$1095000

Price cut: $105K (04-21-2026)

8 Bed
4 Bath
4324 SqFt
34 DOM
Built: 2014
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property combines strong rental demand with long-term growth potential. All four units are currently occupied, providing immediate cash flow. Each spacious, thoughtfully designed apartment features 2 bedrooms and 1 bathroom, its own private entrance, and abundant natural light. Interiors include laminate hardwood-style flooring, maple cabinetry, stainless steel appliances, in-unit washer and dryer, living room ceiling fan, and efficient PTAC heating and cooling systems. The property also offers practical amenities that enhance tenant satisfaction, including a covered, lockable trash and recycling storage area, a secure private entryway for the two upper-level units, an installed alarm monitoring system and an outdoor bike rack for tenant use. Situated just minutes from Downtown Portland and close to shopping, parks, amenities, and public transportation, this fourplex represents an ideal turnkey investment for both seasoned and first-time multifamily investors. Property is professionally managed by a quality local property management company. One unit can be shown by appointment other units would be shown after an accepted offer.

Listing Provided Courtesy of Jeff Edmondson, 24/7 Properties

General Information

MLS #607818350
Type
Days on Market 34 DOM
Beds8
Lot Size 5227.2 SqFt
Baths4
SqFt4324
Year built2014
ZoningRM2
CountyMultnomah
Tax IDR658489
ElemJames John 2/10
MiddleGeorge 1/10
HighRoosevelt 2/10
PropCategoryMultiFamily
PropType
Neighborhood (Legal)JAMES JOHNS 2ND ADD, BLOCK 23, LOT 7

Listing Provided Courtesy of Jeff Edmondson, 24/7 Properties

Krishna Realty data last checked: Apr 30, 2026 14:11 | Listing last modified Apr 23, 2026 09:24, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt4324
SFSrc
TotUp/Mn
Fireplaces
Bdrms8
Full Bath
Partial Bath
Total Bath4
RoofComposition
Garage
Style
ParkingOnStreet
Levels2
Year Built2014
Green CertNo
Energy Eff
ExteriorCementSiding, LapSiding
Bsmt/FndCrawlSpace
RV
URM
BasementCrawlSpace
FoundationConcretePerimeter
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolWallUnit
WaterElectricity
HeatForcedAir
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr16454.42
HOA
HOA InclElectricity,Heat,MaintenanceGrounds,Sewer,TrashCol
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date03-20-2026
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 34
CDOM 41
Sold Date
TermsCash,Conventional
Original Price$1,200,000
List Price$1,095,000
Sold Price
Last ModifiedApr 23, 2026 09:24

Schools

public Elementary : James John 2/10 Ratings

public Middle : George 1/10 Ratings

public High : Roosevelt 2/10 Ratings

Map

Listing courtesy of 24/7 Properties.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Apr 30, 2026 14:11 | Listing last modified Apr 23, 2026 09:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

8320 N PRINCETON ST