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Listed by Keller Williams Sunset Corridor
$875,000
Est. payment /mo
3,185 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,185 sqft
Price per Sqft $274
Subdivision Portsmouth
MLS Listing ID 176792263
Year Built 1955
Annual Tax Amount $7,512
Tax Year 2025
Lot Size 0.290 Acres
Property Description
PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!
Location
State OR
County Multnomah
Area _141
Zoning R 5
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Rosa Parks
Middle Schools Astor
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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NEARBY SCHOOLS & PROPERTIES
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Corbin & Vollstedt Group
Owner/Admin | License ID: 200812045
Owner/Admin License ID: 200812045