Listing provided courtesy of Realty Portland- MLS# 409599577MLS ProviderContact Information: 503-858-4089

3371 SE 7TH AVEPortland, OR 97202

Multi-Family · 2,937 Sq. ft. | 0.20 Acres
$775,000 Pending

3371 SE 7TH AVE Overview

Time on Site:
44 days
Visits:
0

Exceptional value-add triplex in the Brooklyn neighborhood of Southeast Portland. This well-located property offers three spacious units on a large lot, presenting a rare opportunity for investors to unlock significant upside. New 45 year roof, new gutters. Current rents are substantially below market, providing strong long-term income growth potential. Each unit has generous layouts, and the property is very close to Downtown Portland, Division Street, Sellwood, and major transit corridors. Each unit has wood burning fireplace. Two units have views of the Willamette River and Downtown PDX. Large deck off 3-bdrm, and large shared yard. 6 parking spaces and 1-car garage. Do not disturb tenants.

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3371 SE 7TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,937
  • Price/Sq.ft. $264
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Grout
  • Middle Or Junior School: Hosford
  • High School: Cleveland

Income/Expenses

  • Gross Income: 47160.0
  • Net Operating Income: 28300.0
  • Operating Expense: 18860.0

Building Information

  • Year Built: 1980

Location/Region

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

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 10258.45
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: R212122
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R5

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 2937.0

General Information

  • Basement: None
  • Foundation Details: Slab
  • Heating: Baseboard
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage,Off Street
  • Parking Total: 7.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Water Source: Public Water

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

3371 SE 7TH AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
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.

3371 SE 7TH 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.

3371 SE 7TH AVE Market Data

Based on the last 30 days in this zip code

$731,346
Average List Price
$363
Average Price per Square Foot
38
Properties Sold
70
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

3371 SE 7TH AVE History

Date Event Value Agent
6/12/2026Source: Regional MLS Status Change
Pending
5/16/2026Source: Regional MLS Added to Database
May 16, 2026