$1199000
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10 Bed
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12 Bath
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4848 SqFt
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1 DOM
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Built: 2002
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Status: Active
Love this home?
Are you looking to add to your property portfolio, this is it! A truly fabulous fourplex that has been well maintained throughout. It’s located in a quiet neighborhood surrounded by sidewalks and well cared for homes. This property sits on an ideal corner lot. All units are townhome style with an open concept floorplan. They come with full kitchen appliances, washers and dryers. Many updates have already been made throughout and vary per unit. Some highlights include newer appliances, luxury vinyl plank flooring, carpet, interior paint, blinds, baseboards, hardware and plumbing fixtures. Units 1 & 4 are comfortable at approximately 1,100sf with 2 bedrooms and 2.5 baths, while units 2 & 3 are a little more spacious at approximately 1,200sf with 3 bedrooms and 2.5 baths. Location is superb, close to schools, parks and trails. Shopping and dining are less than 1.5 miles away, making it convenient while keeping home life peaceful for tenants. The numbers don’t lie. With a healthy and balanced projected cap rate of 6.18% this property would be a welcomed addition to any portfolio. The HOA has continued to be well managed by the same management company for the past 15 years. What this means for you is consistency and less worry. Units 1-3 are currently leased. Please do not disturb the tenants. Unit 4 can be shown by appointment only. Photos of units 1-3 were taken prior to tenant move in.
Listing Provided Courtesy of Tami Liesy, Keller Williams PDX Central
General Information
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286696634
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1 DOM
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10
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7840.8 SqFt
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12
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4848
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2002
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R4
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Deschutes
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207179
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Hugh Hartman
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Elton Gregory
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Redmond
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MultiFamily
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Fairhaven Vista Phases 1 & 2 Lot 3
Listing Provided Courtesy of Tami Liesy, Keller Williams PDX Central
PDXA1 Realty Group data last checked: Apr 09, 2026 13:43 | Listing last modified Apr 08, 2026 13:11,
Source:
Residence Information
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4848
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10
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-
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12
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Composition
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4,
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Driveway,Garage
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2
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2002
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No
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BoardBattenSiding, CementSiding, LapSiding, Other, ShakeSiding, WoodSiding
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CrawlSpace
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-
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CrawlSpace
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ConcretePerimeter
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Features and Utilities
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Electricity
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WallHeater
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PublicSewer
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Electricity
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Electricity
Financial
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9144.34
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1
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Sewer,TrashCollection,Water
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Cash,Conventional,VALoan
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04-08-2026
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No
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No
Comparable Information
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1
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1
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Cash,Conventional,VALoan
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$1,199,000
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$1,199,000
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Apr 08, 2026 13:11
Schools
Map
Listing courtesy of Keller Williams PDX Central.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Apr 09, 2026 13:43 | Listing last modified Apr 08, 2026 13:11.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
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Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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