$1450000
6 Bed
8 Bath
3636 SqFt
16 DOM
Built: 2019
Status: Active
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
620761114
16 DOM
6
1306.8 SqFt
8
3636
2019
R1AH
Multnomah
R688383
Vernon
Vernon
Leodis McDaniel
MultiFamily
PARTITION PLAT 2018-7, LOT 2
Listing Provided Courtesy of Kate Kennedy, Windermere Realty Trust
PDXA1 Realty Group data last checked: Aug 07, 2025 10:02 | Listing last modified May 24, 2025 15:25,
Source:
3636
6
8
None
3
2019
No
T111Siding
ConcretePerimeter
MiniSplit
Gas
MiniSplit
PublicSewer
Gas
Electricity
8859.25
0
Sewer,TrashCollection,Water
Cash,Conventional
05-08-2025
No
No
16
91
Cash,Conventional
$1,450,000
$1,450,000
May 24, 2025 15:25
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 07, 2025 10:02 | 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.
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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