The subject property consists of five units with covered parking on SE 30th Place, just a block off of E Burnside St, in the heart of Portland’s Close-In Eastside. All five units at the subject 5-plex are townhouse-style with two bedrooms and one bathroom and include a separate dining area with ample closet space. Averaging approximately 900 square feet, all units include a covered tuck-under parking space and a storage unit. Laundry is shared in the basement and is free for tenants to use. Over the last ten years every unit at the property has been renovated with new kitchens, fixtures, flooring, and paint. The rents at this turn-key property are below market, providing upside for a new owner.
Multi-familyProperty Type
1967Year Built
Listed by Parvaneh Kalantari• Vitality Home Realty
Kerns, located between Burnside Street and SE Hawthorne Boulevard, is a walkable and design-forward Portland neighborhood with early-20th-century bungalows and a strong food-and-drink scene. The neighborhood’s character concentrates around NE 28th Avenue and E Burnside Street, where sidewalk patios, chef-driven dining rooms, and small specialty storefronts keep the blocks busy. Local pillars include Laurelhurst Theater, Screen Door Eastside, and the Zipper building’s cluster of independent makers and studios. Tree-lined residential streets sit behind commercial corridors, mixing classic porches with crisp infill. Pocket parks and nearby Laurelhurst Park add green breaks between errands and evenings out. Bike lanes and frequent bus service stitch Kerns into the inner eastside grid.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
Individual storage units
Bedrooms
Two-bedroom units (five identical units)
Bathrooms
One bathroom per unit
Kitchen
Dishwasher
Range
Refrigerator
Laundry & utility
Electric hot water
Heating & cooling
Wall furnace heating
No central cooling
Exterior features
Cement and lap siding
Flat roof
Home design
Multi-family property
Not attached
Existing condition
Parking
Covered carport parking
Construction
Built in 1967
Slab foundation
Utilities
Public water
Public sewer
Electricity for fuel
Financial info
Five total units
Each unit approx. 900 sq ft
Reported actual rent per unit: $1,789
CAP rate: 5.71
Gross rent multiplier: 10.38
Other
Zoning: mult
Electricity and solar
View estimated energy costs and solar savings for this home
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97214
Average low and high temperatures (°F)
47
37
50
38
57
44
65
46
71
50
77
55
83
59
83
63
77
58
63
49
53
44
51
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 117 SE 30th Pl
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.