Portland, 97220
6 Bed
4 Bath
4056 SqFt
15 DOM
Built: 1997
$750,000
$750000
6 Bed
4 Bath
4056 SqFt
15 DOM
Built: 1997
Principal Broker
(503) 893-8874Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you’re an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.
Listing Provided Courtesy of Tony Apa, ELEETE Real Estate
282202472
15 DOM
6
8276.4 SqFt
4
4056
1997
LR7
Multnomah
R319030
Sacramento 6/10
Parkrose
Parkrose
MultiFamily
SECTION 27 1N 2E, TL 3400 0.19 ACRES
Listing Provided Courtesy of Tony Apa, ELEETE Real Estate
Krishna Realty data last checked: Aug 02, 2025 08:26 | Listing last modified Jul 26, 2025 13:23,
Source:
Download our Mobile app
4056
6
4
Composition
2,
Driveway,Garage
3
1997
No
VinylSiding
Finished
Finished
ConcretePerimeter
Gas
ForcedAir
PublicSewer
Gas
Gas
10724.62
0
Electricity,Gas,Heat,Sewer,TrashCollection,Water
Cash,Conventional
07-11-2025
No
No
15
22
Cash,Conventional
$750,000
$750,000
Jul 26, 2025 13:23
Listing courtesy of ELEETE Real Estate.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Krishna Realty data last checked: Aug 02, 2025 08:26 | Listing last modified Jul 26, 2025 13:23.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Principal Broker
(503) 893-8874Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you’re an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.
Download our Mobile app