$1475000
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9 Bed
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8 Bath
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5899 SqFt
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3 DOM
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Built: 2004
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Status: Active
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Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment. The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention. Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental market.
Listing Provided Courtesy of David Columbus, Living Room Realty
General Information
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535479438
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3 DOM
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9
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0.27 acres
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8
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5899
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2004
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RM2
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Multnomah
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R145740
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Mill Park
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Floyd Light
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David Douglas
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MultiFamily
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D & O LITTLE HMS SUB 1, N 70' OF S 170' OF W 198' OF LOT 4, EXC P
Listing Provided Courtesy of David Columbus, Living Room Realty
PDXA1 Realty Group data last checked: Oct 05, 2025 02:29 | Listing last modified Oct 02, 2025 12:21,
Source:
Residence Information
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5899
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-
-
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9
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-
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8
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Composition
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-
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OffStreet,Paved
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3
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2004
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No
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CementSiding
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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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None
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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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12750.89
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Sewer,TrashCollection,Water
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Cash,Conventional,OwnerWillCarry
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10-02-2025
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No
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No
Comparable Information
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3
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3
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Cash,Conventional,OwnerWillCarry
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$1,475,000
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$1,475,000
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Oct 02, 2025 12:21
Schools
Map
Listing courtesy of Living Room 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: Oct 05, 2025 02:29 | Listing last modified Oct 02, 2025 12:21.
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 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.
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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.
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