Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.
Listing Provided Courtesy of Kate Kennedy, Windermere Realty Trust
General Information
620761114
16
DOM
6
1306.8 SqFt
8
3636
2019
R1AH
Multnomah
R688383
Vernon 6/10
Vernon 6/10
Leodis McDaniel
MultiFamily
PARTITION PLAT 2018-7, LOT 2
Listing Provided Courtesy of Kate Kennedy, Windermere Realty Trust
Krishna Realty data last checked: Jun 20, 2025 09:28 | Listing last modified May 24, 2025 15:25,
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Residence Information
3636
6
8
None
3
2019
No
T111Siding
ConcretePerimeter
Features and Utilities
MiniSplit
Gas
MiniSplit
PublicSewer
Gas
Electricity
Financial
8859.25
0
Sewer,TrashCollection,Water
Cash,Conventional
05-08-2025
No
No
Comparable Information
16
43
Cash,Conventional
$1,450,000
$1,450,000
May 24, 2025 15:25
Schools
public Elementary : Vernon
6/10Ratingspublic Middle : Vernon
6/10Ratings High : Leodis McDanielN/ARatings
Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.
