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About the Listing MRER01 - STEPJEFF
Unlock the ideal blend of homeownership and wealth-building with this lovingly maintained single-level triplex, perfectly positioned on a corner lot just moments from the newly renovated Mt. Scott Community Center. This is a rare opportunity to live in the spacious vacant 2-bedroom, 1-bath unit while the two leased 1-bedroom, 1-bath units generate steady market-rate income—helping offset your mortgage while you build long-term equity. The owner’s unit is designed for comfort and convenience, featuring interior access to the attached laundry room (no need to step outside), a private patio, and dedicated off-street parking, making it feel like a true standalone home. Meanwhile, tenants enjoy well-kept units and access to brand new coin-operated laundry machines, providing additional passive income. With major upgrades already completed—including a brand new roof, new exterior paint, and a new sewer line—this property offers peace of mind and minimal deferred maintenance. Whether you're looking to break into real estate investing or expand your portfolio while enjoying the benefits of homeownership, this is an exceptional “live-in-one, rent-the-rest” opportunity that checks all the boxes. The units are very energy efficient, with vinyl windows and high Home Energy Scores!
Listing Highlights
Status
Pending
Days on Site
21
Property Type
Multi-Family
MLS ®
509495336
Year Built
1952
Total Square Footage
0
Lot/Acreage
N/A
County
Multnomah
Neighborhood
Mt. Scott - Arleta
Elementary School
Marysville
Middle School
Kellogg
High School
Franklin
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Zoning: RM1
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Driveway,On Street
Financial Details
- Tax Amount: $6,053
- Taxes w/Assessments: N/A
- Tax/Property ID: R133061
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
7704 SE Harold St SE Portland, OR 97206
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