$1100000
Price cut: $50K (07-31-2025)
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6 Bed
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4 Bath
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3240 SqFt
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166 DOM
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Built: 1965
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Status: Active
Love this home?
Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 7.44 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.
Listing Provided Courtesy of Teri Toombs, Wood Land Realty
General Information
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493082979
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166 DOM
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6
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5227.2 SqFt
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4
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3240
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1965
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R2.5
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Multnomah
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R214625
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Sunnyside Env
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Sunnyside Env
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Franklin
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MultiFamily
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MAYOR GATES ADD, BLOCK 5, LOT 12
Listing Provided Courtesy of Teri Toombs, Wood Land Realty
PDXA1 Realty Group data last checked: Sep 22, 2025 00:54 | Listing last modified Aug 27, 2025 15:18,
Source:
Residence Information
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3240
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-
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6
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-
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4
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Composition
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-
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OnStreet
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2
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1965
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No
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T111Siding
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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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-
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None
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Electricity
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Baseboard, WallHeater
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PublicSewer
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Electricity
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Electricity
Financial
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10810.27
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0
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MaintenanceGrounds,Sewer,TrashCollection,Water
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Conventional
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03-14-2025
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No
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No
Comparable Information
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166
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192
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Conventional
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$1,250,000
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$1,100,000
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Aug 27, 2025 15:18
Schools
Map
Listing courtesy of Wood Land Realty.
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: Sep 22, 2025 00:54 | Listing last modified Aug 27, 2025 15:18.
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 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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