Fantastic investment opportunity in the sought after Richmond neighborhood of SE Portland. Great upside with cash flow and appreciation with some work. One block to Division street's trendy restaurants, cafe's, and shops. Close to downtown and bus line. Walk score of 93 and bike score of 100!
Marie Hoskins • Berkshire Hathaway HomeServices Real Estate Professionals
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Provided by Redfin
Sale history for 3124 SE Clinton St
Date
Event
Price
RMLS #17426744
Mar 3, 2017
Sold
$406,000
$303/sq ft
Feb 13, 2017
Pending
—
Jan 28, 2017
Listed
$379,900
$284/sq ft
RMLS #13356264
Dec 26, 2013
Sold
$188,000
$140/sq ft
Oct 26, 2013
Pending
—
Oct 11, 2013
Price Changed
$299,900
$224/sq ft
Sep 16, 2013
Listed
$325,000
$243/sq ft
Great opportunity for owner-occ or investor in much coveted area of southeast. Needs considerable work. Continuously rented for 10 years! One block from Division, shops, restaurants, entertainment. Bike friendly, walkable, minutes from downtown. Fabulous location.Please do not disturb tenants.
Public Records
Jun 23, 1997
Sold
$100,000
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,875 (+3.7%)
2024
$5,664 (+4.0%)
2023
$5,446 (+2.2%)
2022
$5,328 (+1.7%)
2021
$5,238 (+9.0%)
2020
$4,805 (+3.8%)
2019
$4,629 (+3.0%)
2018
$4,493 (+4.3%)
2017
$4,306 (+9.3%)
2016
$3,940 (+2.7%)
2015
$3,837 (+1.5%)
2014
$3,779 (+2.4%)
2013
$3,692 (+17.5%)
2012
$3,142 (+3.5%)
2011
$3,038 (−0.4%)
2010
$3,050 (+2.7%)
2009
$2,970
Tax history for 3124 SE Clinton St
Year
Property tax
Land + Additions
Assessment*
2025
$5,875 (+3.7%)
2024
$5,664 (+4.0%)
2023
$5,446 (+2.2%)
2022
$5,328 (+1.7%)
2021
$5,238 (+9.0%)
2020
$4,805 (+3.8%)
2019
$4,629 (+3.0%)
2018
$4,493 (+4.3%)
2017
$4,306 (+9.3%)
2016
$3,940 (+2.7%)
2015
$3,837 (+1.5%)
2014
$3,779 (+2.4%)
2013
$3,692 (+17.5%)
2012
$3,142 (+3.5%)
2011
$3,038 (−0.4%)
2010
$3,050 (+2.7%)
2009
$2,970
*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
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,000 Sq. Ft.
Year renovated
1904
Sq. Ft.
1,332
Year built
1904
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R150883
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R2.5
Residential 2,500 zone
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
Property details
Parking
Parking Information
Parking Features: None
Interior
Appliances
Hot Water Description: Gas
Interior Features
Storage: Basement
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 2
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Actual Rent: $1,125
Area: 740
Baths Total: 1
Beds Total: 1
Features: Deck, Hardwood Floors, Range
Units Total: 1
Unit Type 2 Information
Actual Rent: $795
Area: 600
BathsTotal: 1
Beds Total: 1
Features: Deck, Range
Units Total: 2
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Lot Information
Lot Features: Private, Sloped, Trees
Parcel Number: R150883
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Fixer
View YN: Yes
View Description: Territorial
Building Information
Year Built: 1904
Building Area Total: 1,340
Financial
Tax Information
Tax Legal Description: EAST PORTLAND HTS, BLOCK 14, W 40' OF LOT 1&2
Tax Annual Amount: $3,940.74
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 5.65
Gross Rent Multiplier: 17.69
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: No
Location
School Information
Elementary School: Abernethy
Middle Or Junior School: Hosford
High School: Cleveland
Location Information
Directions: 31st & SE Clinton
Unparsed Address: 3124 SE CLINTON ST, Portland, OR 97202
Community Information
Zoning: R2.5
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,332
Stories: 1.0
Lot Size: 4,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1904
Year Renovated: 1904
County: Multnomah County
APN: R150883
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Abernethy Elementary School
Public K-5 • Assigned • 0.9mi
10/10
Hosford Middle School
Public 6-8 • Assigned • 0.3mi
8/10
Cleveland High School
Public 9-12 • Assigned • 0.4mi
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, 13 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 • 97202
Average low and high temperatures (°F)
48
37
50
39
58
44
66
45
72
50
78
55
84
59
85
62
77
57
64
48
53
44
51
42
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
$493,000 – $596,000
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