Excellent investment opportunity in amazing location in sought-after Cedar Mill. Single-level Triplex with 2 Bedrooms, 1 Bathroom per unit. Recent capital improvements include NEW tear-off roof in 2021 (10-year transferrable warranty), NEW electrical panels in each unit in 2022. Assigned parking + additional parking spaces. Easy access to hi-tech corridor, shopping, dining, mass transit. 0.2 mile to bus stop & 2.7 miles to MAX Light Rail Station. Walk Score 83. Development potential - Zoned TO:RC - Transit Oriented Retail Commercial District. Fantastic opportunity! Please do not disturb tenants.
Active
$799,000
694 NW Joy Ave, Portland, OR 97229
6beds
2,592sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Assigned parkingAdditional parking spaces
- 12 days
- on Zillow |
- 292 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 05:21am
Listed by:
Jessica Corcoran 503-953-3947,
ELEETE Real Estate,
Christopher Kuehl 503-407-2414,
ELEETE Real Estate
Source: RMLS (OR),MLS#: 241842549

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ceiling, Zoned
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Tank Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Off Street
Features
- Stories: 1
Lot
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R636208
- Zoning: TO:RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Front Yard Landscaping
Location
- Region: Portland
Financial & listing details
- Price per square foot: $308/sqft
- Annual tax amount: $4,875
- Date on market: 7/25/2025
- Listing terms: Cash,Conventional
- Total actual rent: 4505
- Road surface type: Paved
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