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3602 NE 134TH AVE Portland, OR ^$ 620,000

3602 NE 134TH AVE

^$ 620,000

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Recently Listed

3602 NE 134TH AVE

Portland, OR, 97230

^$ 620,000

Bedrooms5 Baths4.0 Sq 2,388

Monthly Estimate*

^$ 3,915

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Multi-Family Home for sale in Portland, OR

for $620,000 with 5 bedrooms and 4 full baths. This 2,388 square foot home was built in 1962 on a lot size of 0.26.

Corner lot. Flexible living. Cash flow. This Argay Terrace property delivers all three- an updated 3-bedroom, 2-bathroom home plus two lower-level living spaces with private entrances (currently rented as one combined unit at $2,100/month), all on a prime corner lot. Upstairs- hardwood floors, large picture windows, a skylit kitchen with breakfast bar, and a formal dining area. Downstairs- two kitchens (one brand new) and two bathrooms (one brand new), can function independently or be combined into a 2-bed, 2-bath unit. Rent both, Airbnb one, or house extended guests. New roof, electrical panel, kitchen & bathroom (2024), two wood-burning fireplaces, two washers & two dryers, attached garage + extra storage, private fenced yard with covered patio & deck- pet ready. Minutes from parks, shopping, and major freeways. Whether you're an investor, a first-time buyer looking to immediately offset your mortgage, or someone who simply needs room to grow- this is a rare one. >>> Please do not disturb tenants. <<< Buyer to verify all information.

Multi-Family Active

Price

^$ 620,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,600

Style

Lot Size

0.26

Year Built

1962

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

359637586

Features

General

Sewer PublicSewer

Heating ForcedAir

Cooling WallUnit

Roof Composition

Zoning R7

Year Built 1962

Stories Count 1

Tax Year 2025

Parcel Number R230155

Gross Income 52800.0

Community Features AllLandscaping Laundry

County Multnomah

Net Operating Income 52800.0

Operating Expense 6601.0

Property Type MultiFamily

HOA N

Subdivision Name ARGAY TERRACE

Rent Includes None

Status Active

Directions NE Fremont St North on 134th Ave

High School Parkrose

City Portland

Disclosures Disclosure

Number Of Units Total 3

MLS Area _142

Lot Size Square Feet 11325.0

Listing Terms Cash Conventional FHA

Elementary School Shaver

Tax Annual Amount 6600.74

Middle/Junior High School Parkrose

Property Condition Converted

Standard Status Active

Accessory Dwelling Unit Y/N N

Legal Description OLIVANN ADD BLOCK 2 LOT 4

Interior

Basement Daylight ExteriorEntry SeparateLivingQuartersApartmentAuxLivingUnit

Storage Garage

Hot Water Gas Tank

Unit 1 Baths Total 2

Unit 1 Beds Total 3

Unit 2 Baths Total 1

Unit 2 Beds Total 1

Unit 3 Baths Total 1

Unit 3 Beds Total 1

Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3

Exterior

Parking Features Driveway Garage

Lot Features CornerLot GentleSloping

Water Source PublicWater

Total Parking 2.0

Exterior Description VinylSiding

Foundation Details ConcretePerimeter Slab

Building Area Total 2388.0

Lot Size Acres 0.26

Road Surface Type Paved

Internal Only

Street Number 1 3602

* Excluded Features

List By

More Realty

Broker

503-740-6300

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Affordability Calculator

$4,465

Per Month

Monthly Principal & Interest: $3,915
Monthly Property Taxes: $550
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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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Nearby

Trends
Schools

Multi-family listings in Portland, OR

Average List Price ^$1,635,484

Percent of Sale Price 164%

About Portland, OR

646,380 Population

22% Since 2002

^$62,517 Median Income

39 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1950296 Elementary School

1950293 Middle School

Parkrose High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/19/2026	$620,000		Listed Price

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3602 NE 134TH AVE, Portland, OR, 97230 is a Multi-Family Home for sale at $620,000 with 2,388 sqft and a lot size of 0.26. 3602 NE 134TH AVE has 5 bedrooms, 4.0 baths, and was built in 1962. The property's zip code is 97230 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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3602 NE 134TH AVE

Multi-Family Home for sale in Portland, OR

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