Looking for an investment property that starts paying off from day one? Here it is. With two units generating $2,400/month for the upper unit and $1,900/month for the lower unit, this home has a proven track record of solid cash flow. Located just minutes from downtown Kenton, this property checks all the boxes: convenience, functionality, and charm. The lower unit, remodeled in 2019, is a spacious layout of 1,156 sqft that includes a modern kitchen with soft-close cabinets, 1-bedroom + office, high ceilings and updated finishes. The upper unit features a refreshed kitchen, updated bathroom, 2 bedrooms + loft, hardwood floors, and original 1920s built-ins that add unique character.The exterior has been upgraded with new fiber cement siding and fresh paint, so you can skip the costly maintenance and focus on maximizing your returns. The property also includes a spacious backyard and plenty of parking, with both driveway and street options.Whether you choose to live in one unit and rent the other or lease out both, this property offers flexibility and growth potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201582]
Listing Provided Courtesy of Jordyn Jones, Cascade Hasson Sotheby's International Realty
General Information
435528872
38
DOM
4
2
2612
1926
CM2
Multnomah
R172653
Peninsula 4/10
Ockley Green 1/10
Jefferson 4/10
MultiFamily
GRAYBROOK, BLOCK 2, LOT 3&4
Listing Provided Courtesy of Jordyn Jones, Cascade Hasson Sotheby's International Realty
Krishna Realty data last checked: Jun 09, 2025 05:01 | Listing last modified Jun 05, 2025 11:47,
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Residence Information
2612
4
2
Composition
Driveway,OnStreet
3
1926
Yes
CementSiding
FullBasement
FullBasement
ConcretePerimeter
Features and Utilities
Electricity
ForcedAir
PublicSewer
Electricity
Electricity
Financial
5052.74
0
Electricity,Sewer,Water
Cash,Conventional,FHA,VALoan
04-28-2025
No
No
Comparable Information
38
42
Cash,Conventional,FHA,VALoan
$620,000
$620,000
Jun 05, 2025 11:47
Schools
public Elementary : Peninsula
4/10Ratingspublic Middle : Ockley Green
1/10Ratingspublic High : Jefferson
4/10Ratings
Map
Listing courtesy of Cascade Hasson Sotheby's International Realty.
Looking for an investment property that starts paying off from day one? Here it is. With two units generating $2,400/month for the upper unit and $1,900/month for the lower unit, this home has a proven track record of solid cash flow. Located just minutes from downtown Kenton, this property checks all the boxes: convenience, functionality, and charm. The lower unit, remodeled in 2019, is a spacious layout of 1,156 sqft that includes a modern kitchen with soft-close cabinets, 1-bedroom + office, high ceilings and updated finishes. The upper unit features a refreshed kitchen, updated bathroom, 2 bedrooms + loft, hardwood floors, and original 1920s built-ins that add unique character.The exterior has been upgraded with new fiber cement siding and fresh paint, so you can skip the costly maintenance and focus on maximizing your returns. The property also includes a spacious backyard and plenty of parking, with both driveway and street options.Whether you choose to live in one unit and rent the other or lease out both, this property offers flexibility and growth potential. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201582]
