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1700 NE 231st Ct, 
Woodvillage, OR 97060

$859,900


Bed


Bath


2,716

Sq Ft


Multi-Family

Active

Listed by

Cindy Smith

RE/MAX Equity Group

503-653-0607

Last updated:

November 5, 2025, 03:33 PM

MLS#

169064549

Source:

PORTLAND

About This Home

1700 NE 231st Ct

Portland Area Investors!! Are you looking for an investment property with great cash flow that pencils out to an excellent cap rate, 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.

Home Facts

Multi-Family

Built in 1980

Price Summary

859,900

$316 per Sq. Ft.

MLS #:

169064549

Last Updated:

November 5, 2025, 03:33 PM

Added:

6 month(s) ago


Rooms & Interior

Interior

Living Area:

2,716 Sq. Ft.


Structure

Structure

Building Area:

2,716 Sq. Ft.

Year Built:

1980


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$859,900

Price per Sq. Ft:

$316 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: November 5, 2025

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.