This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just 4 years ago. Each unit features a spacious kitchen with generous pantry storage and plenty of natural light throughout. The lower unit has been recently upgraded with a brand-new second bathroom, new flooring, and a washer and dryer hookup—perfect for comfortable daily living. The main unit received new flooring and beautiful quartz countertops just 4 years ago. The upper unit has been refreshed with new carpet, fresh paint, and an updated bathroom, creating a bright and welcoming interior. A completely new roof was installed 4 years ago. Additional highlights include updated LVP flooring and carpet throughout, and a charming veranda on the main level—ideal for relaxing or entertaining. With easy access to Hwy 26 and I-205, and close proximity to public transportation, parks, and local amenities, this triplex offers a flexible layout, solid updates, and a prime location in one of Portland's most vibrant neighborhoods. Don't miss this excellent investment opportunity! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227404]
Active
Price cut: $35.1K (6/6)
$699,900
4314 SE 72nd Ave, Portland, OR 97206
5beds
3,399sqft
Est.:
Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
Updated bathroomNew flooringGenerous pantry storageCharming verandaWasher and dryer hookupPlenty of natural lightSpacious kitchen
- 58 days
- on Zillow |
- 295 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 04:31am
Listed by:
William Grzebyk 503-505-2816,
Redfin
Source: RMLS (OR),MLS#: 773199898

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Zoned
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Interior area
- Total structure area: 3,399
- Total interior livable area: 3,399 sqft
Video & virtual tour
Property
Lot
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R218118
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Roof: Composition
Condition
- Approximately
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Foster - Powell
Location
- Region: Portland
Financial & listing details
- Price per square foot: $206/sqft
- Annual tax amount: $5,426
- Date on market: 4/14/2025
- Listing terms: Cash,Conventional,FHA,Owner Will Carry,VA Loan
- Total actual rent: 4499
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