3414 SE 62nd Ave
Portland, OR 97206
- 5 beds
- 3 baths
- 1,960 sqft
- 4,791 sqft lot
- $344 per sqft
- 1968 build
- – on site
Turnkey duplex with bonus studio, fully remodeled and income-ready. This beautifully updated property features a newly constructed studio unit completed in March 2025, effectively functioning as a three-unit investment—ideal for both investors and owner-occupants seeking flexibility and strong cash flow. All units have been thoughtfully upgraded with modern finishes, including stylish LVP flooring, stainless steel appliances, and sleek bathrooms. The property holds a short-term rental permit and is currently operating as a successful short-term rental, offering excellent potential for both short- and long-term income streams. Each unit enjoys its own private fenced patio, complemented by a new front gate and low-maintenance, durable finishes throughout. A wide driveway provides ample off-street parking for added convenience. Live in one unit and rent the other two, or lease all three for projected long-term rental income of $5,300 per month—ask for the proforma. Ideally situated within easy access to public transit, shopping, and the natural beauty of Mt. Tabor Park, this move-in-ready property is a rare opportunity to own a bright, stylish multi-unit in a high-demand area.
Last checked:
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Checking…
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Last updated May 16, 2025
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MLS# 322191869 —
The Building
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Year Built:1968
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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:CrawlSpace
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Foundation Details:ConcretePerimeter
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Exterior Description:Brick, VinylSiding
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Window Features:DoublePaneWindows, VinylFrames
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Security Features:Entry, SecuritySystemOwned
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Accessibility:true
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Accessibility Features:AccessibleFullBath, OneLevel
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Building Area Description:Owner
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Building Area Total:1960.0
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Building Area Calculated:1960
Interior
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Interior Features:Furnished, VinylFloor, WasherDryer
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Energy Efficiency Features:ENERGYSTARQualifiedAppliances,MiniSplit
Room Dimensions
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Main Level Area Total:1960
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:Powell Blvd, north on SE 62nd, east side of street
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Latitude:45.497934
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Longitude:-122.599221
The Property
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Parcel Number:R133882
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Features:Level
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Lot Size Range:SqFt3000to4999
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Lot Size Acres:0.11
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Lot Size SqFt:4791.0
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Zoning:RM1
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View:false
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (971) 716-5351
- Office phone:
- (800) 791-0825
Taxes
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Tax Legal Description:CHULA VISTA, BLOCK 6, LOT 7
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Tax Annual Amount:5305.88
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
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Total Baths:3.0
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Total Baths Main Level:3.0
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Full Baths Main Level:3
Heating & Cooling
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Heating:Baseboard, MiniSplit, WallHeater
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Heating:true
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Cooling:MiniSplit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity
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Internet Service Type:FiberOptics
Appliances
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Appliances:Dishwasher, Disposal, ENERGYSTARQualifiedAppliances, FreeStandingRange, FreeStandingRefrigerator, Quartz, StainlessSteelAppliance
Schools
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Elementary School:Atkinson
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Middle Or Junior School:Mt Tabor
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High School:Franklin
The Community
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Subdivision Name:South Tabor
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:Driveway, OnStreet
Monthly cost estimate
Asking price
$675,000
| 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. |
$3,614
|
| Taxes | $442 |
| Insurance | $185 |
| Utilities | $158 See report |
| Total | $4,399/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 |
|---|---|---|---|---|
|
5/16/25
May 16, 2025
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Price Changed | RMLS | $675,000 | -1.5% |
|
4/25/25
Apr 25, 2025
|
Listed / Active | RMLS | $685,000 |
