4731 NE 62ND AVE

Portland, OR 97218

Active

Multifamily

Virtual Tour

$429,000

**Unique Triplex** Includes BOTH a duplex and a detached house which are combined on one tax lot as a triplex. House and one of the duplex units are rented--the additional duplex unit is vacant and ready! Parking spots on the property, with a carport on the back unit.… Read MoreRead Less

Listing courtesy of Keller Williams Realty Professionals.

Listing Snapshot

Days Online

Last Updated

Sep 12, 2026

Square Ft.

1,987

Lot Size

0.2 Acres

Year Built

1923

MLS Number

794853348

30 Days Snapshot Of 97218

$484k

+12%

(avg) sold price

-8%

homes sold

-55%

(avg) days on market

Snapshot

Area Map

Additional Details

Lot

Size Acres: 0.2, Features: Level, OnBusline, Size Dimensions: 165 x 53, Size Range: SqFt7000to9999, Size Square Feet: 8,712, Size: 7,000 to 9,999 SqFt

Property Access

Road Surface Type: Gravel

Basement

Basement: PartialBasement

Building

Building Area Total: 1987, Built in 1923, Storage: Basement, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Cooling

Cooling: None

Disclosures

Disclosures: Disclosure

Exterior Features

Exterior Description: WoodSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: ForcedAir, WallHeater

Income

CAP Rate: 9.79, Gross Income: $42,000, Gross Rent Multiplier: 10.21, Net Operating Income: $42,000

Miscellaneous

Investor Information: AccordingToOwner, Incomplete

Parking

Features: Carport, Paved, 4 total parking spots

Property

Number Of Units Total: 3, Property Condition: Approximately, Zoning: R7H

Roof

Roof: BuiltUp, Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $2,458, Legal Description, Tax Year: 2025

Unit One

Area: 630, Features: Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $900, Area: 449, Features: Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $1,500, Area: 908, Features: Range, Refrigerator, Storage, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Gas, Hot Water Description: Electricity, 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 Sep 12, 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 Sep 12, 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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