#676891969, Christopher Kelly, Jamey Nedelisky, Listing office: Berkshire Hathaway HomeServices NW Real Estate
1700 NE 231st Ct Wood Village, OR 97060
Property details
About 1700 NE 231st Ct
Portland Area Investors!! This property has great cash flow, pencils out to a 6.12% cap rate, and isn't impacted by City of Portland rental laws! Current monthly rents total $5524 and all three units are fully rented. This Wood Village triplex is in an excellent 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 inspection, and do not walk property or disturb renters.
Highlights
Summary
- Attached Garage: No
- Parking: Assigned, Paved
- Heating: Forced Air
- Cooling: None
- List Price: $898,000
- Price/SqFt: $330
- Lot: Cul-de-sac
- Directions: I-84 to Wood Village Exit 16, South on NE 238th Drive, Right on Arata Rd, Right on 231st Ct.
- Year Built: 1980
- Stories: 1
- Living Area: 2,716 SqFt
- Lot Size: 0.25 Acres
- MLS Number: 169064549
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RE/MAX Equity Group
- Office Phone: (503) 653-0607
- Listing Agent: Cindy Smith
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Last updated on: 6/8/2025, 5:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$898,000
1700 NE 231st Ct
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Price information
Property sales
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Tax history
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Nearby schools
2
Fairview Elementary School
Public District PK-5
0.6 mi
•225 Main St
4
Woodland Elementary School
Public District KG-5
0.9 mi
•21607 NE Glisan St
2
Salish Ponds Elementary School
Public District KG-5
1.4 mi
•1210 NE 201st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,946. The majority of Wood Village, OR residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1700 NE 231st Ct
The listing price of 1700 NE 231st Ct property is $898,000.
The property 1700 NE 231st Ct is a house located in Wood Village, Oregon, 97060.
Active Listing: 1700 NE 231st Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1700 NE 231st Ct are: Fairview Elementary School (GreatSchools Rating 2/10), Woodland Elementary School (GreatSchools Rating 4/10), Salish Ponds Elementary School (GreatSchools Rating 2/10), Multnomah Learning Academy (GreatSchools Rating 4/10), Clear Creek Middle School (GreatSchools Rating 3/10), Walt Morey Middle School (GreatSchools Rating 4/10), Reynolds High School (GreatSchools Rating 3/10), Reynolds Learning Academy (GreatSchools Rating 1/10), Gresham High School (GreatSchools Rating 3/10).
The property at 1700 NE 231st Ct has 0 bathroom.
The property 1700 NE 231st Ct is 2,716 SqFt (source: MLS/tax record).
The year of construction for 1700 NE 231st Ct is 1980.
This home is located at 1700 NE 231st Ct in Wood Village, OR and zip code 97060 in the Coreander neighborhood. This 2,716 square foot home, which was built in 1980, sits on a 0.25 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 20, 2025 and is currently priced at $898,000.