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Property Description

Income Producer! Located within the pulse of Portland's sought-after Broadway/Irvington district, this 3-unit Income property presents an excellent opportunity for current above-market returns with room for future growth. Highlighting the property is a turn-key remodeled commercial space with prime Broadway street frontage. Currently the home of the Paz Hair Lounge, a stable tenant with a mutual lessor-lessee extension exercisable in March, 2025. Beyond the commercial space awaits an income-generating Duplex, where historic charm intertwines seamlessly with contemporary comforts. Classic Arts & Crafts era features of an Old Portland converted home include high ceilings, built-in woodwork, hardwood floors, large windows, and craftsman touches throughout. The exterior was recently painted and includes ample on-site parking for residents. CM2 Commercial zoning offers boundless possibilities for future business or residential unit growth. Tremendous potential for high ROI, with current cap rate at 6.73% and low 11.5 GRM - this income producer if fully occupied & has great potential to grow! Please do not disturb the tenants. Property is not in the Irvington Historic District. A principal of the owner has an inactive Oregon real estate license. Buyer to perform own due diligence and to verify all information to their satisfaction.

Overview

Property Status
Sold
Lot Size
4,356 Sq.Ft.
MLS ID
24072173
Property Type
Multi-Family
Year Built
1908

Features & Amenities

Neighborhood
Portland
View Description
City
Stories
3
Water Source
Public Water
Roof
Composition, Membrane
Lot Features
Level, On Busline
Parking
Assigned, Driveway
Heat Type
Forced Air
Sewer
Public Sewer
Substructure
Concrete Perimeter, Slab
Elementary School
Irvington
Middle School
Harriet Tubman
High School
Grant
Sales Price
$814,000
Real Estate Tax
$5,842/yr
Zoning
CM2

