3118 SE Yamhill St - Apartments FOR SALE


Portland, OR 97214- Sunnyside
$645,000 USD
503-704-9173
3118 SE Yamhill St, Portland, OR for Sale
$645,000 USD
Apartments - FOR SALE
1/15
null | 5.26% Cap Rate

3118 SE Yamhill St
Portland, OR 97214
Sunnyside


HIGHLIGHTS

  • Desirable Corner Lot
  • Loads of Old World Charm
  • Highly Desirable Rental Location
  • Hardwood Floors
  • Porches & Yard
  • Walk Score - 95, Bike Score - 98

OVERVIEW

Nestled in the heart of the Sunnyside neighborhood, this well-cared-for corner-lot Tri-plex offers a rare blend of historic charm and everyday functionality. Built in 1903, this property showcases original character throughout, from its timeless architectural details to its warm, inviting atmosphere. Each unit is filled with natural light and features a practical, livable layout that maximizes comfort and usability. Residents enjoy access to shared laundry and additional storage in the basement, adding convenience to daily living. Outside, two welcoming porches and backyard provide ideal spaces to relax or entertain, while the corner lot enhances both privacy and curb appeal. Ample street parking is available. Located just moments from the vibrant SE Hawthorne and SE Belmont corridors, this property offers unbeatable proximity to local shops, dining, and entertainment. Commuting is a breeze with easy access to downtown, Portland State University (PSU), Oregon Health & Science University (OHSU), and nearby transit options. A unique opportunity to own a piece of Sunnyside’s history in one of Portland’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$645,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

3

PRICE/UNIT

$215,000

CAP RATE

5.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belmont / Hawthorne Tri-Plex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,921 SF

ZONING

R2.5

APN/PARCEL ID

R280620

ASK ABOUT THIS PROPERTY

Kathy RogersTownship Properties Real EstateMore Info
503-704-9173

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Kathy RogersTownship Properties Real EstateMore Info
503-704-9173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.