Tour
$8,301 Closing Credit¹
#638044911, Drew Burchette, Listing Office: Real Broker
$685,000 List price
3414 SE 62nd Ave Portland, OR 97206
$8,134
Closing credit¹
1,960 sqft
0.1 acres
$349 / sqft
House
Property details
About 3414 SE 62nd Ave
Turnkey duplex with bonus studio, fully remodeled and income-ready. This beautifully updated property features a newly constructed studio unit completed in March 2025, effectively functioning as a three-unit investment—ideal for both investors and owner-occupants seeking flexibility and strong cash flow. All units have been thoughtfully upgraded with modern finishes, including stylish LVP flooring, stainless steel appliances, and sleek bathrooms. The property holds a short-term rental permit and is currently operating as a successful short-term rental, offering excellent potential for both short- and long-term income streams. Each unit enjoys its own private fenced patio, complemented by a new front gate and low-maintenance, durable finishes throughout. A wide driveway provides ample off-street parking for added convenience. Live in one unit and rent the other two, or lease all three for projected long-term rental income of $5,300 per month—ask for the proforma. Ideally situated within easy access to public transit, shopping, and the natural beauty of Mt. Tabor Park, this move-in-ready property is a rare opportunity to own a bright, stylish multi-unit in a high-demand area.
Highlights
Home typeOther
HeatingBaseboard, Zoned
StatusActive
CoolingZoned, Other
Size1,960 sqft
Lot size0.11 Acres
Year built1968
ParkingDriveway, Street Parking
MLS #690041674
Summary
- MLS Number: 690041674
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Sundance Realty LLC
- Office Phone: (800) 791-0825
- Listing Agent: Ghazal Ahanchi
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$685,000
3414 SE 62nd Ave
$8,134
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
8
Atkinson Elementary School
Public District KG-5
0.6 mi
•5800 SE Division St
8
Creston Elementary School
Public District EE-5
0.8 mi
•4701 SE Bush St
8
Arleta Elementary School
Public District KG-5
0.8 mi
•5109 SE 66th 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 $51,008. Residents of Portland, OR typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
40%
<35k
40%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
22%
18-34 yrs old
51%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Tennis- Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Jack In The Box
What do the neighbors drive?
BMW
Volvo
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3414 SE 62nd Ave
This home is located at 3414 SE 62nd Ave in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 1,960 square foot home, which was built in 1968, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $685,000.
Portland, OR housing market in March 2025 saw over 260 listings sold above listed price, more than 174 sold at listed price and over 254 sold below. Between February and March 2025, Portland, OR real estate market has seen increase in the number of listings by 11.5%. In March 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $547,107.
From Rocket Homes Real Estate and based on county public records data.