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    3123 SE 31st Ave Portland, OR 97202

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    Claim this Listing
    For Sale
    $854,000

    MULTI_FAMILY - Portland, OR

    Property size:
    3,046 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $280/SF
    Added:
    Aug 31, 2025
    Days on Market:
    243
    Last Refresh:
    Apr 30 at 10:06 am

    Property Features for 3123 SE 31st Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2
    Standard status
    Active
    APN
    R298853
    Size
    3,046 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    WAVERLEIGH HTS, BLOCK 19, N 43' OF LOT 10&11
    Tax Annual Amount
    9257

    Utilities

    Heating system
    Forced Air, Zoned

    Building Details

    Year built
    1912
    Floors in Building
    3
    Number of units
    3
    Roof type
    Composition

    We can help!

    Listing Contact
    Kathryn King
    Kathryn King

    Listing agent Kathryn King License #971100115

    Listing office KJK Properties PC 13343 SE Stark St., Suite 200, Portland, OR

    Listing date Aug 31, 2025

    MLS# 289396741 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.


    Overview

    Charming Plex Opportunity in Richmond

    Located in the heart of Richmond, this charming plex presents a rare opportunity. The property has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. The property features an updated roof and separate electrical meters. All units share water, sewer, and garbage services. Residents can enjoy an inviting shared yard, a grand front porch, and a stately common entrance. The property includes an attached garage, which is currently rented with Unit C. The lot size is 0.09 acres. The property size is 3046 square feet. Comprehensive financial records are available, including 3.5 years of actual cash flow reports. The zoning is R5.
    Property Profile Insight Report 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 Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.633811
    Latitude
    45.500111

    FAQs

    What type of property is this?
    Triplex - Well-maintained plex in the heart of Richmond with shared yard.
    Where is this triplex located?
    The property is located at 3123 SE 31st Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $854,000.
    What are key features of this property?
    This property features: Rare opportunity to own a well‑maintained plex in the heart of Richmond.; Updated roof and separate electrical meters.; Comprehensive financial records available, including 3.5 years of cash flow reports.
    More about this property
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