Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$849,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 21 hours ago
See This Home
Save This Home
See This Home
Save This Home
Portland Area Investors!! Are you looking for an investment property with great cash flow that pencils out to an excellent cap rate of 6.49, AND isn't impacted by City of Portland rental laws? This Wood Village triplex is in a great location and has been exceptionally well cared for. The large .25-acre lot is on a quiet cul-de-sac with quick access to I-84, bus lines, public parks, dining, retail and outlet shopping. Recent investment of approximately $25K in improvements. The units have all benefited from interior updates intended to keep maintenance costs low. Each one level unit has a washer/dryer hookup, a fully fenced yard, and a covered patio. Two units have new storage sheds for renters' use. The numerous updates you'll find inside and out include new exterior paint in 2021, vinyl windows, LVP flooring, and even granite countertops & stainless-steel kitchen appliances in one unit. There are also 7 off-street parking spaces. This is a unique opportunity to obtain a high-quality investment property that has been in the same ownership for over 40 years. Please write offer subject to full inspection. Do not walk property or disturb renters.

Full Property Details for 1700 NE 231st Ct

General

  • Price: $849,900
  • Taxes: $5,359 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 211596624
  • Updated: 5/3/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Trash Collection, Water

Parking

  • Total Spaces: 7
  • Parking Features: Assigned, Paved

Location

  • County: Multnomah
  • Driving Directions: I-84 to Wood Village Exit 16, South on NE 238th Drive, Right on Arata Rd, Right on 231st Ct.

School Information

  • Elementary School: Salish Ponds
  • Middle School: Reynolds
  • High School: Reynolds

Community

  • Community Name: 144 - Gresham, Sandy, Troutdale, Corbett

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: None
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 2,716
  • Year Built: 1980
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Cul-de-sac

Financial Considerations

  • Operating Expenses: $14,329
  • Tax Amount: $5,359.7
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: COREANDER, LOT 15
  • Disclosures/Reports: Disclosure
  • Property ID: R140013

Listed by RE/MAX Equity Group (503) 653-0607, Cindy Smith (503) 703-2596

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1700 NE 231st Ct —

  • Cindy Smith

    RE/MAX Equity Group

    503-653-0607

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1700 NE 231st Ct

School District:Reynolds School District 7
NameGradesDistance
Salish Ponds Elementary School
1210 Northeast 201st Avenue, Fairview, OR 97024
K-51.4 mi
Reynolds Middle School
1200 Northeast 201st Avenue, Fairview, OR 97024
6-81.5 mi
Reynolds High School
1698 Southwest Cherry Park Road, Troutdale, OR 97060
9-121.2 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 1700 NE 231st Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/03/2026
Listed
$849,900
733.24%
MLS
12/30/2016
Sold
$102,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1700 NE 231st Ct

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,360
6%
$308,870
3%
2024
$5,057
3%
$299,880
3%
2023
$4,933
5%
$291,150
6%
2021
$4,693
-2%
$274,440
-3%
2022
$4,812
3%
$282,670
6%
2021
$4,693
12%
$266,450
3%
2019
$4,203
1%
$258,690
3%
2018
$4,163
3%
$251,160
3%
2017
$4,028
5%
$243,850
3%
2016
$3,851
3%
$236,750
3%
2015
$3,740
4%
$229,860
3%
2014
$3,613
2%
$223,170
3%
2013
$3,558
—
$216,670
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1700 NE 231st Ct

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Equity Group (503) 653-0607, Cindy Smith (503) 703-2596

Just Listed near 1700 NE 231st Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

21117 NE Osburn Loop, Fairview, OR 97024 - Photo 1 Just Listed
$374,900

21117 NE Osburn Loop  Fairview, OR 97024

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,496
    Sq. Ft.
Listed by John L. Scott Portland Central, Jaime Espenel
20392 Megan Ln, Fairview, OR 97024 - Photo 1 Just Listed
$424,900

