Dialed 4-plex in the heart of Montavilla! Upgrades to major systems make this plex turn key.Steps to theater, shopping, restaurants & bars.Hardwd under laminate &carpet.Each unit is 2 bedrm w/ amazing light.Storage units & coin-op laundry on site. Pkg for each unit. Great long term tenants & leases. This plex is a steal at this price, it won't last long!
Off market
$872,200
227-231 SE 79th Ave, Portland, OR 97215
8beds
2,976sqft
MultiFamily
Built in 1955
-- sqft lot
$872,200 Zestimate®
$293/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Refrigerator
Features
- Window Coverings, Fireplace, Refrigerator, Hardwood Floors, Range
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Partial, Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,976 sqft
Property
Parking
- Details: Paved
Features
- Exterior features: Wood
Lot
- Size: 7 Acres
- Features: Level, Private
Details
- Parcel number: R222443
- Zoning: MR2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1955
- Major remodel year: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- InteriorFeatures: Window Coverings, Fireplace, Refrigerator, Hardwood Floors, Range
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 4
- Basement: Partial, Crawl Space
- CurrentFinancing: Conventional, FHA, Cash
- Roof: Composition
- StoriesTotal: 1
- LotFeatures: Level, Private
- NumberOfUnitsInCommunity: 4
- Utilities: Water Available, Trash Collection
- YearBuiltEffective: 1955
- WindowFeatures: Window Coverings
- GrossIncome: 46740
- Zoning: MR2
- AssociationAmenities: Laundry
- ParkingFeatures: Paved
- ExteriorFeatures: Basement, Individual Storage Units
- CommunityFeatures: Laundry
- OtherParking: Paved
- GrossScheduledIncome: 65760
- CapRate: 4.76
- YearBuiltDetails: Existing
- OperatingExpense: 11039
Services availability

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Estimated market value
$872,200