$1100000
8 Bed
5 Bath
3288 SqFt
2 DOM
Built: 1971
Status: Pending
Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
174428626
2 DOM
8
10018.8 SqFt
5
3288
1971
R5
Multnomah
R177593
Buckman
Hosford
Cleveland
MultiFamily
HAWTHORNES 1ST ADD, BLOCK 10, LOT 9
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
PDXA1 Realty Group data last checked: Apr 18, 2026 19:20 | Listing last modified Apr 18, 2026 07:40,
Source:
3288
8
5
Composition
2,
Carport,Garage
1
1971
No
WoodSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
MiniSplit
Electricity
MiniSplit
PublicSewer
Electricity
Electricity
6756.45
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
04-15-2026
No
No
04-17-2026
2
2
Cash,Conventional
$1,100,000
$1,100,000
Apr 18, 2026 07:40
Listing courtesy of Township Properties Real Estate LLC.
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: Apr 18, 2026 19:20 | Listing last modified Apr 18, 2026 07:40.
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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