Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
General Information
174428626
3
DOM
8
10018.8 SqFt
5
3288
1971
R5
Multnomah
R177593
Buckman
Hosford
Cleveland
MultiFamily
HAWTHORNES 1ST ADD, BLOCK 10, LOT 9
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
Krishna Realty data last checked: Apr 18, 2026 02:54 | Listing last modified Apr 15, 2026 15:50,
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Residence Information
3288
8
5
Composition
2,
Carport,Garage
1
1971
No
WoodSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
MiniSplit
Electricity
MiniSplit
PublicSewer
Electricity
Electricity
Financial
6756.45
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
04-15-2026
No
No
Comparable Information
3
3
Cash,Conventional
$1,100,000
$1,100,000
Apr 15, 2026 15:50
Schools
Elementary : BuckmanN/ARatings Middle : Hosford N/ARatings High : ClevelandN/ARatings
Map
Listing courtesy of Township Properties Real Estate LLC.
Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.
