Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland’s desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma’s Hideaway, Ava Gene’s, and Screen Door; bars and breweries including Kelly’s Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
428478555
13
DOM
5
4791.6 SqFt
6
3934
2025
R2.5
Multnomah
New Construction
Grout 3/10
Hosford
Cleveland 5/10
MultiFamily
TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
Krishna Realty data last checked: Nov 19, 2025 12:01 | Listing last modified Nov 05, 2025 16:54,
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Residence Information
3934
5
6
Composition
None
2
2025
No
CementSiding, LapSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
MiniSplit
Electricity
MiniSplit
PublicSewer
Electricity
Electricity
Financial
0
None
Cash,Conventional,FHA,VALoan
10-23-2025
No
No
Comparable Information
13
27
Cash,Conventional,FHA,VALoan
$1,699,900
$1,699,900
Nov 05, 2025 16:54
Schools
public Elementary : Grout
3/10Ratings Middle : Hosford N/ARatingspublic High : Cleveland
5/10Ratings
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland’s desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma’s Hideaway, Ava Gene’s, and Screen Door; bars and breweries including Kelly’s Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.