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Listed by Realty Marketing / Northwest
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Est. payment /mo
0.66 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Powellhurst-Gilbert
MLS Listing ID 536104952
HOA Y/N No
Year Built 1950
Annual Tax Amount $12,404
Tax Year 2025
Lot Size 0.660 Acres
Property Description
Four duplexes and one single-family home offered together as part of a 13-property, 43-unit portfolio (98% leased), to be sold via Sealed Bid Auction on June 3, 2026. Located on a 28,638± SF lot along SE 101st just south of SE Division with excellent access to I-205, the property includes four well-maintained 1950s duplexes (three 2BD/1BA, one 1BD/1BA) and a 3BD/1BA single-family home. All units are leased with month-to-month tenancy, including several long-term tenants. There is a shared drive access for duplexes; home has street frontage. Projected 2026 gross income is $131,480; taxes are $12,404. Landlord pays water, sewer, trash, and landscaping for duplexes, and trash for the home. Potential assemblage opportunity with nearby property.
Location
State OR
County Multnomah
Community Alllandscaping
Area _143
Zoning CM2
Interior
Heating Forced Air
Exterior
Community Features AllLandscaping
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Clark
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash
Listing Terms Cash
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Corbin & Vollstedt Group
Owner/Admin | License ID: 200812045
Owner/Admin License ID: 200812045