1120 SW BROADWAY DR Portland, OR $ 850,000
1120 SW BROADWAY DR
$ 850,000
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1120 SW BROADWAY DR

Portland, OR, 97201
$ 850,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 5,234

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Multi-Family Home for sale in Portland, OR

for $850,000 with 5 bedrooms and 3 full baths. This home was built in 1904 on a lot size of 0.17.

CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you've been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife....all CLOSE TO DOWNTOWN WITH OHSU CLOSER. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop....Remarkable rent history typified by the latest rental of unit 'A'...50 inquiries in 72 hours...it had to be shut down...Taxes are low at $6,214.72. "Rare Investment Opportunity - Triplex with Adjacent Vacant Lot Included at the right price...."...The vacant land is optioned to be purchased separately or bundled together.... MOTIVATED SELLER! BRING ALL OFFERS....

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Multi-Family Active

Price

$ 850,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,463

Style

Lot Size

0.17

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

374309510

Features
General
Sewer SepticTank
Heating Baseboard ForcedAir
Cooling None
Roof Composition
Zoning R10
Garage Spaces 0
Security Features None
Year Built 1904
Stories Count 3
Tax Year 2024
Parcel Number R327777
Gross Income 52260.0
County Multnomah
Net Operating Income 58032.0
Operating Expense 12228.0
Property Type MultiFamily
HOA N
Rent Includes Electricity Heat Sewer TrashCollection Water
Status Active
Directions South on SW Broadway Dr from downtown PDX up the hill property on left
High School Lincoln
City Portland
Number Of Units Total 3
MLS Area _148
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional
Elementary School Ainsworth
Tax Annual Amount 6463.17
Middle/Junior High School West Sylvan
Property Condition UpdatedRemodeled
Virtual Tour https://listings.pdxpics.com/videos/01999b85-90fb-73ab-ad53-ad3e9337b310
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 09 1S 1E TL 4000 0.17 ACRES
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Interior
Basement Daylight
Storage None
Hot Water Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OnStreet
Lot Features GreenBelt PublicRoad Sloped Trees Wooded
Water Source PublicWater
Total Parking 0
Exterior Description VinylSiding
Foundation Details Slab
Building Area Total 0
Lot Size Acres 0.17
Road Surface Type Paved
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Internal Only
Street Number 1 1120
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* Excluded Features
List By
Richard Ballew Realty

Broker

mjackson@metro-appraisal.com

Email

Affordability Calculator

$5,772
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$539
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$850,000 -5.45% Price Down
9/17/2025$899,000 Listed Price

Map


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1120 SW BROADWAY DR, Portland, OR, 97201 is a Multi-Family Home for sale at $850,000 with a lot size of 0.17. 1120 SW BROADWAY DR has 5 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 97201 which is in Portland, OR