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Heidi Torkko

heidi@heiditorkko.com +1(503) 351-9716

Listed by Keller Williams Sunset Corridor

$ 875,000

Est. payment | -/mo

3,185 SqFt

Save

$ 875,000

Est. payment | -/mo

Save

3,185 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,185 sqft

Price per Sqft $274

Subdivision Portsmouth

MLS Listing ID 176792263

Year Built 1955

Annual Tax Amount $7,512

Tax Year 2025

Lot Size 0.290 Acres

Property Description

PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

Location

State OR

County Multnomah

Area _141

Zoning R 5

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Roof Type Composition

Garage No

Building

Lot Description Public Road

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Rosa Parks

Middle Schools Astor

High Schools Roosevelt

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-9716

heidi@heiditorkko.com

2175 NW Raleigh St, # 110, Portland OR 97210, Portland, Oregon, 97210, USA

8309 8315 N DWIGHT AVE Portland, OR 97203