3712 Southeast 31st Avenue

Portland, OR 97202

$575,000
Price
Beds
1,560 Sq. Ft.
$369 / Sq. Ft.
1,560
Sq. Ft.
$369
per Sq. Ft.

Description

Hard to find well-maintained, close-in SE Portland single level duplex on cul-de-sac with established tenants and great cash flow. Each unit features vaulted ceilings, updated kitchen and bathroom, attractive fireplace, primary double closet, dining area, washer & dryer, private patio. Check further potential with RM1 zoning. 30-year roof approx 6-7 years old. Please do not disturb tenants or walk on property.Hard to find well-maintained, close-in SE Portland single level duplex on cul-de-sac with established tenants and great cash flow. Each unit features vaulted ceilings, updated kitchen and bathroom, attractive fireplace, primary double closet, dining area, washer & dryer, private patio. Check further potential with RM1 zoning. 30-year roof approx 6-7 years old. Please do not disturb tenants or walk on property.
  1. Listed by Bryan Arakelian • RE/MAX Equity Group

Property Details for 3712 Southeast 31st Avenue

Parking Features
Assigned
Zoning
RM1

Location

Listing Courtesy of RE/MAX Equity Group
Add your commute
LISTING UPDATED: 04/28/2024 05:50 PM

Property Details for 3712 Southeast 31st Avenue

StatusActive
MLS #24610367
Days on Market12
Taxes$5,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1979
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Location

Listing Courtesy of RE/MAX Equity Group
Add your commute

Building Information for 3712 Southeast 31st Avenue

Stories1Residences2Year Built1979Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,607 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3712 Southeast 31st Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Holgate, N on 31st or Powell, S on 32nd Ave, turn R on Francis, R on 31st
  • Road Surface: Paved
School Information
  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $5,630.48
  • Parcel Number: R288111
  • Tax Legal Description: TOMLINSONS ADD, BLOCK 2, LOT 1
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1979
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Metal Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $35,940.00
  • Gross Rent Multiplier: $16.00
  • Net Income Actual: $33,000.00
  • Operating Expense: $8,697.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1560
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,545
  • Unit Type 1 SqFt: 780.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,650
  • Unit Type 2 SqFt: 780.0
  • Unit Type 2 Units Total: 1

Schools near 3712 Southeast 31st Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Grout Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

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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3712 Southeast 31st Avenue is a multi-family home for sale in Portland, OR 97202. This property was listed for sale on April 23, 2024 by RE/MAX Equity Group, it's currently listed at $575,000. This listing's school district is Portland School District 1j. Nearby schools include Grout Elementary School, Hosford Middle School and Cleveland High School. 3712 Southeast 31st Avenue is a 0-bed, 0-bath, 1,560 sqft multi-family home built in 1979.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Equity Group

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 © 2024 RMLS, Portland, Oregon. Last updated: 04/28/2024 05:50 PM