$424900
3 Bed
2 Bath
1346 SqFt
2 DOM
Built: 1950
Status: Active
Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.
Listing Provided Courtesy of Brian Eustis, Rarebird Real Estate
770612929
2 DOM
3
0.26 acres
2
1346
1950
RM1
Multnomah
R334308
Mill Park
Ron Russell
David Douglas
MultiFamily
SECTION 11 1S 2E, TL 8400 0.26 ACRES
Listing Provided Courtesy of Brian Eustis, Rarebird Real Estate
PDXA1 Realty Group data last checked: Mar 15, 2026 22:45 | Listing last modified Mar 13, 2026 13:48,
Source:
1346
3
2
Composition,Shingle
OffStreet
1
1950
Yes
Geothermal
ShakeSiding, WoodSiding
CrawlSpace
CrawlSpace
PillarPostPier
None
Electricity
WallHeater
PublicSewer
Electricity
Electricity
3799.27
None
Cash,Conventional,FHA,VALoan
03-13-2026
No
No
2
2
Cash,Conventional,FHA,VALoan
$424,900
$424,900
Mar 13, 2026 13:48
Listing courtesy of Rarebird Real Estate.
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: Mar 15, 2026 22:45 | Listing last modified Mar 13, 2026 13:48.
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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