Seller-Financing Available = Low Ra te 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 roomy master suite, formal dining, a living rom 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 storage 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.

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on 3125 SW Vermont St
in Portland, OR
Presented by Mackenzi Spear at
Kelly Right Real Estate Of Portland, Llc.


Property MLS #24035734 from RMLS

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+ Heating and Cooling

Cooling Features: MiniSplit
Heating Features: ForcedAir90, ForcedAir95Plus
Heating: Yes

+ Interior Features

Storage: Basement

+ Other Rooms

Basement Description: FullBasement, Unfinished

+ Land Info

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

+ Garage and Parking

Garage Spaces: 1
Parking Features: Driveway, Garage

+ Exterior and Lot Features

Road Surface Type: Paved

+ Home Features

View: ParkGreenbelt, TreesWoods

+ School Information

Elementary School: Hayhurst
High School: Ida B Wells
+ Display Complete School Details

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

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

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

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

+ Rental Info

Gross Income: 30000
Rent Includes: TrashCollection, Water

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 6115.159999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.45
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
+ Reveal Property Sale History

Price Changed 2024-04-26
$674,900
RMLS

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Listed 2024-02-01
$684,900
RMLS

+ Commercial Info

Net Operating Income: 30000

+ Building and Construction

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

+ Utilities

Sewer: PublicSewer
Water Source: PublicWater