Corner Lot Triplex with
7714-7718 SE Harold St Portland, OR 97206
7714-7718 SE Harold St, Portland, OR, 97206
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For Sale
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Single-level triplex on a corner lot with a vacant 2-bedroom unit, two leased 1-bedroom units, and upgraded systems.
Property Size2,000 SF
Price / SF$319.95
Days on Market76
Property Features for 7714-7718 SE Harold St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing agency
MORE Realty
(503) 353-6673
Listed by
Jeff Stephens · License #201237728
Source
Crexi
Added: May 8 Updated: Jul 22 at 12:50AM Checked: Jul 22 at 12:50AM
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 MORE Realty
Investment Insights
Based on property information with market context.
This single-level triplex offers three separate residences on a corner lot, with recent improvements and well-kept interiors. One 2-bedroom, 1-bath unit is currently vacant, while the two remaining 1-bedroom, 1-bath units are leased. The owner’s unit includes interior access to an attached laundry room, a private patio, and dedicated off-street parking.
The property is located just moments from the newly renovated Mt. Scott Community Center. Laundry is also available for tenants with brand new coin-operated laundry machines.
Major upgrades listed for the property include a brand new roof, new exterior paint, and a new sewer line. The homes feature vinyl windows and are described as energy efficient with high Home Energy Scores.
The property is located just moments from the newly renovated Mt. Scott Community Center. Laundry is also available for tenants with brand new coin-operated laundry machines.
Major upgrades listed for the property include a brand new roof, new exterior paint, and a new sewer line. The homes feature vinyl windows and are described as energy efficient with high Home Energy Scores.
Key Highlights
- Single‑level triplex on a corner lot with a vacant 2‑bedroom, 1‑bath unit plus two leased 1‑bedroom, 1‑bath units
- Vacant 2‑bedroom unit offers a private patio and dedicated off‑street parking
- Interior access to the attached laundry room from the owner unit
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 | $44.4k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $42.0k | $20.98 |
| − OpEx | −$12.6k | −$6.29 |
| NOI | $29.4k | $14.69 |
2,000 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$419.6K
$367.1K – $489.5K
NOI $29,371 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$376.2K
$329.2K – $438.9K
NOI $26,334 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$561.6K
$491.4K – $655.3K
NOI $39,315 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Single-level triplex on a corner lot with a vacant 2-bedroom unit, two leased 1-bedroom units, and upgraded systems.
Where is this triplex located?
The property is located at 7714-7718 SE Harold St Portland, OR.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Single‑level triplex on a corner lot with a vacant 2‑bedroom, 1‑bath unit plus two leased 1‑bedroom, 1‑bath units; Vacant 2‑bedroom unit offers a private patio and dedicated off‑street parking; Interior access to the attached laundry room from the owner unit
