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3718 SE 40TH AVE, Portland, OR 97202
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$625,000
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Home Details for 3718 SE 40TH AVE
Price
$625,000
Type
Multi Family
Bedrooms
4
Total Bathrooms
2
Year Build
1953
Lot Size
0.16
County
Multnomah
Basement
Unfinished
Tax
$7,960.55
MLS®️ Listing#
494199141
On exitrealty.com
150 days
Property Description
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.
- Parking
- Garage
- Off Street
- Cooling Information
- Window Unit(s)
- Heating Information
- Forced Air
- Water Features
- Public
- Basement
- Unfinished
School Information
School Information for 3718 SE 40TH AVE
Elementary School
Creston
Middle School
Kellogg
High School
Franklin
Listing Courtesy: John L. Scott Portland Central - neportland@johnlscott.com. Presented by: Doug Landers
Last Updated: 2025-10-04 22:24:13
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$625,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702