1721 Miller St Portland, OR 97202
- Residential income homes
- 4,284 SF
- 0.12 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 1721 Miller St
- Lot size
- 0.12 lot acres
- Property size
- 4,284 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
Exceptional investment opportunity in Portland's coveted Sellwood-Moreland neighborhood. This portfolio comprises four detached homes: a meticulously remodeled 1,672 sq ft, three-bedroom, two-bathroom home built in 1910, and three brand-new, two-bedroom, two-and-a-half-bathroom homes ranging from 848 to 882 sq ft each. The total square footage is 4,284 across all four units, situated on a 0.12-acre lot. The remodeled home features an expansive covered porch, open living area, main-level bedroom and bath, and a dedicated laundry area. Upstairs, two more bedrooms and a full bath offer additional space. The lower level provides unfinished space for storage or future development. The three new construction homes boast modern open-concept designs, with half baths on the main level and ensuite bedrooms upstairs. These homes benefit from a one-year builder's warranty. The property is zoned R2.5 and boasts a 97 BikeScore, providing easy access to New Seasons Market, local shops, restaurants, and Westmoreland City Park. High rental demand in this area makes this a turnkey investment with significant potential for strong returns. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly desirable Portland location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.647
- Latitude
- 45.4667
