Bought with MORE Realty
$817,000
$825,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
3,576 SqFt
SOLD DATE : 09/09/2026
Key Details
Sold Price $817,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $228
Subdivision St Johns
MLS Listing ID 185951818
Sold Date 09/09/26
HOA Y/N No
Year Built 1970
Annual Tax Amount $10,132
Tax Year 2025
Lot Size 6,969 Sqft
Property Description
Incredible investment opportunity to own this updated North Portland four-plex near University of Portland. Conventional financing as owner-occupied available. Each unit has two bedrooms and one bathroom over roughly 800-900 square feet. Three of the units are already rented at a combined $4,545 monthly. The vacant and fully remodeled fourth unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,480 ($77,760 annually) . This is a lovely spot to call home with sunrooms for top floor tenants and sunny patios on the lower level. All residents enjoy shared garden space, laundry, and plenty of tenant parking. Delightful Portsmouth location near parks, New Seasons, Fred Meyer, and a vibrant mix of coffee shops, restaurants, and bars!
Location
State OR
County Multnomah
Community Laundry
Area _141
Zoning R-1
Rooms
Basement Crawl Space
Interior
Heating Zoned
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Astor
Middle Schools Astor
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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