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170 SW Levens St, Dallas, OR, 97338
Well-Maintained Triplex

170 SW Levens St Dallas, OR 97338

For Sale
$600,000

This well-maintained triplex offers three units with two bedrooms, in-unit laundry, and private patios.

Days on Market42

Property Features for 170 SW Levens St

General Information

Standard status Active
Property subtype Multi Family Home

Building Details

Year Built 1992
Listing Agency: Kelly Right Real Estate
Listed By: Heidi Johnson · License #200505228
Source: Allprofessionalsre
Added: Jun 18 Changed: Jul 26 Last Checked: Jul 26 at 4:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly Right Real Estate

Investment Insights

Based on property information with market context.

Well-maintained triplex with three residential units. Each unit is configured with two bedrooms and one full bathroom, plus in-unit laundry, a spacious living room, and a generous kitchen. Residents also have access to a private patio, accessible from the rear entrance.

The property is located in the heart of Dallas and is positioned across from Lyle Elementary School. It is also described as being near parks, shopping, dining, and public transit.

Long-term tenants are in place, with established occupancy. This makes the property suited for buyers looking for a managed, income-producing residential investment.

Key Highlights

  • Well‑maintained 3‑unit tri‑plex built in 1992 in Dallas
  • Each unit has 2 bedrooms and 1 full bathroom
  • In‑unit laundry in every unit

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $46.6k $18.36
− Vacancy −$3.1k −$1.20
EGI $43.5k $17.16
− OpEx −$13.1k −$5.15
NOI $30.5k $12.01
2,538 SF · lease $18.36/SF/yr · vacancy 6.55% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$435.5K
$381.0K – $508.0K (±1% cap)
NOI $30,482 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$401.0K
$350.9K – $467.9K (±1% cap)
NOI $28,071 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$673.9K
$589.6K – $786.2K (±1% cap)
NOI $47,170 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Restaurant Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - This well-maintained triplex offers three units with two bedrooms, in-unit laundry, and private patios.
Where is this triplex located?
The property is located at 170 SW Levens St Dallas, OR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Well‑maintained 3‑unit tri‑plex built in 1992 in Dallas; Each unit has 2 bedrooms and 1 full bathroom; In‑unit laundry in every unit
More about this property
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