$1350000
1 Bed
2 Bath
3260 SqFt
4 DOM
Built: 1942
Status: Active
The property has 4 buildings; a 5plex, 4plex, a standalone and a storage garage. There are seven 1 bedrooms and 3 studios. The 4plex is new and was completed in 2024.4 Plex consists of four 1 bedroom units all about 325 SF with individual water heaters, electric panels, and meters. Each units has its own Heat Pump with AC. There also is a fire alarm and sprinkler system. The building was built completely new and completed in 2024.The 5 unit building has three studios and two 1 bedroom units. It has a metal roof and siding, separate meters and electric heat. 3 of the units have recently been upgrade with LPV floors fresh paint etc.The standalone unit is 360 SF and has a new shingle roof and electric heat.All units are metered separately and tenants pay their own bills.The storage garage is a basic pole building 24X36 with its own meter and 200 amp service. Potential to add laundry and storage units for tenants.Plenty of off street parking for the tenants.Potential opportunity to build more units depending on the city.
Listing Provided Courtesy of Rich Stark, Rich Stark Realty
712436745
4 DOM
1
0.79 acres
2
3260
1942
LDR5
Multnomah
R339809
Kelly Creek
Gordon Russell
Sam Barlow
MultiFamily
SECTION 13 1S 3E, TL 1400 0.79 ACRES
Listing Provided Courtesy of Rich Stark, Rich Stark Realty
PDXA1 Realty Group data last checked: Jan 14, 2026 06:45 | Listing last modified Jan 10, 2026 20:13,
Source:
3260
1
2
Composition,Metal
1
1942
No
Aluminum, LapSiding
CrawlSpace
CrawlSpace
CentralAir, HeatPump
Electricity
HeatPump, WallHeater
PublicSewer
Electricity
Electricity
4965.46
TrashCollection
Cash,Conventional
01-10-2026
No
No
4
4
Cash,Conventional
$1,350,000
$1,350,000
Jan 10, 2026 20:13
Listing courtesy of Rich Stark 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.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jan 14, 2026 06:45 | Listing last modified Jan 10, 2026 20:13.
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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.
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.
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