This seven-unit multifamily property in Portland’s desirable Cully neighborhood offers an exceptional investment opportunity. The property features six spacious two-bedroom, one-bathroom units and one larger three-bedroom, one-bathroom unit with a private garage, making it ideal for a mix of tenants and potential owner-occupancy. Recent upgrades include a new roof installed five years ago and energy-efficient double-pane windows throughout, reducing long-term maintenance and improving tenant appeal. Situated in a highly sought-after area known for its vibrant community feel, the property offers easy access to parks, dining, shopping, and public transit, providing excellent livability for tenants. With strong rental demand, a desirable unit mix, and recent capital improvements, this property presents a rare opportunity for investors seeking steady income potential and long-term appreciation in one of Portland’s fastest-growing neighborhoods.
Listing Provided Courtesy of Henry Liu, Opt
General Information
196836946
24
DOM
5
0.68 acres
2
1700
1975
Multi
Multnomah
R317714
Rigler 2/10
Beaumont
Leodis McDaniel
MultiFamily
SECTION 19 1N 2E, TL 13200 0.68 ACRES
Listing Provided Courtesy of Henry Liu, Opt
Krishna Realty data last checked: Sep 22, 2025 15:40 | Listing last modified Sep 22, 2025 02:21,
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Residence Information
1700
5
2
Composition
Open,Paved
1975
No
WoodSiding
CrawlSpace
CrawlSpace
Features and Utilities
None
Electricity
Other
PublicSewer
Electricity
Electricity
Financial
12671.11
Sewer,TrashCollection,Water
Cash,Conventional,FHA,VALoan
08-29-2025
No
No
Comparable Information
24
24
Cash,Conventional,FHA,VALoan
$1,500,000
$1,500,000
Sep 22, 2025 02:21
Schools
public Elementary : Rigler
2/10Ratings Middle : Beaumont N/ARatings High : Leodis McDanielN/ARatings
This seven-unit multifamily property in Portland’s desirable Cully neighborhood offers an exceptional investment opportunity. The property features six spacious two-bedroom, one-bathroom units and one larger three-bedroom, one-bathroom unit with a private garage, making it ideal for a mix of tenants and potential owner-occupancy. Recent upgrades include a new roof installed five years ago and energy-efficient double-pane windows throughout, reducing long-term maintenance and improving tenant appeal. Situated in a highly sought-after area known for its vibrant community feel, the property offers easy access to parks, dining, shopping, and public transit, providing excellent livability for tenants. With strong rental demand, a desirable unit mix, and recent capital improvements, this property presents a rare opportunity for investors seeking steady income potential and long-term appreciation in one of Portland’s fastest-growing neighborhoods.
