$1235000
Price cut: $64K (06-12-2025)
7 Bed
5 Bath
3998 SqFt
182 DOM
Built: 1908
Live in One, Rent the Others – Modern Tri-Plex in the Heart of Kerns!Rare opportunity to own a stylishly updated tri-plex in Portland’s vibrant Kerns neighborhood—ranked the #5 Coolest Neighborhood in the World by Time Out and A+ by Niche. This is the ideal setup for an owner-occupant looking to offset housing costs, multi-generational living, or even a group purchase where each buyer occupies a unit.Live in one of the spacious units and collect over $4,645/month in rent from the other two. Each unit features quartz countertops, stainless steel appliances, vinyl plank flooring, and in-unit washer/dryer. A detached 480 sq ft outbuilding provides secure, private storage for each tenant.Located just blocks from Whole Foods, Laurelhurst Park, and top restaurants, with a Walk Score and Bike Score of 97, this home delivers unmatched access and lifestyle. Zoned for potential development or ADU addition. With $7,095/month in gross income and low monthly expenses, this is a compelling opportunity for both homeowners and investors alike.
Listing Provided Courtesy of Matt Mahaffy, Windermere Realty Trust
24640926
182 DOM
7
5227.2 SqFt
5
3998
1908
R5
Multnomah
R177657
Buckman
Hosford
Cleveland
MultiFamily
HAWTHORNES 1ST ADD, BLOCK 15, N 50' OF LOT 7&8
Listing Provided Courtesy of Matt Mahaffy, Windermere Realty Trust
PDXA1 Realty Group data last checked: Jul 08, 2025 13:27 | Listing last modified Jun 13, 2025 10:41,
Source:
3998
7
5
Composition
Driveway,OnStreet
4
1908
No
WoodSiding
Finished,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit
Finished,FullBasemen
Slab
MiniSplit
Electricity, Gas
MiniSplit
PublicSewer
Electricity, Gas
Electricity, Gas
6440.83
MaintenanceGrounds,Sewer,Water
Cash,Conventional
12-13-2024
No
No
182
207
Cash,Conventional
$1,350,000
$1,235,000
Jun 13, 2025 10:41
Listing courtesy of Windermere Realty Trust.
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: Jul 08, 2025 13:27 | Listing last modified Jun 13, 2025 10:41.
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.
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.
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.
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.
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.
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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