121 SE 30TH PL, Portland, OR 97214

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Sold Price
$1,025,000
List Price
$1,000,000
Closing Date
Nov 03, 2025
Days on Market
234
MLS#
493082979
Property Type
Multifamily
Sqft. of Residence
3,240
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
SOLD

Property Description

Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Desirable Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.

Additional Information

Tax Amount
$10,810
Year Built
1965
High School
Franklin
Elementary School
Sunnyside Env
Middle School
Sunnyside Env
Acres
0.12
Living Area
3,240
Stories
2
Subdivision
Kerns
Terms
Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard, Wall Heater
Hoa Rent Includes
Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1595
Unit Type One Sq Ft
576
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
2
Unit Type Three Baths Total
2
Unit Type Three Beds Total
3
Unit Type Three Rent
2450
Unit Type Three Sq Ft
1056
Unit Type Three Units Total
1

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Listing courtesy of Wood Land Realty. Selling Office: Keller Williams Realty Portland Premiere.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.