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  • Price cut: $50K (7/31)
    $1,100,000

    121 SE 30th Pl, Portland, OR 97214

    8beds
    3,240sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $340/sqft
    $-- HOA

    What's special

    Interior paintCadet heatersDouble closetsBamboo floorsHardwood floorsLow-e vinyl windowsLvp flooring
    Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 7.44 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.
    164 days
    on Zillow
    |
    437
    |
    25
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 07:53am

    Listed by:

    Teri Toombs 503-522-1691,

    Wood Land Realty,

    Reg Martocci 508-340-1456,

    Wood Land Realty

    Source: RMLS (OR),MLS#: 493082979MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 121 SE 30th Pl.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    • Windows: Window Coverings
    • Basement: Crawl Space
    Interior area
    • Total structure area: 3,240
    • Total interior livable area: 3,240 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,227.2 Square Feet
    • Features: Level, Trees, SqFt 5000 to 6999
    Details
    • Parcel number: R214625
    • Zoning: R2.5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, DSL

    Community & HOA

    Community
    • Features: Laundry
    • Subdivision: Kerns
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $340/sqft
    • Annual tax amount: $10,810
    • Date on market: 3/14/2025
    • Listing terms: Conventional
    • Total actual rent: 4045
    • Road surface type: Paved
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