The McKinley Park Apartments built in 1966 is a 7 unit complex with 2Bed/1Bath apartments, all currently rented. Large open kitchen spaces highlight these units and current monthly rents are $8,072. The property is 1 block from a TriMet bus stop and has easy freeway access to Hwy 205. Powell Butte Nature Park is just 5 blocks away for access to Hiking and Biking Trails. New exterior paint 2018, new perimeter fencing and gates 2020-2023, new trash enclosure in 2023 and seal coated-striped parking lot 2023.
Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]
Location Location Location. Don't miss this midcentury modern single level quad plex in a fabulous SE neighborhood. Two 2 bedroom and two 1 bedroom patio units. Set on a 10K sq ft nicely landscaped corner lot with off street parking. Stylish updates include remodeled bathrooms & kitchens, hardwood floors, French doors, dual pane windows. Zonal electric heat. Full size washer&dryer in each unit. Rents listed include additional pet rent and utility fees. Low turn over. These lease quickly. Popular established SE neighborhood yet near the vibrant Clinton St and Division St corridor (coffee, shops, eats). Prefer selling with an adjacent duplex (4123-4125) MLS#23071491. Both buildings function as and are managed as a 6 unit complex. Take advantage of residential financing and acquire both buildings. No showings prior to an accepted offer to purchase. Do not go on the property or disturb the tenants. Agent must accompany. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10224051]
Location Location Location. Don't miss this midcentury modern duplex in a fabulous neighborhood. 2bed/1bth single level patio units. Lovely 6500 sq. ft. landscaped lot. Stylish updates incl remodeled bathrooms & kitchens, hardwood floors, French doors, great room concept, dual pane windows. Zonal electric heat. Full size w&d in each unit. Rents listed incl pet rent & utility charge. Expenses stated do not incl Prop Management Fees. Low turn over. Lease quickly. Popular close-in residential neighborhood yet near the vibrant Clinton & Division corridors (coffee/shops/eats). Opportunity to purchase the adjacent quad plex(4103-4115) ML#23246684. Together these properties have been managed & treated as a 6 unit complex. Take advantage of residential financing to acquire both buildings. Owner occupied mortgage financing just got more attractive. Prefer selling/closing together to same buyer(s) but will consider selling separately. No showings prior to an accepted offer. Do not go on the property or disturb the tenants. Agent must accompany. Prospective buyers to do due diligence for all aspects of the property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10224052]
!This Duplex is perfect for Owner Occupied or Investment! Each unit features 3 large bedrooms and 2 1/2 baths including a primary suite. The perfect opportunity to offset higher mortgage rates with an adjacent rental or perhaps multi-generational living. Check with your lender for options. With great rental history on both units, let this Duplex work for you...all made easy by an on-site property management company available to take care of the landlord type responsibilities. Convenient location for shopping, transportation and Frwy access. HOA dues $245.99/mo for landscaping and on site property mgmt. Tenant mgmt is available at extra cost of 5% of rents collected.Recent upgrades include for Unit 1A refrigerator, range, carpet, new toilet, HVAC. Unit 1B updates includes a new Washer/Dryer and new Range in 2023. Tenant responsible for utilities except garbage,recycling @ $111.10 every two months. Home energy scores available at https://rpt.greenbuildingregistry.com/hes/OR10225892.pdf AND https://rpt.greenbuildingregistry.com/hes/OR10225893.pdf [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225892.pdf]
Great addition to your portfolio. Outstanding North Portland Overlook location just a minute to 1-5. Units appear to be refreshed and maintained please see interior photos. Newly vacant unit for owner occupants. See Instructions.
TURNKEY TRIPLEX PRICED TO SELL @ $679,000!! fully remodeled and renovated from top to bottom with new electrical, plumbing, roof, windows, flooring, appliances and so much more. Great investment opportunity, perfect for residing in one while renting out the others or multigenerational living. Spacious two bedroom upper floor unit with high ceilings, walls of windows and open living space. Two main level one bedroom units front and back with separate fenced yards. Exterior entry basement includes shared laundry area with new coin-op laundry machines and extra storage space/bonus room. All set on large corner lot providing a wonderful neighborhood feel. Close to shopping, restaurants, Pickles baseball, parks and mass transit. 9706 SE Ellis St., 9708 SE Ellis St. & 5604 SE 97th Ave. Projected estimated rents for all 3 units of $4,700/mo. A must see!
Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, fully leased, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 1-year builder warranty with peace of mind + 15-year new construction rent-control exemption!
Rare opportunity to bolster your investment portfolio with a blend of renovated vintage + newer construction plexes with this idyllic Hosford-Abernethy location! Duplex 1, built in 2008, boats a spacious + open floor plan with each side offering 4 bed + 3.1 bath with sf ranging from 2012 - 2013 with separate entrance to the lower! These units showcase covered back decks, garages, laundry rooms + plenty of storage + parking! Tasteful finishes grace each space throughout! Renovated, Duplex 2 boast vintage charm that seamlessly converges with high-end finishes where youll find so much new to love! Each unit features beautiful remodeled touches+ high-end finishes with charm intact! Unit 1 provides 3 beds / 2 full baths + over 1,500 sf with lower level offering a kitchenette, private entrance + separate-living quarters type layout perfect for mutigenerational living, office space, etc! Unit 2 provides an additional 2 bed / 1 bath + just shy of 800sf. Warm tones, designer finishes, extensive tile work + stylish kitchen with gorgeous cabinetry, spa counters + AC finish out the interior. Phenomenal 100 BikeScore / 94 WalkScore puts you in ideal proximity to some of SEs most coveted restaurants, shops, parks + coffee! Walkable to Division St + Ladds Addition! Capture this unique opportunity today in this high demand area!
Step into your new cottage-style abode right beside the acclaimed Gabriel Park. Live in one unit and offset your mortgage with the other or rent both out and generate cash flow. This character-filled 1920s home, zoned RM1, has always been well-maintained and offers stunning West Hills views. Both sides have been remodeled in the past year. 3 beds & 2 full baths on one side, along with new carpeting, a spacious master suite, formal dining, a living room with a wood fireplace, and a modern kitchen. The other side houses a sizable 1-bedroom apartment with its own kitchen, full bath, and living area, boasting new floors, appliances, and more. Additional amenities include a massive deck with a view, a detached garage, and a full basement with storage and laundry. Enjoy proximity to a trifecta of amenities: Gabriel Park, spanning 89+ acres with a brand new playground, nature trails, tennis & basketball courts, skatepark, and much more; unique boutiques and gourmet dining in the charming Multnomah Village; and a variety of locally owned businesses in Hillsdale for everything else you could need, all within walking distance! Please do not disturb occupants.
Fantastic owner occupied/development/ investment/urban farm opportunity on the Williams Corridor. Sale includes two parcels. R308691 (.09 acres) is a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious (over 1000 sq ft). Unit A rents is on a month:month and unit B is on a lease through 9/25. Tenants pay all utilities. Possible 3rd bedroom in unit B, currently used as a large laundry room. Adjacent R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space. Development package and floor plans available. Do not disturb tenants or walk on the property. Showings contingent on accepted offer. Contact agent with questions. Commercial CM2 zoning- cross listed as MLS# 2419822.
Exquisite modern, new construction 16-unit apartment complex from a quality local builder with a mix of studio (6) + 1 bed units (10) including (2) generously sized common rooms with kitchenette, electric fireplace + extensive windows! Each unit is expertly crafted featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors! Sleek custom cabinetry, desirable SS appliances + in-unit W/D + bike room round out a few quality amenities. With remarkable proximity, in the heart of popular Overlook Neighborhood, nearby Interstates hot restaurants, shops, parks + transit! Phenomenal 99BikeScore!
Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!
