$1450000
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6 Bed
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8 Bath
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3636 SqFt
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16 DOM
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Built: 2019
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Status: Active
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Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.
Listing Provided Courtesy of Kate Kennedy, Windermere Realty Trust
General Information
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620761114
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16 DOM
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6
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1306.8 SqFt
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8
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3636
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2019
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R1AH
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Multnomah
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R688383
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Vernon
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Vernon
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Leodis McDaniel
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MultiFamily
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PARTITION PLAT 2018-7, LOT 2
Listing Provided Courtesy of Kate Kennedy, Windermere Realty Trust
PDXA1 Realty Group data last checked: Aug 28, 2025 14:15 | Listing last modified May 24, 2025 15:25,
Source:
Residence Information
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-
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3636
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-
-
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6
-
-
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8
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-
-
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None
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3
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2019
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No
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T111Siding
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-
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ConcretePerimeter
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Features and Utilities
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-
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MiniSplit
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Gas
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MiniSplit
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PublicSewer
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Gas
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Electricity
Financial
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8859.25
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0
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Sewer,TrashCollection,Water
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-
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Cash,Conventional
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05-08-2025
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No
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No
Comparable Information
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16
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112
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Cash,Conventional
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$1,450,000
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$1,450,000
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May 24, 2025 15:25
Schools
Map
Listing courtesy of Windermere Realty Trust.
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: Aug 28, 2025 14:15 | Listing last modified May 24, 2025 15:25.
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 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.
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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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