$850000
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9 Bed
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5 Bath
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1560 SqFt
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24 DOM
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Built: 1974
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Status: Active
Love this home?
Investor Opportunity. 5-Plex in NE Portland. Unlock reliable cash flow with this well-maintained 5-unit multi-family property in a high-demand rental area of NE Portland. Situated on a large lot, the property features two buildings: One-story triplex, three units, each 2 bed / 1 bath, approx. 780 sq ft. Plus a Two-story duplex, two units, each 2 bed / 1.5 bath, approx. 800 sq ft.Property Highlights: Upside potential with market adjustments. All units on month-to-month leases, flexibility for rent increases or redevelopment plans. Owner pays water/sewer/garbage; all-electric appliances and heating. Mix of carpet, laminate, and tile flooring; washer/dryer hookups in each unit. Ample off-street parking for tenants. Long-term tenants with consistent rental history.Prime Location: Just minutes from Portland International Airport, this property offers tenants easy access to public transit, shopping, dining, schools, and major commuter routes. Nearby NE 42nd Ave and Cully Blvd provide convenient local services, while downtown Portland is an easy drive. This is a turn-key income property with stable occupancy and room for value-add improvements. Whether you’re expanding your portfolio or entering the Portland multifamily market, this 5-plex delivers immediate cash flow and long-term appreciation potential. No sign on property, do not disturb tenants. Shown by appointment only,
Listing Provided Courtesy of Julie Yarnall, Keller Williams Realty Portland Premiere
General Information
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369379821
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24 DOM
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9
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0.29 acres
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5
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1560
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1974
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R2
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Multnomah
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R284224
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Rigler
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Beaumont
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Leodis McDaniel
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MultiFamily
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TERESI TR, E 1/2 OF LOT 10
Listing Provided Courtesy of Julie Yarnall, Keller Williams Realty Portland Premiere
PDXA1 Realty Group data last checked: Sep 04, 2025 19:29 | Listing last modified Sep 04, 2025 01:15,
Source:
Residence Information
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1560
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-
-
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9
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-
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5
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Composition
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-
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Assigned
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1974
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No
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WoodSiding
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CrawlSpace
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-
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CrawlSpace
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Features and Utilities
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Electricity
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Baseboard, WallHeater
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PublicSewer
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Electricity
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Electricity
Financial
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7756.37
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Sewer,TrashCollection,Water
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CallListingAgent
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08-11-2025
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No
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No
Comparable Information
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24
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24
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CallListingAgent
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$850,000
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$850,000
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Sep 04, 2025 01:15
Schools
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
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: Sep 04, 2025 19:29 | Listing last modified Sep 04, 2025 01:15.
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.
— Jagathishp
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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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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