301 SE 129th Ave

Portland, OR 97233

$1,200,000
Price
—
Beds
—
Baths
4,486 Sq. Ft.
$267 / Sq. Ft.
4,486
Sq. Ft.
$267
per Sq. Ft.

Description

Do not disturb tenants. Make offer subject to interior inspection. Great opportunity to own THREE DETACHED HOUSES on ONE LOT! Two homes with 1706 sq. ft. EACH, built in 2005, with 4 bedrooms and 2.5 baths EACH. Major upgrades to one of the units in 2024 and interior pictures are "after" pictures of home. Third home, in front, built in 1955 with 3 bedrooms, 1 bath. All units currently occupied; strong rental history. (financials listed are based on 2024). Buyer to verify square footage.Do not disturb tenants. Make offer subject to interior inspection. Great opportunity to own THREE DETACHED HOUSES on ONE LOT! Two homes with 1706 sq. ft. EACH, built in 2005, with 4 bedrooms and 2.5 baths EACH. Major upgrades to one of the units in 2024 and interior pictures are "after" pictures of home. Third home, in front, built in 1955 with 3 bedrooms, 1 bath. All units currently occupied; strong rental history. (financials listed are based on 2024). Buyer to verify square footage.
  1. Listed by Kathy Hart • eXp Realty, LLC • 503-349-3377

Property Details for 301 Southeast 129th Avenue

Subdivision
HAZELWOOD
Parking Features
Driveway, Garage
Zoning
RM1
Garage Spaces
2.00
Parking Total
5.00
LISTING UPDATED: 01/05/2026 12:19 AM

Property Details for 301 Southeast 129th Avenue

StatusActive
MLS #427404636
Days on Market229
Taxes$13,433 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2005
Lot Size0.34 AC / 14,810 SF
CountyMultnomah County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 301 Southeast 129th Avenue

Stories2Residences3Year Built2005Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$6,968 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$1,119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 Southeast 129th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Go east on SE Stark, take left on SE 129th Ave
  • 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: $13,432.94
  • Parcel Number: R159613
  • Tax Legal Description: FAIR AC, N 34' OF LOT 16 EXC PT IN ST & S 41' OF LOT 17 EXC PT IN
Property
Lot Information
  • Acres: 0.34
  • Lot Description: Level
  • Lot Size Square Feet: 14810.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 2005
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Composite, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $67,736.00
  • Gross Income Projected: $87,768.00
  • Gross Rent Multiplier: $17.72
  • Investor Information: Leases, Profit Loss Statement
  • Net Income Actual: $55,770.00
  • Net Income Projected: 70588
  • Operating Expenses Projected: $25,000.00
  • Operating Expense: $25,398.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 4486
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,999
  • Unit Type 1 SqFt: 1706.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 4
  • Unit Type 2 Features: Washer Dryer Hookup
  • Unit Type 2 Rent: $2,255
  • Unit Type 2 SqFt: 1706.0
  • 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: 3
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $2,060
  • Unit Type 3 SqFt: 1074.0
  • Unit Type 3 Units Total: 1

Property History for 301 Southeast 129th Avenue

DateEvent & SourcePriceAppreciation
Jun 15, 2022

Sold (Public Record)

Public Record #1491723596

$942,000

+10.6% / yr

May 15, 2012

Sold (Public Record)

Public Record #330601499

$341,402

+9.5% / yr

Aug 1, 2002

Sold (Public Record)

Public Record #97251836

$140,000—
DateEvent & SourcePrice
06/15/2022

Sold (Public Record)

Public Record #1491723596

$942,000

+10.6% / yr

05/15/2012

Sold (Public Record)

Public Record #330601499

$341,402

+9.5% / yr

08/01/2002

Sold (Public Record)

Public Record #97251836

$140,000

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

Public Records for 301 Southeast 129th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$14,024 ($1,169 / month)
Home Facts
Beds2Baths6Total Finished SqFt1,756 SqFtAbove Grade Finished SqFt1,756 SqFtStories1Lot Size14,627 SqFtStyleSingle Family ResidenceYear Built1955ZoningR2CountyMULTNOMAHAPN1N2E35CD 05000Fireplace TypeHas Fireplace

Schools near 301 Southeast 129th 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 301 Southeast 129th Avenue, Portland, OR 97233

301 Southeast 129th Avenue is a multi-family home for sale in Portland, OR 97233. This property was listed for sale on May 21, 2025 by eXp Realty, LLC, it's currently listed at $1,200,000. It has been on the market for a total of 229 days and was last sold on June 15, 2022. 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. 301 Southeast 129th Avenue is a 0-bed, 0-bath, 4,486 sqft multi-family home built in 2005.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 eXp Realty, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 01/05/2026 12:19 AM