1542 Se MALDEN St, Portland, OR 97202

$835,000 Asking Price

4 beds
3 baths
2,054  sqft
Built in 1903

Historic triplex in the heart of Sellwood has been lovingly managed and maintained by locals. You won’t find a better spot to live or own investment property. Just a short distance from everything Westmoreland/Sellwood has to offer, from coffee shops, restaurants, a theater, bike shops, vintage stores, gift shops and yoga studios to nearby access to the Willamette River & Oaks Bottom Wildlife Refuge. Just a short hop to OHSU and minutes from downtown Portland, Milwaukie, or Lake Oswego. The main floor 2-bedroom features high ceilings and vintage details with a fantastic floorplan, plus an expansive front porch, quaint back porch off the kitchen for access to the spacious, fenced backyard and a slider off a bedroom to a private deck. Ultra-livable 1-bedroom upstairs units are light and bright, with open kitchens, ample storage and a picturesque, covered balcony for relaxing outdoors. The exterior is well maintained, with cedar wood siding, fresh paint and a newer roof. All units have double-pane vinyl windows, updated plumbing & electrical and washers/dryers. Tall crawlspace for storage or potential development. This beautiful gem draws respectful long-term renters and is perfect to live in while upstairs tenants help supplement the mortgage. Large lot with natural landscaping provides enjoyment for nature lovers and the friendly neighborhood vibe makes this house perfect for an owner-occupied investment or multi-generational living. Main unit is now vacant so you can move right in and upgrade to your liking. Opportunities like this don’t come along every day. Please respect the tenants privacy and do not walk the property or disturb them without an appointment. Thank you.


Features & Amenities

Interior

Basement:
Crawl space
Heating:
Forced air, Wall heater
Fireplace:
Fireplaces: 0

Exterior

General:
Cedar
Style:
Stories 2
Parking:
On street, Parking spaces: 0

Construction

Roofing:
Composition
General:
Concrete perimeter, Other

Location

Road/Access:
Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
R5, MILLERS ADD, BLOCK 10, LOT 18, R219305

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Soldera Properties, Inc, Brenda Gunderson

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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