$1699900
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5 Bed
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6 Bath
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3934 SqFt
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13 DOM
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Built: 2025
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Status: Active
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Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland’s desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma’s Hideaway, Ava Gene’s, and Screen Door; bars and breweries including Kelly’s Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
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428478555
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13 DOM
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5
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4791.6 SqFt
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6
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3934
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2025
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R2.5
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Multnomah
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New Construction
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Grout
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Hosford
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Cleveland
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MultiFamily
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TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
PDXA1 Realty Group data last checked: Nov 10, 2025 03:19 | Listing last modified Nov 05, 2025 16:54,
Source:
Residence Information
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-
-
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3934
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-
-
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5
-
-
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6
-
Composition
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-
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None
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2
-
2025
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No
-
-
CementSiding, LapSiding
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CrawlSpace
-
-
-
CrawlSpace
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ConcretePerimeter
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-
Features and Utilities
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-
-
-
-
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MiniSplit
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Electricity
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MiniSplit
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PublicSewer
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Electricity
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Electricity
Financial
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0
-
-
None
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-
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Cash,Conventional,FHA,VALoan
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10-23-2025
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No
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No
Comparable Information
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13
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18
-
-
Cash,Conventional,FHA,VALoan
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$1,699,900
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$1,699,900
-
-
Nov 05, 2025 16:54
Schools
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
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: Nov 10, 2025 03:19 | Listing last modified Nov 05, 2025 16:54.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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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