An exquisite masterpiece of modern luxury living built to cater the evolving needs of the Pacific Northwest with a Shelter Solutions Certified ADU for multi-generational flexibility. Right around the corner from Lewis and Clark College, this thoughtfully designed home boasts bold contemporary architecture with a symphony of textures composed from concrete, metal and wood. Built-in planters with textured concrete form an extraordinary statement piece with metal railings and an 8 foot wood framed glass panel front door. The open concept living space is a showcase of elegance while generous windows drop to the floor immerse you in natural light. An alluring kitchen with waterfall quartz island, sleek streamlined cabinetry and wood accents elevate your cooking or entertaining experience all while designed to the added detail of a pop-up power charger. Retreat to the primary suite sanctuary with a walk in glass shower and walk in closet. An accent wall loft offers customizable options for your lifestyle and could be partitioned into a private den/office suite. With it's own rear glass door entry and covered outdoor space, the ADU allows for an opportunity to seamlessly coexist as part of the home or as a rental for extra income. For short term rental opportunities, ask Listing Agent for more information regarding City of Portland regulations. Hand crafted by Stone Creek Building and Shelter Solutions, these homes are Earth Advantage Certified. NOTE: Interior photography from Model Unit.
An exquisite masterpiece of modern luxury living built to cater the evolving needs of the Pacific Northwest with a Shelter Solutions Certified ADU for multi-generational flexibility. Right around the corner from Lewis and Clark College, this thoughtfully designed home boasts bold contemporary architecture with a symphony of textures composed from concrete, metal and wood. Built-in planters with textured concrete form an extraordinary statement piece with metal railings and an 8 foot wood framed glass panel front door. The open concept living space is a showcase of elegance while generous windows drop to the floor immerse you in natural light. An alluring kitchen with waterfall quartz island, sleek streamlined cabinetry and wood accents elevate your cooking or entertaining experience all while designed to the added detail of a pop-up power charger. Retreat to the primary suite sanctuary with a walk in glass shower and walk in closet. An accent wall loft offers customizable options for your lifestyle and could be partitioned into a private den/office suite. With it's own rear glass door entry and covered outdoor space, the ADU allows for an opportunity to seamlessly coexist as part of the home or as a rental for extra income. For short term rental opportunities, ask Listing Agent for more information regarding City of Portland regulations. Hand crafted by Stone Creek Building and Shelter Solutions, these homes are Earth Advantage Certified.
Rare opportunity to purchase 8 units for your investment portfolio! Modern architecture+elevated designs are showcased in these impeccable open concept 2 bed / 1.1 bath units in the vibrant Mt. Scott-Arleta, with great proximity to trendy restaurants + shops boasting a 99BikeScore! Thoughtfully designed, enjoy high-end features, lofty ceilings + neutral, warm designer tones! Quality can be seen with the custom kitchen boasting gorgeous tile work, slab quartz counters + expansive windows! Upgrades grace each space including hard surface flooring, AC + doors out to private, fenced patio! Enjoy a 1-year builder warranty from local boutique builder!
New gorgeous 4plex! Modern architecture+elevated designs are showcased in these impeccable open concept 2 bed / 1.1 bath units in the vibrant Mt. Scott-Arleta, with great proximity to trendy restaurants + shops boasting a 99BikeScore! Thoughtfully designed, enjoy high-end features, lofty ceilings + neutral, warm designer tones! Quality can be seen with the custom kitchen boasting gorgeous tile work, slab quartz counters + expansive windows! Upgrades grace each space including hard surface flooring, AC + doors out to private, fenced patio! Enjoy a 1-year builder warranty from local boutique builder! Bolster your investment portfolio today with this great opportunity!
Tucked away off SE Holgate Quiet & Hard to find Close in 4 plex w/amenities renters want! Garages, Parking, Fireplaces, In-unit W&D hookups, dishwashers, disposals, sliders w/patios. This plex includes two townhomes w/2 Bed 1&1/2baths each AND two 2-bed/1 bath garden units. The Units are large, updated and well maintained No sign on property and please do not disturb tenants. Great cash flow and always professionally managed.
Updated 4 plex investment property with potential for room to grow. Zoned CM2. More units possible to be built in the backyard area. Also, 40 x 20ft attic space with 12ft high vaulted ceilings all perfect for future growth. Consistently 100% occupied. All units come equipped with a Washer/Dryer, built-in microwave, range and refrigerator, hardwood floors throughout, large windows, updated kitchens and baths, full basement with tons of storage space and a great backyard. Only 1.5 blocks from Lair Hill Park. 85 walk/bike/transit score.
