$535000
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3 Bed
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3 Bath
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1615 SqFt
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3 DOM
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Built: 1937
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Status: Active
Love this home?
Calling all investors—don’t miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you’re adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
General Information
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487660105
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3 DOM
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3
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3484.8 SqFt
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3
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1615
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1937
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RS
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Marion
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577112
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Hammond
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Parrish
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North Salem
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MultiFamily
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HIGHLAND AVE ADD SALEM FR LOT 7 BLK 10
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
PDXA1 Realty Group data last checked: Jan 17, 2026 20:42 | Listing last modified Jan 15, 2026 11:35,
Source:
Residence Information
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-
-
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1615
-
-
-
-
3
-
-
-
3
-
Composition
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-
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OnStreet
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1
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1937
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No
-
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WoodSiding
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-
-
-
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Slab
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Features and Utilities
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-
-
-
-
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None
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Electricity
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WallFurnace
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PublicSewer
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Electricity
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Electricity
Financial
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4049.94
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0
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MaintenanceGrounds,Sewer,TrashCollection,Water
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-
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Cash,Conventional,FHA
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01-12-2026
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-
No
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No
Comparable Information
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3
-
5
-
-
Cash,Conventional,FHA
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$535,000
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$535,000
-
-
Jan 15, 2026 11:35
Schools
Map
Listing courtesy of Bridgetown Equity Prop LLC.
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: Jan 17, 2026 20:42 | Listing last modified Jan 15, 2026 11:35.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
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.
— Praveen
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.
— Ramren Garajan
Thinking about buying or selling. Let’s Talk.
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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