Fantastic investment opportunity in SE Portland! This updated fourplex features three 2BD/1BA units and one spacious 3BD/2BA unit with vaulted ceilings and in-unit laundry—perfect for an owner-occupant or premium rental. One unit is currently vacant, offering immediate upside. Recent capital improvements include new mini-split systems in all units and fresh exterior paint. Shared laundry for the 2BD units, off-street parking, and solid layouts make this a turn-key property. Located in the Lents neighborhood with easy I-205 access and nearby retail, the area is experiencing steady growth and revitalization. Tenants pay electricity; landlord covers water/sewer/trash—RUBS potential for expense recovery. A great opportunity for new or growing investors!
Listing Provided Courtesy of Benjamin Ficker, Keller Williams Sunset Corridor
General Information
390564305
1
DOM
9
5227.2 SqFt
5
2824
1942
R7
Multnomah
R220710
Earl Boyles 4/10
Ron Russell 6/10
David Douglas
MultiFamily
MONTIA, LOT 9
Listing Provided Courtesy of Benjamin Ficker, Keller Williams Sunset Corridor
Krishna Realty data last checked: Jul 10, 2025 11:16 | Listing last modified Jul 09, 2025 15:13,
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Residence Information
2824
9
5
Composition
OffStreet
1
1942
No
WoodSiding
CrawlSpace
CrawlSpace
Features and Utilities
MiniSplit
Electricity
WallHeater
PublicSewer
Electricity
Electricity
Financial
6297.81
0
Sewer,TrashCollection,Water
Cash,Conventional
07-09-2025
No
No
Comparable Information
1
1
Cash,Conventional
$650,000
$650,000
Jul 09, 2025 15:13
Schools
public Elementary : Earl Boyles
4/10Ratingspublic Middle : Ron Russell
6/10Ratings High : David DouglasN/ARatings
Map
Listing courtesy of Keller Williams Sunset Corridor.
Fantastic investment opportunity in SE Portland! This updated fourplex features three 2BD/1BA units and one spacious 3BD/2BA unit with vaulted ceilings and in-unit laundry—perfect for an owner-occupant or premium rental. One unit is currently vacant, offering immediate upside. Recent capital improvements include new mini-split systems in all units and fresh exterior paint. Shared laundry for the 2BD units, off-street parking, and solid layouts make this a turn-key property. Located in the Lents neighborhood with easy I-205 access and nearby retail, the area is experiencing steady growth and revitalization. Tenants pay electricity; landlord covers water/sewer/trash—RUBS potential for expense recovery. A great opportunity for new or growing investors!
