Duplex and house. See related listing #742021713. Great opportunity for owner occupied investment. Unique property includes a modern 2020 duplex (1,128 & 1,210 sq ft) and a charming 1912 single-family home (900 sq ft). Ideal for owner-occupants looking to offset their mortgage with rental income while growing equity. The duplex, constructed by contractor-owner, is thoughtfully set back from the street, providing privacy and a residential feel. Each unit offers light-filled living spaces, LVP flooring, stylish half-baths, and open kitchens with stainless appliances. Sliding glass doors from the dining areas lead to private, enclosed patios—ideal for entertaining or relaxing. Upstairs are two bedrooms, a full bath with shower, and laundry. The 1912 home has been well-maintained, featuring two bedrooms, one bath, hardwood floors, a dining room, galley kitchen with new sink and countertops, newer appliances, and a spacious laundry room with second entry. Updates on the house include a 2019 roof and 2015 furnace. Tenants enjoy off-street, assigned parking. See attached information for owner-occupied financing and more details on the units. This exceptional, well-maintained property offers a perfect blend of immediate cash flow and future growth potential. City of Portland approved building plans for a total of seven units, giving buyers the opportunity to expand and increase value. (See attached plans. Buyer to perform their own due diligence.) Located in a prime area with easy access to I-205, public transportation, schools, shopping, and parks. Please do not disturb tenants or enter the property without agent. No sign on property. Offers subject to interior inspection. CAP rate of 5.80.
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
General Information
644905672
SingleFamilyResidence
71
DOM
6
8276.4 SqFt
4
3238
2020
R2.5
Multnomah
R125343
Lent 2/10
Kellogg
Franklin
Residential
SingleFamilyResidence
CADWELLS ADD, BLOCK 1, LOT 1&2 TL 600
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
Krishna Realty data last checked: Jun 20, 2025 22:10 | Listing last modified Jun 19, 2025 05:57,
Source:
Duplex and house. See related listing #742021713. Great opportunity for owner occupied investment. Unique property includes a modern 2020 duplex (1,128 & 1,210 sq ft) and a charming 1912 single-family home (900 sq ft). Ideal for owner-occupants looking to offset their mortgage with rental income while growing equity. The duplex, constructed by contractor-owner, is thoughtfully set back from the street, providing privacy and a residential feel. Each unit offers light-filled living spaces, LVP flooring, stylish half-baths, and open kitchens with stainless appliances. Sliding glass doors from the dining areas lead to private, enclosed patios—ideal for entertaining or relaxing. Upstairs are two bedrooms, a full bath with shower, and laundry. The 1912 home has been well-maintained, featuring two bedrooms, one bath, hardwood floors, a dining room, galley kitchen with new sink and countertops, newer appliances, and a spacious laundry room with second entry. Updates on the house include a 2019 roof and 2015 furnace. Tenants enjoy off-street, assigned parking. See attached information for owner-occupied financing and more details on the units. This exceptional, well-maintained property offers a perfect blend of immediate cash flow and future growth potential. City of Portland approved building plans for a total of seven units, giving buyers the opportunity to expand and increase value. (See attached plans. Buyer to perform their own due diligence.) Located in a prime area with easy access to I-205, public transportation, schools, shopping, and parks. Please do not disturb tenants or enter the property without agent. No sign on property. Offers subject to interior inspection. CAP rate of 5.80.