Downloads

2144 NE BROADWAY ST

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Active Listings

  • 1714 NW RIVERSCAPE ST For Sale

    $1,949,500

    1714 NW RIVERSCAPE ST, Portland, OR 97209

    • 3 Beds
    • 4 Baths
    • 3,820 Sq.Ft.
  • 5718 SW 53RD AVE Pending

    $1,475,000

    5718 SW 53RD AVE, Portland, OR 97221

    • 4 Beds
    • 4 Baths
    • 4,069 Sq.Ft.
  • 3725 SE MARTINS ST For Sale

    $1,000,000

    3725 SE MARTINS ST, Portland, OR 97202

    • 4 Beds
    • 4 Baths
    • 3,469 Sq.Ft.
  • 7450 N PORTSMOUTH AVE Pending

    $895,000

    7450 N PORTSMOUTH AVE, Portland, OR 97203

    • 8 Beds
    • 4 Baths
    • 3,120 Sq.Ft.
  • 4926 NE 12th AVE For Sale

    $885,000

    4926 NE 12th AVE, Portland, OR 97211

    • 5 Beds
    • 4 Baths
    • 3,260 Sq.Ft.
  • 3345 NE 126th Ave For Sale

    $785,000

    3345 Northeast 126th Avenue, Portland, OR 97230

    • 5 Beds
    • 3,528 Sq.Ft.
  • 3512 NE GRAND AVE For Sale

    $599,000

    3512 NE GRAND AVE, Portland, OR 97212

    • 4 Beds
    • 2 Baths
    • 1,988 Sq.Ft.
  • 1302 NE LIBERTY ST A Pending

    $585,000

    1302 NE LIBERTY ST A, Portland, OR 97211

    • 3 Beds
    • 2 Baths
    • 1,274 Sq.Ft.
  • 5021 SE KELLY ST For Sale

    $570,000

    5021 SE KELLY ST, Portland, OR 97206

    • 3 Beds
    • 2 Baths
    • 1,420 Sq.Ft.
  • 553 N STAFFORD ST Pending

    $550,000

    553 N STAFFORD ST, Portland, OR 97217

    • 3 Beds
    • 2 Baths
    • 1,882 Sq.Ft.
  • 14124 SE MILL ST For Sale

    $525,000

    14124 SE MILL ST, Portland, OR 97233

    • 3 Beds
    • 2 Baths
    • 2,200 Sq.Ft.
  • 9023 SE ANKENY ST For Sale

    $525,000

    9023 SE ANKENY ST, Portland, OR 97216

    • 4 Beds
    • 2 Baths
  • 3216 NE 110TH PL For Sale

    $500,000

    3216 NE 110TH PL, Portland, OR 97220

    • 3 Beds
    • 2 Baths
    • 1,504 Sq.Ft.
  • 7570 SE DIVISION ST For Sale

    $485,000

    7570 SE DIVISION ST, Portland, OR 97206

    • 3 Beds
    • 4 Baths
    • 1,610 Sq.Ft.
  • 413 NE 130TH PL Pending

    $439,000

    413 NE 130TH PL, Portland, OR 97230

    • 4 Beds
    • 2 Baths
    • 2,160 Sq.Ft.
  • 7644 SE CRYSTAL SPRINGS BLVD For Sale

    $425,000

    7644 SE CRYSTAL SPRINGS BLVD, Portland, OR 97206

    • 2 Beds
    • 2 Baths
  • 7644 SE CRYSTAL SPRINGS BLVD For Sale

    $425,000

    7644 SE CRYSTAL SPRINGS BLVD, Portland, OR 97206

    • 2 Beds
    • 2 Baths
    • 988 Sq.Ft.
  • 725 NW FLANDERS ST 304 For Sale

    $424,000

    725 NW FLANDERS ST 304, Portland, OR 97209

    • 1 Bath
    • 1,104 Sq.Ft.
  • 1314 NW IRVING ST 202 For Sale

    $410,000

    1314 NW IRVING ST 202, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 1,109 Sq.Ft.
  • 5227 SW SHATTUCK RD For Sale

    $410,000

    5227 SW SHATTUCK RD, Portland, OR 97221

    • 3 Beds
    • 3 Baths
    • 1,601 Sq.Ft.
  • 1310 NW NAITO PKWY 105 For Sale

    $409,000

    1310 NW NAITO PKWY 105, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 1,015 Sq.Ft.
  • 5394 SE 136TH AVE For Sale

    $400,000

    5394 SE 136TH AVE, Portland, OR 97236

    • 3 Beds
    • 3 Baths
    • 1,476 Sq.Ft.
  • 4942 SW 1ST AVE For Sale

    $399,900

    4942 SW 1ST AVE, Portland, OR 97239

    • 2 Beds
    • 2 Baths
    • 1,284 Sq.Ft.
  • 8440 SE MILL ST Pending

    $399,000

    8440 SE MILL ST, Portland, OR 97216

    • 3 Beds
    • 1 Bath
    • 864 Sq.Ft.
  • 411 NW FLANDERS ST 805 For Sale

    $365,000

    411 NW FLANDERS ST 805, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 1,067 Sq.Ft.
  • 5037 NE ALBERTA ST For Sale

    $350,000

    5037 NE ALBERTA ST, Portland, OR 97218

    • 4 Beds
    • 2 Baths
    • 1,000 Sq.Ft.
  • 408 SE 143RD AVE Pending

    $315,000

    408 SE 143RD AVE, Portland, OR 97233

    • 3 Beds
    • 3 Baths
    • 1,272 Sq.Ft.
  • 606 NW NAITO PKWY A14 For Sale

    $300,000

    606 NW NAITO PKWY A14, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 691 Sq.Ft.
  • 606 NW NAITO PKWY A11 For Sale

    $280,000

    606 NW NAITO PKWY A11, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 691 Sq.Ft.
  • 3601 S RIVER PKWY For Sale

    $270,000

    3601 S RIVER PKWY 2202, Portland, OR 97239

    • 1 Bath
    • 640 Sq.Ft.
  • 3601 S RIVER PKWY 716 For Sale

    $259,900

    3601 S RIVER PKWY 716, Portland, OR 97239

    • 1 Bed
    • 1 Bath
    • 636 Sq.Ft.
  • 820 NW NAITO PKWY G2 For Sale

    $220,000

    820 NW NAITO PKWY G2, Portland, OR 97209

    • 1 Bed
    • 1 Bath
    • 700 Sq.Ft.
  • 2829 SE BELMONT ST 101 For Sale

    $185,000

    2829 SE BELMONT ST 101, Portland, OR 97214

    • 1 Bath
    • 314 Sq.Ft.
  • 5857 SW GARDEN HOME RD Pending

    $150,000

    5857 SW GARDEN HOME RD, Portland, OR 97219

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