Exceptional investment opportunity just two blocks from OHSU, offering strong and consistent rental demand from medical residents, dental and nursing students, and nearby tech professionals. This well-maintained multi-unit property features extensive updates throughout, including hardwood flooring, quartz countertops, and updated cabinetry in both kitchens and baths. All units are equipped with stainless steel appliances, including dishwashers and modern stainless exhaust hoods, along with high-efficiency washers and dryers for added tenant convenience.The property offers desirable parking with space for two vehicles per unit, a rare feature for the area. Two units feature fireplaces, while the building’s layout provides a quiet and private setting with two units facing north and two units oriented southwest for optimal light and livability. Additional upgrades include newer double-pane windows, a newer hot water heater, and a roof replaced approximately two years ago, helping to minimize future capital expenditures.Cadet electric wall heaters provide efficient heating, and the property’s proximity to OHSU ensures strong occupancy potential with long-term tenants. Located in a highly sought-after area with excellent access to transit, downtown Portland, and major employment centers, this property presents a turnkey, income-producing opportunity with long-term upside.
Listing Provided Courtesy of Mitchell Peterson, Better Homes & Gardens Realty
General Information
433873883
1
DOM
6
5227.2 SqFt
6
4116
1953
CS
Multnomah
R247306
Ainsworth
West Sylvan
Lincoln
MultiFamily
PORTLAND CITY HMSTD, BLOCK 82, LOT 8
Listing Provided Courtesy of Mitchell Peterson, Better Homes & Gardens Realty
Krishna Realty data last checked: Mar 25, 2026 05:40 | Listing last modified Mar 24, 2026 14:10,
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Residence Information
4116
6
6
Membrane
Driveway,OnStreet
3
1953
No
WoodSiding
FullBasement
FullBasement
Slab
Features and Utilities
None
Electricity
Baseboard
PublicSewer
Electricity
Electricity
Financial
16881.45
Sewer,TrashCollection,Water
Cash,Conventional
03-24-2026
No
No
Comparable Information
1
1
Cash,Conventional
$1,200,000
$1,200,000
Mar 24, 2026 14:10
Schools
Elementary : AinsworthN/ARatings Middle : West Sylvan N/ARatings High : LincolnN/ARatings
Map
Listing courtesy of Better Homes & Gardens Realty.
Exceptional investment opportunity just two blocks from OHSU, offering strong and consistent rental demand from medical residents, dental and nursing students, and nearby tech professionals. This well-maintained multi-unit property features extensive updates throughout, including hardwood flooring, quartz countertops, and updated cabinetry in both kitchens and baths. All units are equipped with stainless steel appliances, including dishwashers and modern stainless exhaust hoods, along with high-efficiency washers and dryers for added tenant convenience.The property offers desirable parking with space for two vehicles per unit, a rare feature for the area. Two units feature fireplaces, while the building’s layout provides a quiet and private setting with two units facing north and two units oriented southwest for optimal light and livability. Additional upgrades include newer double-pane windows, a newer hot water heater, and a roof replaced approximately two years ago, helping to minimize future capital expenditures.Cadet electric wall heaters provide efficient heating, and the property’s proximity to OHSU ensures strong occupancy potential with long-term tenants. Located in a highly sought-after area with excellent access to transit, downtown Portland, and major employment centers, this property presents a turnkey, income-producing opportunity with long-term upside.