$849,900
bedrooms
0
bathrooms
0
square feet
3,984
Acreage
0.12
Open Houses
-
year built
1954
Full Baths
0
Half Baths
0
This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland’s thriving rental market!
| Location | |
| Subdivision | MADISON SOUTH |
| County | Multnomah |
| Elementary School | Jason Lee |
| Middle School | Roseway Heights |
| High School | Leodis McDaniel |
Open houses
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Last update: Tuesday, January 14 2025 at 11:52 p.m. EST
Kotohomes National