$890,000

3123 Se 31st Ave, Portland, OR 97202

3,046 sqft

Multi-Family Home
Built in 1912
3,920sqft lot
1 car garage
$292/sqft
Listed 2 months ago

Property Description

Beautiful 3-Unit Opportunity in the Heart of Richmond. Rarely available! This charming triplex has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. Property Highlights:Updated roof and separate electrical meters. All units share water, sewer, and garbage. Inviting shared yard, grand front porch, and stately common entrance. Attached garage currently rented with Unit C. Comprehensive financial records available — includes 3.5 years of actual cash flow reports. Record-rich ownership.

Listing Status:: Active
Date Added:: August 31, 2025 at 05:00AM
Listing Office:: KJK Properties PC : 503-772-8825
Listing Agent:: Kathryn King : 503-997-9035
MLS ID:: 289396741

Basement: Partially finishedSeparate living quarters apartment aux living unit
Heating: Forced airZoned

General: Lap siding
Parking: DrivewayGarageParking spaces: 1

Roofing: Composition
General: Concrete perimeter

Road/Access: Paved
Golf: All landscapingLaundry
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: R5WAVERLEIGH HTSBLOCK 19N 43' OF LOT 10&11R298853
View: View

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Kathryn King, KJK Properties PC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Grout Elementary School

3119 SE Holgate Blvd, Portland, OR, 97202

Grades EE-5

0.63 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

0.45 miles away

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.