This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$402,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Exceptional investment opportunity in Portland's Powellhurst-Gilbert neighborhood offering an estimated 6.75% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants - rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don't miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.
Full Property Details
Full Property Details for 3311 3315 SE 127th Pl
General
- Sold For: $402,000
- Taxes: $3,799 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 770612929
- Added to Site: 77 day(s) ago
Rental Information
- Rent Includes: None
Parking
- Total Spaces: 4
- Parking Features: Off Street
Location
- County: Multnomah
- Driving Directions: SE Powell - North on SE 127th Pl
School Information
- Midd School District: Ron Russell
- Elementary School: Mill Park
- Middle School: Ron Russell
- High School: David Douglas
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 1,346
- Year Built: 1950
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level, Public Road
Green Features
- Green Certified: Yes
Financial Considerations
- Operating Expenses: $9,000
- Tax Amount: $3,799.27
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R334308
Listed by Rarebird Real Estate (503) 451-0545, Brian Eustis (503) 490-4001
Sold by Works Real Estate (503) 714-7053, Shayla Hoang
Get Pre-Approved Today
Schools
Schools serving 3311 3315 SE 127th Pl
School District:David Douglas School District 40
| Name | Grades | Distance |
|---|---|---|
Mill Park Elementary School 1900 Southeast 117th Avenue, Portland, OR 97216 | PK-5 | 0.9 mi |
Ron Russell Middle School 3955 Southeast 112th Avenue, Portland, OR 97266 | 6-8 | 0.8 mi |
David Douglas High School 1001 Southeast 135th Avenue, Portland, OR 97233 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3311 3315 SE 127th Pl
Date
Details
Price
Change
Source
5/28/2026
Sold
$402,000
0.5%
MLS
4/21/2026
Price Reduced
$400,000
-5.86%
MLS
3/13/2026
Listed
$424,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3311 3315 SE 127th Pl, Portland, OR 97236 (MLS# 770612929) is a Multi-Family property that was sold at $402,000 on May 28, 2026. Want to learn more about 3311 3315 SE 127th Pl? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

