3718 SE 40th Ave

Portland, OR 97202
  • $625,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,384

    SqFt

About the Listing JLSP50 - DLANDERS,LANDERSM

Prime investment opportunity on a classic inner city Portland Duplex. One Vacant Unit. New roof and exterior paint in 2024 and new furnace in 2016. Two bedroom, one bath units with hardwood floors throughout, open kitchen, great storage and bonus space with high ceilings in the basement and private garages. Owner occupied option available or rent both units as this property delivers an attractive 5.5 cap rate. Close to shopping, entertainment, local Creston and Kenilworth Parks and located a half block from mass transit for easy movement throughout the city.

Listing Highlights for 3718 SE 40th Ave

Status Pending
Days on Site 79
Property Type Multi-Family
MLS ® 494199141
Year Built 1953
Total Square Footage 2,384
Lot/Acreage 0.16
County Multnomah
Elementary School Creston
Middle School Kellogg
High School Franklin

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Public Road
  • Garage Capacity: N/A
  • Zoning: R5
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage,Off Street

Financial Details

  • Tax Amount: $7,961
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R328204
  • Tax Year: N/A

Payment Calculator

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Questions About..

3718 SE 40th Ave Portland, OR 97202

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Originating MLS: Regional Multiple Listing Service, Inc.

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