17941 SE Main St
Portland, OR 97233
- 2 beds
- 1 bath
- 1,008 sqft
- ~3/4 acre lot
- $644 per sqft
- 1949 build
- – on site
Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties: 1210 SE 179th Ave (MLS# 767340896) – $2,495/mo 1214 SE 179th Ave (MLS# 206884563) – $1,895/mo 17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income—perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All data—including financials, zoning, and rental agreements—to be verified by the buyer. Shown by appointment only and limited showings. Please do not disturb tenants.
Last checked:
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Last updated May 9, 2025
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MLS# 546685047 —
The Building
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Year Built:1949
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New Construction:false
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Architectural Style:Stories1
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Roof:Composition
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Stories:1
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Basement:None
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Foundation Details:ConcretePerimeter
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Exterior Description:LapSiding
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Exterior Features:RVParking, ToolShed, Workshop, Yard
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Building Area Description:Trio
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Building Area Total:1008.0
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Building Area Calculated:1008
Interior
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Interior Features:WalltoWallCarpet
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:1008
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Main Street
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Latitude:45.514157
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Longitude:-122.478055
The Property
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Parcel Number:R258584
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:Level
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.75
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Lot Size SqFt:32670.0
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Zoning:LDR-5
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View:false
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 886-9156
- Office phone:
- (888) 814-9613
Taxes
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Tax Year:2024
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Tax Legal Description:ROCKWOOD PK, BLOCK 1, EXC E 53' OF S 155' W 134' OF LOT 2
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Tax Annual Amount:4344.08
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
Heating & Cooling
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Heating:ForcedAir, WallHeater
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:PublicWater
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Fuel Description:Gas
Appliances
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Appliances:BuiltinOven, Cooktop, Dishwasher, FreeStandingRefrigerator
Schools
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Elementary School:Alder
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Middle Or Junior School:H.B. Lee
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High School:Reynolds
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:2.0
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Parking Total:2.0
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Parking Features:Driveway, RVAccessParking
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RV Parking:RVParking,RVBoatStorage
Monthly cost estimate
Asking price
$650,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,480
|
| Taxes | $362 |
| Insurance | $178 |
| Utilities | $141 See report |
| Total | $4,161/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/9/25
May 9, 2025
|
Listed / Active | RMLS | $650,000 |
