15 NE 127th Ave

Portland, OR 97230

$560,000
Price
—
Beds
—
Baths
2,496 Sq. Ft.
$224 / Sq. Ft.
2,496
Sq. Ft.
$224
per Sq. Ft.
a view of street with parked cars
a view of a house with a yard
a car parked in front of white house
a view of a house with a yard and wooden fence
a view of entryway and hall with wooden floor
a view of an empty room
a view of an empty room with wooden floor and a fireplace
a view of an empty room with wooden floor

Description

Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity in a prime location! 5.96 rate cap! Do NOT Disturb the tenantsCharming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity in a prime location! 5.96 rate cap! Do NOT Disturb the tenants
  1. Listed by Rachelle Kammann • Kevin Morris Realty

Property Details for 15 Northeast 127th Avenue

Zoning
R-1
Parking Total
.00
LISTING UPDATED: 10/28/2025 07:08 AM

Property Details for 15 Northeast 127th Avenue

StatusActive
MLS #484809831
Days on Market247
Taxes$6,629 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1982
Lot Size0.20 AC / 8,712 SF
CountyMultnomah County

Location

Listing Courtesy of Kevin Morris Realty
Add your commute

Building Information for 15 Northeast 127th Avenue

Stories2Residences3Year Built1982Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,320 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,767

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Northeast 127th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Burnside to 127th. N of Burnside. 2nd building
  • Road Surface: Paved
School Information
  • Elementary School: Menlo Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $6,628.92
  • Parcel Number: R173254
  • Tax Legal Description: GREENFIR, LOT 3
Property
Lot Information
  • Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1982
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $44,280.00
  • Gross Rent Multiplier: $12.65
  • Net Income Actual: $34,856.00
  • Operating Expense: $9,424.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2496
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,350
  • Unit Type 1 SqFt: 832.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,310
  • Unit Type 2 SqFt: 832.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $1,030
  • Unit Type 3 SqFt: 832.0
  • Unit Type 3 Units Total: 1

Property History for 15 Northeast 127th Avenue

DateEvent & SourcePriceAppreciation
Jan 15, 2008

Sold (Public Record)

Public Record #231429320

$290,000

+5.7% / yr

Jul 28, 2005

Sold (Public Record)

Public Record #161755853

$253,000

+130.3% / yr

Apr 29, 2005

Sold (Public Record)

Public Record #155938339

$206,000—
DateEvent & SourcePrice
01/15/2008

Sold (Public Record)

Public Record #231429320

$290,000

+5.7% / yr

07/28/2005

Sold (Public Record)

Public Record #161755853

$253,000

+130.3% / yr

04/29/2005

Sold (Public Record)

Public Record #155938339

$206,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Northeast 127th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$6,629 ($552 / month)
Home Facts
Baths3Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtStories2Lot Size8,650 SqFtStyleTriplexYear Built1982ZoningR1CountyMULTNOMAHAPN1N2E35CB 04200Fireplace TypeHas Fireplace

Schools near 15 Northeast 127th Avenue

This home is within David Douglas School District 40.
Rating
School
Type
Grades
Distance
Menlo Park Elementary School
Public - K to 5
Floyd Light Middle School
Public - 6 to 8
David Douglas High School
Public - 9 to 12
Arthur Academy
Charter - K to 5
Rating
School
Distance
Menlo Park Elementary School
PublicK to 5

Floyd Light Middle School
Public6 to 8

David Douglas High School
Public9 to 12

Arthur Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 15 Northeast 127th Avenue, Portland, OR 97230

15 Northeast 127th Avenue is a multi-family home for sale in Portland, OR 97230. This property was listed for sale on April 8, 2025 by Kevin Morris Realty, it's currently listed at $560,000. It has been on the market for a total of 247 days and was last sold on January 15, 2008. This listing's school district is David Douglas School District 40. Nearby schools include Menlo Park Elementary School, Floyd Light Middle School and David Douglas High School. 15 Northeast 127th Avenue is a 0-bed, 0-bath, 2,496 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kevin Morris Realty

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