Prime Nob Hill four-plex located just steps from the shops, restaurants, and amenities of the NW 23rd District, one of Portland’s most desirable and walkable neighborhoods.The property features four residential units plus additional income from a basement office space. Current rents are below market, offering potential upside for future income growth.Situated in Portland’s prestigious Nob Hill neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to dining, retail, parks, and transit.This is a rare opportunity to acquire a well-located four-unit multifamily property in one of Portland’s most stable and sought-after rental markets.All photos were taken when the property was previously operated as a short-term rental and may differ slightly from its current condition. One unit is still being used as a short-term rental.
Listing Provided Courtesy of Vladimir Zaharchook, MORE Realty
General Information
138105922
4
DOM
4
2613.6 SqFt
4
3012
1898
RH
Multnomah
R216410
Chapman 5/10
West Sylvan
Lincoln
MultiFamily
MEADS ADD, BLOCK 6, LOT 11 EXC N 48'
Listing Provided Courtesy of Vladimir Zaharchook, MORE Realty
Krishna Realty data last checked: Mar 14, 2026 19:14 | Listing last modified Mar 14, 2026 00:21,
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Residence Information
3012
4
4
Composition
OnStreet
2
1898
No
MiniSplit,PartialCeilingInsulation
Stucco
FullBasement
FullBasement
ConcretePerimeter
Features and Utilities
MiniSplit
Gas
MiniSplit
PublicSewer
Gas
Electricity
Financial
11723.63
0
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
03-10-2026
No
No
Comparable Information
4
4
Cash,Conventional
$1,399,500
$1,399,500
Mar 14, 2026 00:21
Schools
public Elementary : Chapman
5/10Ratings Middle : West Sylvan N/ARatings High : LincolnN/ARatings
Prime Nob Hill four-plex located just steps from the shops, restaurants, and amenities of the NW 23rd District, one of Portland’s most desirable and walkable neighborhoods.The property features four residential units plus additional income from a basement office space. Current rents are below market, offering potential upside for future income growth.Situated in Portland’s prestigious Nob Hill neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to dining, retail, parks, and transit.This is a rare opportunity to acquire a well-located four-unit multifamily property in one of Portland’s most stable and sought-after rental markets.All photos were taken when the property was previously operated as a short-term rental and may differ slightly from its current condition. One unit is still being used as a short-term rental.
