Offer in hand. Unlock the doors to a unique opportunity in the heart of Johns Landing. This 4-plex not only offers a cozy haven for residents, but also opens the door to owner-occupied possibilities or lease the entire building out at a wonderful 8 CAP. Each one-bedroom, one-bath unit provides a comfortable retreat with unique built-in drop down eating nooks, built-ins, updated counters and backsplash in the kitchens, 2 feature new LVP flooring while 2 offer fir flooring. Basement previously had a 5th non conforming unit, but making it a conforming unit would be costly . Also found in the basement is the common laundry facilites that streamline daily chores. 2 storage units exist in the basement for additional income along with 3 garages that can also be rented. There is a shared backyard with garden beds and additional potential for development. NEW electrical panels and meters, a new sewer line, a new garage roof, structural stabilization of the garages and entry stairs, and basement storage build-out have all been completed at this amazing asset. Immerse yourself in the charm of John's Landing with all its amenities and proximity to the river and downtown, where urban living seamlessly blends with tranquility. This isn't just a property, its an invitation to live, invest, and embrace the neighborhood's distinctive character. Imagine calling one of these units home while managing the others. Walk to cafe's, coffee, mass transportation and all the south waterfront has to offer.
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
General Information
473729676
6
DOM
4
5227.2 SqFt
4
2952
1885
RM1
Multnomah
R129305
Capitol Hill
Jackson
Ida B Wells
MultiFamily
CARUTHERS ADD, BLOCK 179, LOT 1
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
Krishna Realty data last checked: Jul 27, 2025 06:24 | Listing last modified Jun 25, 2025 13:01,
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Residence Information
2952
4
4
Composition
3,
Garage,OnStreet
3
1885
No
Asbestos
ExteriorEntry,FullBasement,StorageSpace
ExteriorEntry,FullBa
Features and Utilities
Gas
Baseboard
PublicSewer
Gas
Gas
Financial
6786.31
None
Cash,Conventional
06-16-2025
No
No
Comparable Information
06-22-2025
6
6
Cash,Conventional
$749,900
$749,900
Jun 25, 2025 13:01
Schools
Elementary : Capitol HillN/ARatings Middle : Jackson N/ARatings High : Ida B WellsN/ARatings
Offer in hand. Unlock the doors to a unique opportunity in the heart of Johns Landing. This 4-plex not only offers a cozy haven for residents, but also opens the door to owner-occupied possibilities or lease the entire building out at a wonderful 8 CAP. Each one-bedroom, one-bath unit provides a comfortable retreat with unique built-in drop down eating nooks, built-ins, updated counters and backsplash in the kitchens, 2 feature new LVP flooring while 2 offer fir flooring. Basement previously had a 5th non conforming unit, but making it a conforming unit would be costly . Also found in the basement is the common laundry facilites that streamline daily chores. 2 storage units exist in the basement for additional income along with 3 garages that can also be rented. There is a shared backyard with garden beds and additional potential for development. NEW electrical panels and meters, a new sewer line, a new garage roof, structural stabilization of the garages and entry stairs, and basement storage build-out have all been completed at this amazing asset. Immerse yourself in the charm of John's Landing with all its amenities and proximity to the river and downtown, where urban living seamlessly blends with tranquility. This isn't just a property, its an invitation to live, invest, and embrace the neighborhood's distinctive character. Imagine calling one of these units home while managing the others. Walk to cafe's, coffee, mass transportation and all the south waterfront has to offer.