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Listed by Richard Ballew Realty, Mark Jackson. (360) 607-1934

MLS Source logo

1120 SW BROADWAY DRPortland, OR 97201

Active
$850,000
0 Square Feet

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...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....


FACTS & FEATURES

  • Property Type:
    MultiFamily
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    0 Square Feet
  • Lot Size:
    0.17 Acres
  • Lot Description:
  • Stories:
    3
  • Year Built:
    1904
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 0
    Features: OnStreet
  • Area:
    _148
  • Views:
    ParkGreenbelt, TreesWoods, Valley
  • Schools:
    High School(s): Lincoln
    Middle School(s): West Sylvan
    Elementary School(s): Ainsworth
  • HOA:
  • Senior Community:
  • Heating:
    Baseboard,ForcedAir
  • Cooling:
    None
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    None
  • Foundation:
    Slab
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: Richard Ballew Realty. Listing Agent: Mark Jackson. Listing ID: 374309510

Last Updated June 1, 2026 9:28 AM
Data last checked against RMLS on June 22, 2026 12:53 AM

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Harcourts are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. All information is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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