Multi-Family $ 799,000

694 NW JOY AVE

Portland, OR 97229

  • 2,592 SqFt
  • 1959 Year Built
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. Unit 690 updates include interior paint, flooring & washer/dryer in October 2023. Assigned parking + additional parking spaces. Easy access to 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. Property to be sold in tandem with additional Triplex across the courtyard, see MLS# 24553472. Combined tax lots total 14,880 square feet. Fantastic opportunity! Please do not disturb tenants.
Listed by ELEETE Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 592 sqft

    Price per Sqft $308

    Subdivision Cedar Mill

    MLS Listing ID 24444756

    Year Built 1959

    Annual Tax Amount $4,875

    Tax Year 2024

  • Location

    State OR

    County Washington

    Community Frontyardlandscaping

    Area _149

    Zoning TO:RC

  • Rooms

    Basement Crawl Space

  • Building

    Lot Description Level

    Story 1

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public Water

    Level or Stories 1

  • Interior

    Heating Ceiling, Zoned

  • Exterior

    Community Features FrontYardLandscaping

    Roof Type Composition

    Garage No

  • Schools

    Elementary Schools Terra Linda

    Middle Schools Tumwater

    High Schools Sunset

  • Others

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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REVIEWS

matthew mckay81

Jessica has been an incredible partner in both selling and buying our homes—twice now! Her responsiveness, expertise, and dedication to our needs made the process smooth each time. She guided us through complex situations, including supporting us when we chose to withdraw an offer due to inspection issues, and her expert negotiation saved us tens of thousands on our current home. Even after closing, she remains a valuable resource. We couldn't be happier with her commitment and highly recommend Jessica to anyone looking for a truly exceptional agent!

CONTACT

agent
Jessica Corcoran

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