$875,000
4 Beds
3 Baths
2,054 SqFt
0.16 Acre Lot
6,969 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1903
Neighborhood Westmoreland/sellwood
Days on Website 57

Property Map

$875,000 – 1542 Se Malden St, Portland, OR 97202

Street View

Listing courtesy of Soldera Properties, Inc.

Description

Turnkey triplex in the heart of Sellwood has been owned, managed, and lovingly maintained by locals, who can tell you from experience you won’t find a better spot to live or own investment property. Just a short distance from everything Westmoreland/Sellwood has to offer, from coffee shops, restaurants, a theater, bike shops, vintage stores, gift shops and yoga studios to nearby access for the Willamette River and Oaks Bottom Wildlife Refuge. This location, just a short hop to OHSU and minutes from downtown Portland, Milwaukie, or Lake Oswego (take your pick), really does have it all! The main floor 2-bedroom unit features high ceilings and vintage details with a fantastic floorplan, plus an expansive front porch, quaint back porch off the kitchen for access to the beautiful backyard, basement storage and a slider off the bedroom to a private deck. Ultra-livable 1-bedroom upstairs units are light and bright, with open kitchens, ample storage and a picturesque, covered balcony for relaxing outdoors. The exterior is well maintained, with cedar wood siding, fresh paint and a newer roof. All units have double-pane vinyl windows, updated plumbing & electrical and washers/dryers. This beautiful gem draws respectful long-term renters and is perfect to live in while upstairs tenants help supplement the mortgage. Large lot with natural landscaping provides enjoyment for nature lovers and the friendly neighborhood vibe makes this house perfect for an owner-occupied investment or multi-generational living. Opportunities like this don’t come along every day, so don’t let this be the one that got away! Please respect the tenants privacy and do not walk the property or disturb them. Thank you.

Property Details and Features

Property Access

  • Road Surface Type: Paved

Basement

  • Basement: Unfinished

Bathrooms

  • 3 total baths
  • 3 full bathrooms
  • 1 total main level bath
  • 1 main level full bath
  • 2 upper level total baths
  • 2 upper level full baths

Bedrooms

  • 4 total bedrooms

Building

  • Architectural Style: Stories2
  • Building Area Calculated: 2054
  • Building Area Description: Flrpln
  • Building Area Total: 2054
  • Built in 1903
  • Main Level Area Total: 1073
  • Stories: 2
  • Upper Level Area Total: 981

Disclosures

  • Disclosures: Disclosure

Exterior Features

  • Exterior Description: Cedar

Foundation

  • Foundation Details: ConcretePerimeter

Heating

  • Heating Available
  • Heating: ForcedAir,WallHeater

Listing

  • Contract Status Change Date: 2024-07-25
  • Days On Market: 57
  • Last Transaction Date: 2024-07-26 17:08:37
  • List Price: $875,000
  • Listing Contract Date: 2024-07-25
  • Listing Id: 24199719
  • Mls Status: Active
  • Modification Timestamp: 2024-08-06 20:00:01
  • On Market Date: 2024-07-25
  • Rent Amount: $4,740
  • Standard Status: Active

Location

  • MLS Area Major: _143
  • Subdivision Name: WESTMORELAND/SELLWOOD
  • County Or Parish: Multnomah

Lot

  • Features: Level
  • Size Acres: 0.16
  • Size Dimensions: 50′ X 137′
  • Size Range: SqFt5000to6999
  • Size Square Feet: 6,969
  • Size: 5,000 to 6,999 SqFt

Parking

  • Features: OnStreet

Possession

  • Possession: SubjectToTenantRights

Property

  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Zoning: R5

Roof

  • Roof: Composition

Schools

  • High School: Cleveland
  • Middle Or Junior School: Sellwood
  • Elementary School: Llewellyn

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $9,173
  • Legal Description
  • Tax Year: 2023

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water Description: Electricity
  • Water Source: PublicWater

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This content last updated on September 21, 2024 20:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.