Stabilized Sellwood 6-plex at $150,000/unit with 100% occupancy, professional management, newer plumbing, shared laundry, storage, and a highly walkable location near SE 13th, West Moreland, transit, parks, and Springwater Corridor. Current cap rate: 5.7%. Market-rent upside: $1,467/month. Current NOI: $51,324. Pro forma NOI: $68,600. Ideal for investors seeking a low-vacancy close-in Portland asset with long-term rental demand.
Listing Provided Courtesy of Steve Roesch, NextHome Realty Connection
General Information
289486381
76
DOM
8
5227.2 SqFt
6
4348
1907
R5
Multnomah
R219342
Llewellyn 5/10
Sellwood 8/10
Cleveland 5/10
MultiFamily
MILLERS ADD, BLOCK 12, LOT 18
Listing Provided Courtesy of Steve Roesch, NextHome Realty Connection
Krishna Realty data last checked: Apr 30, 2026 18:50 | Listing last modified Apr 30, 2026 08:49,
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Residence Information
4348
8
6
Composition
OffSite,Open
3
1907
No
MetalSiding
FullBasement,StorageSpace
FullBasement,Storage
ConcretePerimeter,Sl
Features and Utilities
Electricity
WallFurnace
PublicSewer
Electricity
Electricity
Financial
8633.16
Sewer,TrashCollection,Water
Cash,Conventional
02-13-2026
No
No
Comparable Information
76
76
Cash,Conventional
$900,000
$900,000
Apr 30, 2026 08:49
Schools
public Elementary : Llewellyn
5/10Ratingspublic Middle : Sellwood
8/10Ratingspublic High : Cleveland
5/10Ratings
Stabilized Sellwood 6-plex at $150,000/unit with 100% occupancy, professional management, newer plumbing, shared laundry, storage, and a highly walkable location near SE 13th, West Moreland, transit, parks, and Springwater Corridor. Current cap rate: 5.7%. Market-rent upside: $1,467/month. Current NOI: $51,324. Pro forma NOI: $68,600. Ideal for investors seeking a low-vacancy close-in Portland asset with long-term rental demand.
