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About the Listing WDLR01 - TOOMBSTE,MARTOCCI
Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 7.44 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.
Listing Highlights for 121 SE 30th Pl
Status
Active
Days on Site
176
Property Type
Multi-Family
MLS ®
493082979
Year Built
1965
Total Square Footage
3,240
Lot/Acreage
0.12
County
Multnomah
Neighborhood
Kerns
Elementary School
Sunnyside Env
Middle School
Sunnyside Env
High School
Franklin
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Trees
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R2.5
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $10,810
- Taxes w/Assessments: N/A
- Tax/Property ID: R214625
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
121 SE 30th Pl Portland, OR 97214
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