15 NE 127TH AVE, Portland, OR 97230 | MLS #484809831 | Berkshire Hathaway HomeServices Real Estate Professionals
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Listing provided courtesy of Kevin Morris Realty- MLS# 484809831MLS Provider

15 NE 127TH AVEPortland, OR 97230

Multi-Family · 2,496 Sq. ft. | 0.20 Acres
$550,000 Active

15 NE 127TH AVE Overview

Time on Site:
448 days
Visits:
18

Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios'perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity in a prime location! 5.96 RATE CAP! Do NOT Disturb the tenants

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15 NE 127TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,496
  • Price/Sq.ft. $220
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Menlo Park
  • Middle Or Junior School: Floyd Light
  • High School: David Douglas

Income/Expenses

  • Gross Income: 44280.0
  • Net Operating Income: 34856.0
  • Operating Expense: 9424.0

Building Information

  • Year Built: 1982

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 6628.92
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R173254
  • Property Type: Multi Family
  • Zoning: R-1

Interior

Building Interior

  • Building Area Total: 2496.0

General Information

  • Basement: Crawl Space
  • Heating: Baseboard
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

15 NE 127TH AVE Neighborhood

Community

97230 (Portland) Demographics

40
Median Age
2,095
Population Density (per sq. mile)
35%
College Educated
$58,276
Estimated Median Income
9,552
Estimated Total Home Owners
5,774
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15 NE 127TH AVE Monthly Cost

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Greg Bowyer
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15 NE 127TH AVE Market Data

Based on the last 30 days in this zip code

$441,610
Average List Price
$261
Average Price per Square Foot
39
Properties Sold
92
Average Days on Market
171
Properties for Sale
Calculations provided by Reliance Network

15 NE 127TH AVE History

Date Event Value Agent
6/15/2026Source: Regional MLS Price Reduction
$550,000 -1.8%
6/3/2025Source: Regional MLS Price Reduction
$560,000 -2.6%
5/9/2025Source: Regional MLS Price Reduction
$575,000 -1.7%
4/8/2025Source: Regional MLS Added to Database
April 08, 2025