1700 Ne 231ST Ct, Wood Village, OR 97060
- 2,716 sqft
Multi-Family Home
Built in 1980
0.25acre lot
—— car garage
$331/sqft
Listed 1 month ago
Property Description
This one level triplex is a rare find! It's been exceptionally well cared for and is in an excellent location. The large .25-acre lot is on a quiet cul-de-sac with quick access to I-84, bus lines, public parks, retail and outlet shopping. Minutes from savory food choices at The Fork and Troutdale Station food carts, along with fine dining and entertainment at Edgefield. Recent investment of approximately $25K in improvements. All units have benefited from interior updates intended to keep maintenance costs low. Each unit has a washer/dryer hookup, a fully fenced yard, and a covered patio. Two units have new storage sheds for renters' use. The numerous updates you'll find inside and out include new exterior paint in 2021, vinyl windows, LVP flooring, and even granite countertops & stainless-steel kitchen appliances in one unit. There are also 7 off street parking spaces. Current monthly rents total $5524 with a 6.1% cap rate. This is a unique opportunity to obtain a high-quality investment property that has been in the same ownership for over 40 years! Please write offer subject to inspection, and do not walk property or disturb renters.
- Listing Status:
- Active
- Date Added:
- April 16, 2025 at 05:00AM
- Listing Office:
- RE/MAX Equity Group : 503-653-0607
- Listing Agent:
- Cindy Smith : 503-703-2596
- MLS ID:
- 169064549

- A/C: None
- Heating: Forced air
This listing courtesy of Cindy Smith, RE/MAX Equity Group
Location
Schools Nearby
Salish Ponds Elementary School
1210 NE 201st Ave, Fairview, OR, 97024
Grades KG-5
1.39 miles away
Reynolds Learning Academy
20234 NE Halsey St, Fairview, OR, 97024
Grades 7-12
1.49 miles away
Reynolds High School
1698 SW Cherry Park Rd, Troutdale, OR, 97060
Grades 9-12
1.19 miles away