$1439900
5 Bed
5 Bath
4092 SqFt
2 DOM
Built: 1928
Open House
Principal Broker
(503) 893-8874Investor opportunity in NE Portland featuring three thoughtfully designed residential units on one site, offering a strong blend of stabilized income and long-term upside. The property includes one remodeled home plus two attached, newly built residences, creating a diversified unit mix that appeals to a wide tenant base. The primary residence is a 1928 Tudor-style home that has been extensively updated throughout, offering approximately 1,528 square feet with three bedrooms and three full bathrooms, along with a full unfinished basement of approximately 964 square feet providing excellent storage or future utility potential. Updated systems, modern finishes, and a usable yard space enhance tenant appeal and durability for long-term ownership. Complementing the original home are two newly constructed residences, each offering approximately 800 square feet across two levels with two bedrooms and one and one-half bathrooms. These units feature efficient layouts, high ceilings, private outdoor spaces, and mini-split systems for energy-efficient heating and cooling. New construction systems help reduce near-term maintenance costs and support consistent rental performance. All three units benefit from dedicated trash and recycling areas and functional outdoor spaces, contributing to ease of management. The property is well positioned near neighborhood amenities, parks, dining, and transit options, supporting strong rental demand in this established NE Portland location. Units may be conveyed together under single ownership, offering flexibility for investors seeking a small-scale portfolio, house-hack scenario, or long-term hold. Buyer to verify rent projections, development history, and future use options. A rare opportunity to acquire a turn-key, three-unit residential asset combining historic character, new construction efficiency, and durable income potential.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
760473543
2 DOM
5
4791.6 SqFt
5
4092
1928
R5
Multnomah
Not Found
Sabin
Harriet Tubman
Jefferson
MultiFamily
TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
Krishna Realty data last checked: Jan 08, 2026 14:49 | Listing last modified Jan 07, 2026 12:09,
Source:
Sat, Jan 10th, 1PM to 3PM
Download our Mobile app
Download our Mobile app