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Townhome-Style Triplex
New
For Sale
$674,900

201 SE 176TH Pl, Portland, OR 97233

MultiFamily, Portland, OR

Property SizeContact for details
Lot Size0.27 Acres
Days on Market5

Property Features for 201 SE 176TH Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MDR24
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Subdivision ROCKWOOD
Elementary school Alder
Middle school Centennial
High school Reynolds
Directions BURNSIDE, SOUTH ON 176 PL, ON RIGHT
Standard status Active
APN R179127
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description HERBOWE, BLOCK 1, LOT 3
Tax Annual Amount 7449
Legal Description HERBOWE, BLOCK 1, LOT 3

Utilities

Heating system Baseboard

Amenities

private deck
garage
off-street parking
backyard

Building Details

Year built 1977
Floors in Building 2
Number of units 3
Roof type Composition
Listing Agency: MORE Realty
Listed By: Jeff Stephens · License #201237728
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 18 at 1:06AM
MLS# 171257531

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.

Investment Insights

Based on property information with market context.

Built in 1977, this triplex contains three split-level residences arranged with living rooms and kitchens on the upper level and bedrooms and bathrooms below. Each unit includes a private deck, individual garage, and additional off-street parking. The property sits on a 0.27-acre lot with a grassy backyard, composition roofing, and baseboard heating. Exterior paint and flooring have been updated in multiple areas, and all three residences are occupied by established tenants.

Unit 205 includes added improvements such as mini-split HVAC with air conditioning, stainless steel appliances, a remodeled bathroom, and upgraded flooring. Bay windows bring natural light into the living areas. The property is near Burnside Avenue and MAX light rail access while maintaining a residential setting. Zoning is MDR24.

Key Highlights

  • Three occupied residential units with split‑level townhome‑style layouts
  • Each unit includes a private deck, garage, and additional off‑street parking
  • 0.27‑acre lot with a grassy backyard

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Computer & Electronic Repair Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby

Demographics for 97233, OR

41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Split-level residences provide distinct living and sleeping areas with private outdoor space and individual garages.
Where is this triplex located?
The property is located at 201 SE 176TH Pl Portland, OR.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Three occupied residential units with split‑level townhome‑style layouts; Each unit includes a private deck, garage, and additional off‑street parking; 0.27‑acre lot with a grassy backyard
More about this property
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