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$669900   Price Analysis
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3125 SW Vermont St
Portland, OR 97219
4 bed 3 bath 2600 SqFt ($257/SqFt)
6098SqFt lot. Built 1923
Listed 2024-02-01, Taxes $5982
Ⓧ USDA Ineligible
due to location

near Portland

Seller-Financing Available = Low Rate and Lower Monthly Payment!

Step into your newly renovated, cottage-style abode right beside the acclaimed Gabriel Park. Live in one unit and offset your mortgage with the other or rent both out and generate cash flow. This character-filled 1920s home, zoned RM1, has always been well-maintained and offers stunning West Hills views. Both sides have been remodeled in the past year. 3 beds and 2 full baths on one side, along with new carpeting, a vast master suite, formal dining, a living room with a wood fireplace and a modern kitchen.

The other side houses a sizeable 1-bedroom apartment with its own kitchen, full bath and living area, boasting new floors, appliances and more. Additional amenities include a massive deck with a view, a detached garage and a full basement with strage and laundry. Enjoy proximity to a trifecta of amenities: Gabriel Park, spanning 89+ acres with a brand new playground , nature trails, tennis and basketball courts, skatepark and much more; unique boutiques and gourmet dining in the charming Multnomah Village; and a variety of locally owned businesses in Hillsdale for everything else you could need, all within walking distance. Please do not disturb tenants.


Presented by Mackenzi Spear at
Kelly Right Real Estate Of Portland, Llc.
Listing Agent Photo

Property MLS #24035734 from RMLS

Bedrooms: 4

Cooling Features: MiniSplit
Heating Features: ForcedAir90, ForcedAir95Plus
Heating Fuel: Electricity, Gas
Heating: Yes

Full Bathrooms: 3

Storage: Basement

Basement Description: FullBasement, Unfinished

Lot Description: GentleSloping, Private, Secluded, Trees
Lot Size Acres: 0.1399908
Lot Size Dimensions: ~ 100ftX60
Lot Size Square Feet: 6098

Garage Spaces: 1
Parking Features: Driveway, Garage
Parking Total: 1

Road Surface Type: Paved

View: ParkGreenbelt, TreesWoods

Elementary School: Hayhurst
High School: Ida B Wells

Gray Middle School is a public middle school located approximately 0.6 miles away.
directions icon Map directions

Ida B. Wells-Barnett High School is a public high school located approximately 0.9 miles away.
directions icon Map directions

Hayhurst Elementary School is a public elementary and middle school located approximately 1 miles away.
directions icon Map directions

Portland Jewish Academy is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Gross Income: 30000
Rent Includes: TrashCollection, Water

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 6115.159999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.48
Directions: Vermont @ 31st, East of Hillsdale and West of Gabriel Park
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: SOUTHWEST PORTLAND
Parcel Number: R170108
Subdivision: SOUTHWEST PORTLAND
Zoning: RM1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$224270
$5982
2021$unknown + $unknown
$217740
$5881
2020$unknown + $unknown
$211400
$5395
2019$unknown + $unknown
$205250
$5197
2018$unknown + $unknown
$199280
$5044
2017$unknown + $unknown
$193480
$4834
2016$unknown + $unknown
$187850
$4424
2015$unknown + $unknown
$182380
$4308
2014$unknown + $unknown
$177070
$3929
2013$unknown + $unknown
$171920
$3964
2012$unknown + $unknown
$166920
$3634
2011$unknown + $unknown
$162060
$3478
2010$unknown + $unknown
$157340
$3418
2009$unknown + $unknown
$152760
$3328
2008$unknown + $unknown
$148320
$3142
2007$unknown + $unknown
$144000
$3135

Listing removed 2024-07-16
$669900
RMLS
Price Changed 2024-07-15
$669900
RMLS
Listing removed 2024-04-27
$674900
RMLS
Price Changed 2024-04-26
$674900
RMLS
Listing removed 2024-02-02
$684900
RMLS
Listed 2024-02-01
$684900
RMLS
Listing removed 2023-11-16
$715000
RMLS
Listed 2023-10-16
$715000
RMLS
Sold 2022-03-02
$652500
Public Record
Sold 2016-02-22
$339950
Public Record
Listing removed 2015-10-28
$339950
RMLS
Price Changed 2015-10-16
$339950
RMLS
Price Changed 2015-10-02
$349950
RMLS
Relisted 2015-09-18
$359950
RMLS
Listing removed 2015-08-26
$359950
RMLS
Price Changed 2015-08-21
$359950
RMLS
Listed 2015-07-27
$365000
RMLS

Net Operating Income: 30000

Year Built: 1923
Building Area Total: 2600
Building Exterior Type: Cedar, ShakeSiding
Property Age: 101
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.