3148 SE SALMON ST Portland, OR97214
$580,000
2 total units
3 total bedrooms
2 total bathrooms
$45,090 annual income
Capitilization Rate: 4.06
2332 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Sunnyside Env
Middle School: Sunnyside Env
High School: Franklin
Zoning: R5
1365 days on market
TourVestorFilter™
Price per unit$290K/unit
Price per ft²$248.71/ft²
Recent price drop$138,000
Price per acre$8.23M/ac
Price per bedroom$193.3K/bed
Time on market1365 days
Property Description
Opportunity awaits with this property! Currently the property is split into 3 finished spaces. Convert to 1 residential property or occupy 1 unit & rent the 2nd unit to generate rental income or rent both units. 3 bedrooms/2 bathrooms, spacious attic, lg. front porch & entry, corner lot with 2 parking spaces at the rear of the property. Best of all many of the original features remain intact. There is 2,505 square feet not including the finished basement. Don't let this opportunity pass you by!
{{ compliance-logo }}Listing Provided By Oregon First
Financial Data
Date Sold2021-01-15
Sold Price$580,000
Price ChangeDropped $138,000 on 01/15/2021
Total $195,000 drop
Total $195,000 drop
Original Price$775,000
Current Price$580,000
Property Taxes$5,900
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Home Facts
StatusSold
Year Built1908
Green/Energy SupplementYes
Home Energy Score1
Exterior Features
MLS ID20028520
Unit Details
Unit 1
Unit 2