704 NW JOY AVE Active

Portland,OR 97229

$ 799000

- Bed

- Bath

2592 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $308

Subdivision Cedar Mill

MLS Listing ID 24553472

Year Built 1959

Annual Tax Amount $4,578

Tax Year 2023

Property Description

Excellent investment opportunity in amazing location in sought-after Cedar Mill. Ranch-style Triplex with 2 Bedrooms, 1 Bathroom per unit. Recent capital improvements include NEW tear-off roof in 2021 (10-year transferrable warranty), NEW electrical panels in each unit in 2022. Unit 700 updates in 2024 include carpet, vinyl, interior paint, bathroom fixtures/hardware + NEW washer/dryer & refrigerator. Assigned parking + additional parking spaces. Easy access to shopping & dining! 0.2 mile to bus stop & 2.7 miles to MAX Light Rail Station. Walk Score 83. Development potential - Zoned TO:RC - Transit Oriented Retail Commercial District. Property to be sold in tandem with additional Triplex across the courtyard, see MLS# 24444756. Combined tax lots total 14,880 square feet. Fantastic opportunity! Please do not disturb tenants.

Location

State OR

County Washington

Community Frontyardlandscaping

Area _149

Zoning TO:RC

Rooms

Basement Crawl Space

Interior

Heating Ceiling, Zoned

Exterior

Community Features FrontYardLandscaping

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Terra Linda

Middle Schools Tumwater

High Schools Sunset

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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