2431 SE 141ST Ave, Portland, OR 97233
MULTI_FAMILY - Portland, OR
- Added:
- Mar 31, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 17 at 1:06 am
Property Features for 2431 SE 141ST Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mul
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 2, Bedroom 6
- Standard status
- Active
- APN
- R236416
- Size
- 4,516 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- PARKTOWN ADD, BLOCK 1, N 50' OF LOT 1&2
- Tax Annual Amount
- 11590
Utilities
- Heating system
- Forced Air
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1998
- Number of units
- 4
- Roof type
- Composition
Listing agent Dan McGraw (503) 805-3821
Listing office John L. Scott Portland Metro 333 NE 3rd St, Gresham, OR (503) 665-0111
Listing date Mar 31, 2026
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
- Multi‑family property custom built in 1998
- Unit #1 is located above 3 garages with additional assigned parking for each unit
- Units #2 and #3 are two‑level units
- Unit #4 is one level and built to 1998 ADA standards
- Forced air heating and wall unit(s) cooling
- Appliances include washer and dryer
Overview
Local 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 | $94.8k | $21.00 |
| − Vacancy | −$4.9k | −$1.09 |
| EGI | $89.9k | $19.91 |
| − OpEx | −$27.0k | −$5.97 |
| NOI | $62.9k | $13.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.519512
- Latitude
- 45.504556