20392 Megan Ln  Fairview, OR 97024

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,264
    Sq. Ft.
Listed by Premiere Property Group, LLC, Kathryn DeMent and Premiere Property Group, LLC, Joshua Creekmore
920 SW Cherry Park Rd, Troutdale, OR 97060 - Photo 1 Just Listed
$539,999

920 SW Cherry Park Rd  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,964
    Sq. Ft.
Listed by RE/MAX Advantage Group, Lori Bieber
4240 SE Jennifer Ct, Troutdale, OR 97060 - Photo 1 Just Listed
$585,000

4240 SE Jennifer Ct  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,757
    Sq. Ft.
Listed by eXp Realty, LLC, Andrew Harris

Price Reduced near 1700 NE 231st Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

31815 E Historic Columbia Ri Hwy, Troutdale, OR 97060 - Photo 1 Price Reduced
-$20,099 (-2.01%)
$979,900

31815 E Historic Columbia Ri Hwy  Troutdale, OR 97060

  • Commercial Service
  • Active
  • Updated 5 days ago
Listed by Svaren Realty, Joshua Svaren
21100 NE Sandy Blvd, Fairview, OR 97024 - Photo 1 Price Reduced
-$7,500 (-8.38%)
$82,000

21100 NE Sandy Blvd  #62  Fairview, OR 97024

  • Manufactured Home
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,584
    Sq. Ft.
Listed by MORE Realty, Geri Penner and MORE Realty, Timothy Penner
672 SW Sunset Way, Troutdale, OR 97060 - Photo 1 Price Reduced
-$10,100 (-6.31%)
$149,900

672 SW Sunset Way  Troutdale, OR 97060

  • Manufactured Home
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,848
    Sq. Ft.
Listed by Realty of America, LLC, Leonel Serrano Gaspar
123 SE 34th Cir, Troutdale, OR 97060 - Photo 1 Price Reduced
-$3,000 (-0.7%)
$427,000

123 SE 34th Cir  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,419
    Sq. Ft.
Listed by Premiere Property Group, LLC, Laura Alvarez

Recent Sales near 1700 NE 231st Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2207 SW 6th Ave, Camas, WA 98607 - Photo 1 Sold
$765,000

2207 SW 6th Ave  Camas, WA 98607

  • Single Family
  • Sold
  • Updated 12 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,979
    Sq. Ft.
Listed by Windermere Northwest Living, Kathy Dessimoz
Sold by Real Broker LLC, Alisha Sherman
1407 SE Beech Pl, Gresham, OR 97080 - Photo 1 Sold
$815,000

1407 SE Beech Pl  Gresham, OR 97080

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 3,286
    Sq. Ft.
Listed by Real Broker, Eric Lehouiller
Sold by John L. Scott, Doug Bergmann
1555 SW Miller Ct, Gresham, OR 97080 - Photo 1 Sold
$865,000

1555 SW Miller Ct  Gresham, OR 97080

  • Single Family
  • Sold
  • 5
    Beds
  • 3
    Total Baths
  • 3,398
    Sq. Ft.
Listed by Modern Homes Collective, Marisa Swenson
Sold by Corcoran Prime, Savanna Ray
2573 SE Morlan Way, Gresham, OR 97080 - Photo 1 Sold
$736,000

2573 SE Morlan Way  Gresham, OR 97080

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,327
    Sq. Ft.
Listed by Better Homes & Gardens Realty, Bill Blankenship
Sold by Premiere Property Group, LLC, Brian Whistler

1700 NE 231st Ct, Wood Village, OR 97060 (MLS# 211596624) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1700 NE 231st Ct is currently listed for $849,900 and was received on May 03, 2026. Want to learn more about 1700 NE 231st Ct? Do you have questions about finding other Multi-Family real estate for sale in Lower Village? You can browse all Lower Village real estate or contact a Coldwell Banker agent to request more information.

Tour this property