Incredible triplex opportunity in Hollywood. Vacant units allow you to set market level rents from the jump. Large side by side units above a HUGE partial sub-grade unit. Assigned off-street parking and common laundry room. Seller may complete 1031 exchange at no cost to buyer.
Off market
$986,700
1902 NE 38th Ave, Portland, OR 97212
7beds
4,309sqft
MultiFamily
Built in 1927
-- sqft lot
$986,700 Zestimate®
$229/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Refrigerator
Features
- Fireplace, Refrigerator, Hardwood Floors, Range, Washer/Dryer Hookup, Air Conditioning
- Flooring: Hardwood
- Basement: Finished, Full
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,309 sqft
Property
Parking
- Details: Paved
Lot
- Features: Level, Corner Lot
Details
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1927
- Major remodel year: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: R2
- Basement: Finished, Full
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- Heating: Zoned
- NumberOfUnitsTotal: 3
- CurrentFinancing: Conventional, Contract, Cash
- Roof: Composition
- LotFeatures: Level, Corner Lot
- StoriesTotal: 3
- NumberOfUnitsInCommunity: 3
- Utilities: Water Available, Sewer Available, Trash Collection
- YearBuiltEffective: 1927
- SecurityFeatures: Security Lights
- AssociationAmenities: Laundry
- ParkingFeatures: Paved
- InteriorFeatures: Fireplace, Refrigerator, Hardwood Floors, Range, Washer/Dryer Hookup, Air Conditioning
- CommunityFeatures: Laundry
- OtherParking: Paved
- ExteriorFeatures: Locked
- CapRate: 6.23
- OperatingExpense: 19200
- GrossScheduledIncome: 76800
- YearBuiltDetails: Approximately
- GrossIncome: 76800
- MlsStatus: Pending
Services availability

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Estimated market value
$986,700