About This Home
This 5-bedroom, 3-bathroom residential multi family at 3929 SE 70TH Ave in Portland, OR is listed for $575,000 ($245 per sqft). Built in 1906, the home offers 2,351 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1906
- 0.11 acre lot
- 3 stories
Property Details
Great FoPo investment opportunity in this spacious Four Square home! This price includes a new roof to be installed prior to closing. Currently configured as a duplex and on record as a triplex, this property offers multiple ways to maximize value with 5 bedrooms, possibly 6 with a non-conforming bedroom in the lower level.
The existing layout could be converted back to a triplex, creating an opportunity for additional rental income and equity growth. The lower level features a separate entrance, kitchenette with range and refrigerator, one legal bedroom, and a second non-conforming bedroom.
The main floor includes a full kitchen, bedroom, dining room, utility room, and living area. Upstairs, two bedrooms are already in place, along with flexible space that could be a third bedroom or additional living area with a kitchen. A finished attic adds even more usable square footage and room to expand.
Situated on a corner lot, the property also offers the potential of adding additional unit or tiny home. Recent updates include fresh interior paint and new carpets. With its multi-unit configuration, flexible floor plan, and opportunities for further development, this property is well suited for an investor looking to increase rental income and build equity.
Located in the heart of Foster-Powell with a 100 Bike Score, the property offers easy access to Kern Park, local shops, restaurants, and favorite FoPo neighborhood amenities. This is an as-is sale, with the exception of the roof being replaced prior to closing. [Home Energy Score = 1. HES Report
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3929 SE 70TH Ave
Portland, OR 97206
FOSTER - POWELL
Property Details
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 3929 SE 70TH Ave is listed at $575,000 ($245/sqft). The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1906, 0.11 acre lot, 3 stories.
This property is listed by John McKay and can be reached at 5037025529.