Welcome to this meticulously maintained classic 1967 duplex nestled in the charming Parkrose area. This one-level gem exudes timeless mid-century charm and boasts a perfect blend of classic features and modern conveniences. Each unit is thoughtfully designed, offering two bedrooms and one bath, providing comfortable living spaces that stand the test of time.As you step into these well-preserved units, you'll be greeted by the warmth of a classic fireplace, creating a cozy ambiance that invites relaxation on chilly evenings. The mid-century features, carefully preserved over the years, add character and a touch of nostalgia to the interior.Enjoy the outdoors in style with your own private patio and backyard, offering a serene retreat for outdoor gatherings, morning coffee, or a peaceful evening under the stars. The well-manicured landscaping enhances the curb appeal and adds to the overall inviting atmosphere of the property.For convenience and security, each unit comes equipped with a single-car garage, providing parking or additional storage space. The off-street parking and RV parking options ensure that you and your guests will always have plenty of space.This duplex is not just a home; it's a strategic investment. With great access to transit and freeways, commuting becomes a breeze. Explore the vibrant local community or venture into the city with ease, knowing that you have convenient transportation options at your fingertips.For those with a vision for expansion, the property offers the potential to build more units. However, interested buyers should verify the feasibility of such plans, ensuring that any future development aligns with their goals and meets local regulations.In summary, this classic 1967 duplex in the Parkrose area is a rare find, combining the best of vintage charm with modern functionality. Whether you're looking for a comfortable home with investment potential or a property with expansion possibilities,this property is very versatile.
Price improvement! Opportunity for a lucrative investment property on a RM2 lot with development potential. Please see developers packet attached. Main unit has been well maintained, and features quality finishes: fireplace, jetted tub, W&D within the unit, deck off the sunroom, and a climate controlled 2 car garage. Excellent location close to shops, restaurants, Trader Joes, & bus lines. 2 new roofs in 2022. On-site laundry facilities with washer and dryer. Siding replacement completed. Please do not disturb tenants.
NEW IMPROVED PRICE,READY TO SELL, Well maintained units in off street secluded property with ample parking for everyone. Easy to rent 1 bedroom and 3 bedroom units. Low maintenance investment. Monthly rents are 1604 and 1212! Make all offers subject to interior inspection! THIS IS A GREAT BUY!!
FULLY LEASED! Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, new construction 15-unit apartment complex from a quality local builder. Nestled near NEs hotspots, including the vibrant Hollywood district, charming Laurelhurst + Providence Medical, youll have everything you need at your doorstep with this sweet Rose City Park location! High-end finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones + coveted covered patios / balcony spaces! These 1 bedroom units boast a spacious floor plan with room for a King bed while bathroom features a tub! Custom cabinetry, desirable stainless-steel appliances, stackable W/D + AC finish out the interior! Bike storage with electrical bike hookups + enclosed trash area round out a few other notable items plus 1-year builder warranty with peace of mind + 15-year new construction rent-control exemption!
Calling all entrepreneurs, investors and creative thinkers? this is the spot for you. Zoned CM2 and positioned on a corner lot this three unit rental is ready for your vision. Currently used as a duplex with fully rented salon outbuilding with separate meters. The ground work has been done for more income revenue with a fully permitted space for a food cart, tiny home, or a commercial kitchen if you repurposed the main floor into a cafe or restaurant with more seating available in adjacent level back yard. Full basement is also ready for your finishing touches for even more income revenue. The main level unit has been refreshed with new flooring, light fixtures and plumbing. The salon space was a complete new build in 2020 and has exquisite finishes throughout including a vaulted ceiling, floor to ceiling brick wall with 7 foot wood arched Marvin windows. Complete with a half bath and extra work sink, powered by tankless water heater. Call today for a private tour and to discuss how to make this your creative dream and add to the Dekum Triangle and Woodlawn food scene.
Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!
Portland is located in Oregon. Portland, Oregon has a population of 647,176. Portland is less family-centric than the surrounding county with 31.59% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland is 37.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.