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Corbin & Vollstedt Group

contact@cvghome.com +1(541) 650-3556

Listed by Crestview Realty, LLC

$1,099,000

Est. payment - /mo

5,420 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,420 sqft

Price per Sqft $202

Subdivision Sullivans Gulch

MLS Listing ID 557367342

HOA Y/N No

Year Built 1925

Annual Tax Amount $16,757

Tax Year 2025

Lot Size 3,920 Sqft

Property Description

Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan's Gulch and Grant Park, this versatile 5-plex presents an exceptional opportunity for both investors and owner-occupants. Four units are currently rented below market value, offering significant upside potential. Each spacious unit includes large bedrooms, generous living areas, and in-unit washer and dryer. A brand-new roof provides peace of mind and long-term value. The property also includes a detached 3-bay garage, offering potential for development or additional income opportunities. Please do not disturb tenants. All units are occupied. Offers are contingent upon interior inspection.

Location

State OR

County Multnomah

Area _142

Zoning CM2

Rooms

Basement None

Interior

Heating Zoned

Cooling Window Unit

Exterior

Garage Spaces 3.0

Roof Type Flat

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Irvington

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Corbin & Vollstedt Group

+1(541) 650-3556

Owner/Admin | License ID: 200812045

Owner/Admin License ID: 200812045

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2634 NE BROADWAY ST Portland, OR 97232

Corbin & Vollstedt Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2634 NE BROADWAY ST