Listing provided courtesy of John L. Scott Portland Metro- MLS# 680828430MLS ProviderContact Information: 503-805-3821

2431 SE 141ST AVEPortland, OR 97233

Multi-Family · 4,516 Sq. ft. | 0.22 Acres
$850,000 Active

2431 SE 141ST AVE Overview

Time on Site:
90 days
Visits:
4

Excellent opportunity for investor or owner occupied investor. This multi-family property is custom built and has been meticulously maintained. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. Appliances include washer and dryer. This is a fantastic opportunity for an adept investor seeking stable rental income with potential for growth. to show Unit #2 which is currently vacant.` Please do not walk the property or disturb the tenants. Convenient public transportation nearby.

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2431 SE 141ST AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,516
  • Price/Sq.ft. $188
  • Lot 0.22 Acres

Details

General

School Information

  • Elementary School: Lincoln Park
  • Middle Or Junior School: Ron Russell
  • High School: David Douglas

Income/Expenses

  • Gross Income: 68097.0
  • Net Operating Income: 38992.0
  • Operating Expense: 29105.0

Building Information

  • Year Built: 1998

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: Hazelwood

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 11590.24
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: R236416
  • Property Type: Multi Family
  • Zoning: Mul

Interior

Parking Information

  • Garage Spaces: 3.0

Building Interior

  • Building Area Total: 4516.0

General Information

  • Basement: Crawl Space
  • Cooling: Wall Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air,Wall Heater
  • Security Features: Security Lights

Exterior

Parking Information

  • Parking Features: Assigned,Garage
  • Parking Total: 4.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 50' x 187'
  • Lot Size Square Feet: 9583.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2431 SE 141ST AVE Neighborhood

Community

97233 (Portland) Demographics

34
Median Age
8,544
Population Density (per sq. mile)
24%
College Educated
$46,433
Estimated Median Income
6,636
Estimated Total Home Owners
7,021
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2431 SE 141ST AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2431 SE 141ST AVE Market Data

Based on the last 30 days in this zip code

$357,073
Average List Price
$252
Average Price per Square Foot
21
Properties Sold
107
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network

2431 SE 141ST AVE History

Date Event Value Agent
6/30/2026Source: Regional MLS Price Reduction
$850,000 -2.9%
3/31/2026Source: Regional MLS Added to Database
March 31, 2026