Consistently rented triplex in the heart of highly desirable SE Hawthorne. This turn of the century grande dame boasts spacious, light filled units with tall ceilings and expansive wood floors. Huge, clean basement w potential for many uses. Earns over $53,000 in rent/year. Walk score 92, Walkers Paradise: 2 blocks to food carts, coffee, restaurants. Bike score 98, Bikers Paradise. Do not disturb tenants. Call/email for financial info.
Multi-familyProperty Type
1904Year Built
$214Est. Price/Sq.Ft.
Listed by Andrew Berlinberg• Keller Williams Realty Professionals
Bought with Allison Fuller• Keller Williams Realty Professionals
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1904
Sq. Ft.
3,258
Year built
1904
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R176990
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Aug 15, 2019 • Final
Commercial building
Remodel
Aug 26, 2014 • Final
Plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Open, Paved
Interior
Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Appliances
Hot Water Description: Gas
Interior Features
Storage: Basement
Basement: Full Basement
Multi Unit Information
# Of Units Total: 3
Unit Information
Unit Type: 1, 2, 3
Unit Type 1 Information
Actual Rent: $1,595
Area: 1,190
Baths Total: 1
Beds Total: 2
Features: Hardwood Floors, Range, Refrigerator
Units Total: 1
Unit Type 2 Information
Actual Rent: $1,000
Area: 448
BathsTotal: 1
Beds Total: 1
Features: Range, Refrigerator, Wood Floors
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,900
Area: 1,594
Baths Total: 1
Beds Total: 4
Features: Range, Refrigerator, Wood Floors
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: R176990
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
Security Features: Entry
View YN: No
Building Information
Year Built: 1904
Building Area Total: 4,524
Financial
Tax Information
Tax Year: 2017
Tax Legal Description: HAWTHORNE PK, BLOCK 292, W 1/2 OF LOT 7&8
Tax Annual Amount: $8,381.91
Rent Information
Rent Includes: Trash Collection
Lease / Rent Information
CAP Rate: 4.8
Gross Rent Multiplier: 14.81
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
School Information
Elementary School: Buckman
Middle Or Junior School: Hosford
High School: Cleveland
Location Information
Directions: SE Hawthorne, N on SE 14th Ave, E (R) on SE Madison. On right. No sign.
Unparsed Address: 1428 SE MADISON ST, Portland, OR 97214
Community Information
Community Features: Laundry
Zoning: R-1
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 3,258
Stories: 2.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1904
Year Renovated: 1904
County: Multnomah County
APN: R176990
Home facts updated by county records on Oct 30, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
K - 12
Preschool & daycare
Buckman Elementary School
Public K-5 • Assigned • 0.5mi
8/10
Hosford Middle School
Public 6-8 • Assigned • 0.8mi
8/10
Cleveland High School
Public 9-12 • Assigned • 1.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 20 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
62
48
53
44
51
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$919,000 – $1.11M
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