For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Well-Maintained Triplex with Fenced Yards Title is generated by Realmo AI

    1700 NE 231ST Ct, Wood Village, OR 97060

    View on Map
    Claim this Listing
    For Sale
    $839,900

    MULTI_FAMILY - WoodVillage, OR

    Property size:
    2,716 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $309/SF
    Added:
    May 3, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 27 at 2:06 am

    Property Features for 1700 NE 231ST Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MR2
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
    Standard status
    Active
    APN
    R140013
    Size
    2,716 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Description
    COREANDER, LOT 15
    Tax Annual Amount
    5360

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1980
    Floors in Building
    1
    Number of units
    3
    Roof type
    Composition

    We can help!

    Contact an agent
    Cindy Smith

    Listing agent Cindy Smith License #201225025

    Listing office RE/MAX Equity Group 9200 SE Sunnybrook Blvd 100, Portland, OR

    Listing date May 3, 2026

    MLS# 211596624 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Wood Village triplex built in 1980 with forced‑air heating and a composition roof
    • Set on a large 0.25‑acre lot on a quiet cul‑de‑sac
    • Each one‑level unit includes washer/dryer hookups, a fully fenced yard, and a covered patio
    • 7 off‑street parking spaces for tenants
    • Approx. $25K in recent improvements, including new exterior paint (2021), vinyl windows, and LVP flooring
    • Investment listing cites an estimated 6.49% cap rate and notes interior updates across the units

    Overview

    This well-maintained triplex offers three one-level residential units positioned on a quiet cul-de-sac on a large 0.25-acre lot. Each unit includes a washer/dryer hookup, a fully fenced yard, and a covered patio designed for practical, lower-maintenance living. Two units also have new storage sheds for renter use. The property has seen a recent investment of approximately $25,000 in improvements, including new exterior paint in 2021, vinyl windows, LVP flooring, and an example of upgraded finishes such as granite countertops and stainless-steel kitchen appliances in one unit. There are 7 off-street parking spaces, supporting everyday tenant needs. The listing is zoned MR2 and has been exceptionally well cared for by long-term ownership.

    Located in Wood Village (Multnomah County), the property provides quick access to I-84 and is convenient to bus lines, public parks, dining, retail, and outlet shopping.

    This offering is well suited to investors seeking an income-focused asset with interior updates intended to help control maintenance costs. With consistent, renter-friendly unit features and documented improvements, it may appeal to buyers looking for a turn-key feel and long-term holding potential. Please note the property is currently occupied by renters; do not walk the property or disturb tenants, and submit offers subject to full inspection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wood Village
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.425138
    Latitude
    45.535466

    FAQs

    What type of property is this?
    Triplex - Three one-level units with washer/dryer hookups, covered patios, fully fenced yards, and off-street parking for stable income.
    Where is this triplex located?
    The property is located at 1700 NE 231ST Ct Wood Village, OR.
    What is the asking price?
    The asking price for this property is $839,900.
    What are key features of this property?
    This property features: Wood Village triplex built in 1980 with forced‑air heating and a composition roof; Set on a large 0.25‑acre lot on a quiet cul‑de‑sac; Each one‑level unit includes washer/dryer hookups, a fully fenced yard, and a covered patio
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message