1120 SW BROADWAY DR

Portland, OR 97201

Active

Multifamily

Virtual Tour

$850,000

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… Read MoreRead Less

Listing courtesy of Richard Ballew Realty.

Listing Snapshot

Days Online

231

Last Updated

Apr 30, 2026

Lot Size

0.17 Acres

Year Built

1904

MLS Number

374309510

30 Days Snapshot Of 97201

$613k

+110%

(avg) sold price

+18%

homes sold

-35%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Storage: None, Stories: 3, Built in 1904, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Property Access

Road Surface Type: Paved

Basement

Basement: Daylight

Cooling

Cooling: None

Expenses

Operating Expense Scheduled: 60804, Operating Expense: $12,228

Exterior Features

Exterior Description: VinylSiding

Foundation

Foundation Details: Slab

Heating

Heating: Baseboard, ForcedAir

Income

CAP Rate: 6.83, Gross Income: $52,260, Gross Rent Multiplier: 16.26, Gross Scheduled Income: $72,060, Net Operating Income: $58,032, Net Scheduled Income: 58032

Lot

Features: GreenBelt, PublicRoad, Sloped, Trees, Wooded, Size Acres: 0.17, Size Range: SqFt7000to9999, Size Square Feet: 7,405, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: Leases, ProfitLossStatement

Parking

Features: OnStreet

Property

Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R10

Roof

Roof: Composition

Security Features

Features: None

Sewer

Sewer: SepticTank

Taxes

Annual Amount: $6,463, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $2,265, Area: 874, Features: Deck, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $2,090, Area: 735, Features: Deck, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Three

Actual Rent: $1,650, Area: 515, Features: Furnished, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Tank, Internet Service Type: FiberOptics, Water Source: PublicWater

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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 eXp Realty, LLC 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 provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Apr 30, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Apr 30, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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