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503-935-2560
Smira Group
3311 3315 SE 127TH PL, Portland, OR 97236
- $402,000
- 1,346
- SqFt
- Sold Price
- $402,000
- List Price
- $400,000
- Closing Date
- May 28, 2026
- Days on Market
- 76
- MLS#
- 770612929
- Property Type
- Multifamily
- Sqft. of Residence
- 1,346
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6.75% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.
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Additional Information
- Tax Amount
- $3,799
- Year Built
- 1950
- High School
- David Douglas
- Elementary School
- Mill Park
- Middle School
- Ron Russell
- Acres
- 0.26
- Living Area
- 1,346
- Stories
- 1
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Shake Siding, Wood Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Parking
- Off Street
- Parking Description
- Off Street
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 1400
- Unit Type One Sq Ft
- 595
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
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Listing courtesy of Rarebird Real Estate. Selling Office: Works Real Estate.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.