$250000
1 Bed
5 Bath
2309 SqFt
8 DOM
Built: 1943
Once-in-a-lifetime investment opportunity! This 5-plex features five charming units, perfectly situated on "Pill Hill." Conveniently located near Oregon Health Sciences University (OHSU). Comprising four cozy studios and one inviting one-bedroom, this property presents a fantastic opportunity for value-add improvements. With current rents below market, there's a bright potential for increased income in this highly desirable area, known for its strong demand from OHSU employees and students. All units are conveniently located on the ground floor, with a basement providing space for laundry and water heaters. Each unit is separately metered for electricity and natural gas, with tenants responsible for their utilities. The driveway offers easy access and parking for one vehicle or multiple motorcycles, and it could be transformed into additional storage or amenity space, boosting rental appeal and overall value. Property is zoned RM3, creating an opportunity to develop. Retaining wall requires significant updates and repairs. Offers due: Thursday, July 3rd at 10 AM. CASH ONLY.
Listing Provided Courtesy of Matt Murray, Cascade Hasson Sotheby's International Realty
358980332
8 DOM
1
5227.2 SqFt
5
2309
1943
RM3
Multnomah
R247230
Ainsworth
West Sylvan
Lincoln
MultiFamily
PORTLAND CITY HMSTD, BLOCK 60, W OF CO ST NO 1101, S 15' OF LOT 3
Listing Provided Courtesy of Matt Murray, Cascade Hasson Sotheby's International Realty
PDXA1 Realty Group data last checked: Jul 06, 2025 22:22 | Listing last modified Jul 04, 2025 13:40,
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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.
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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