Triplexes Package with Private
New
For Sale
$875,000
3002 SE BROOKLYN St, Portland, OR 97202
MULTI_FAMILY - Portland, OR
Property Size2,736 SF
Lot Size0.14 Acres
Price / SF$319.81
Days on Market4
Property Features for 3002 SE BROOKLYN St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 5
Subdivision
RICHMOND
Elementary school
Grout
Middle school
Hosford
High school
Cleveland
Directions
Powell, North on 29th, East on Brooklyn
Standard status
Active
APN
R298878
Size
2,736 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
WAVERLEIGH HTS, BLOCK 20, LOT 15, E 1/2 OF LOT 16
Tax Annual Amount
12728
Legal Description
WAVERLEIGH HTS, BLOCK 20, LOT 15, E 1/2 OF LOT 16
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
central air conditioning
original hardwood floors
private basement
shared courtyard
Building Details
Year built
1959
Floors in Building
1
Number of units
3
Roof type
Composition, Shingle
Listing Agency:
Rarebird Real Estate
(503) 451-0545
Listed By:
Benjamin Ficker · License #200412166,OR
(971) 273-5547
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 2 at 12:06PM
MLS# 715983655
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.
This offering pairs a well-cared-for triplex with an adjacent triplex, sold together under single ownership to form a six-unit package. Both buildings must close concurrently, and offers are subject to interior inspection with tenants on-site.
A key differentiator is the private space: each unit includes its own garage and its own basement, accessible to that tenant alone. The buildings were constructed in 1959 and feature forced air heating and central air conditioning. Roof coverings include composition and shingle. Most units have already been updated, and new water service lines have been run to the building.
The shared courtyard supports a residential setting. Operationally, water, sewer, and gas are billed directly to tenants, while trash is the owner’s only utility obligation. The property is zoned R5 and sits on a 0.14-acre lot with 2,736 square feet of building area.
A key differentiator is the private space: each unit includes its own garage and its own basement, accessible to that tenant alone. The buildings were constructed in 1959 and feature forced air heating and central air conditioning. Roof coverings include composition and shingle. Most units have already been updated, and new water service lines have been run to the building.
The shared courtyard supports a residential setting. Operationally, water, sewer, and gas are billed directly to tenants, while trash is the owner’s only utility obligation. The property is zoned R5 and sits on a 0.14-acre lot with 2,736 square feet of building area.
Key Highlights
- Six‑unit triplex package sold together under single ownership; both buildings must close concurrently
- Each unit has its own private garage and private basement accessible only to that tenant
- Forced air heating and central air conditioning
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 | $60.7k | $22.20 |
| − Vacancy | −$3.9k | −$1.44 |
| EGI | $56.8k | $20.76 |
| − OpEx | −$17.0k | −$6.23 |
| NOI | $39.8k | $14.53 |
2,736 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$567.9K
$496.9K – $662.6K
NOI $39,754 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$527.3K
$461.4K – $615.2K
NOI $36,912 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$652.7K
$571.1K – $761.5K
NOI $45,691 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 97202, OR
43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Six-unit triplex package under one ownership, with each unit featuring its own garage and private basement.
Where is this triplex located?
The property is located at 3002 SE BROOKLYN St Portland, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Six‑unit triplex package sold together under single ownership; both buildings must close concurrently; Each unit has its own private garage and private basement accessible only to that tenant; Forced air heating and central air conditioning
