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Listed by Sundance Realty LLC
$685,000
Est. payment /mo
1,960 SqFt
Price Dropped by $15K
3414 SE 62ND AVE Portland, OR 97206
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Sat May 03, 11:00am - 1:00pm
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $349
Subdivision South Tabor
MLS Listing ID 690041674
Year Built 1968
Annual Tax Amount $5,305
Lot Size 4,791 Sqft
Property Description
Turnkey duplex with bonus studio, fully remodeled and income-ready. This beautifully updated property features a newly constructed studio unit completed in March 2025, effectively functioning as a three-unit investment—ideal for both investors and owner-occupants seeking flexibility and strong cash flow. All units have been thoughtfully upgraded with modern finishes, including stylish LVP flooring, stainless steel appliances, and sleek bathrooms. The property holds a short-term rental permit and is currently operating as a successful short-term rental, offering excellent potential for both short- and long-term income streams. Each unit enjoys its own private fenced patio, complemented by a new front gate and low-maintenance, durable finishes throughout. A wide driveway provides ample off-street parking for added convenience. Live in one unit and rent the other two, or lease all three for projected long-term rental income of $5,300 per month—ask for the proforma. Ideally situated within easy access to public transit, shopping, and the natural beauty of Mt. Tabor Park, this move-in-ready property is a rare opportunity to own a bright, stylish multi-unit in a high-demand area.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Crawl Space, None
Interior
Heating Baseboard, Mini Split, Wall Heater
Cooling Mini Split, Other
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Atkinson
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
