 NE 82ND AVE