Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
General Information
212865825
2
DOM
10
8712 SqFt
10
5225
1975
CM3
Multnomah
R159034
Marysville
Kellogg
Franklin
MultiFamily
EVELYN, BLOCK 2, LOT 6&7
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
Krishna Realty data last checked: Feb 22, 2026 00:51 | Listing last modified Feb 13, 2026 15:18,
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Residence Information
5225
10
10
Composition
Assigned,OffStreet
2
1975
No
Brick, CementSiding, LapSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
WallUnit
Electricity
Baseboard
PublicSewer
Electricity
Electricity
Financial
8716.7
MaintenanceGrounds,TrashCollection
Cash,Conventional
02-12-2026
No
No
Comparable Information
2
10
Cash,Conventional
$1,250,000
$1,250,000
Feb 13, 2026 15:18
Schools
Elementary : MarysvilleN/ARatings Middle : Kellogg N/ARatings High : FranklinN/ARatings
Map
Listing courtesy of John L. Scott Portland Central.
Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
