$935000
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5 Bed
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3 Bath
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3306 SqFt
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1 DOM
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Built: 1966
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Status: Active
Love this home?
Excellent opportunity to own a turnkey, fully occupied four-plex in the heart of NE Portland. This property features a desirable mix of units—three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit—all fully remodeled in 2015 with high-quality finishes and modern updates, including in-unit washers and dryers.Professionally managed and consistently occupied, the investment is scheduled to gross over $75,000 in 2025. Actual financials closely mirror the pro-forma, supporting a realistic 5+% CAP rate, making this a solid, dependable investment.Located near Laurelhurst and the Hollywood District, just steps to restaurants, shops, parks, Providence Hospital, library, the Hollywood Farmers Market, and MAX Light Rail. Enjoy easy access to I-84 and major transit routes, making it highly attractive to tenants and commuters alike. Whether you're looking to grow your portfolio or invest in a high-performing asset in a thriving Portland neighborhood, this four-plex checks all the boxes.
Listing Provided Courtesy of Christopher Mackey, Windermere RE Lane County
General Information
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327417535
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-
1 DOM
-
5
-
4356 SqFt
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3
-
3306
-
1966
-
R1
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Multnomah
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R110686
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Laurelhurst
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Laurelhurst
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Grant
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MultiFamily
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AVALON, BLOCK 2, LOT 5 EXC PT IN HWY
Listing Provided Courtesy of Christopher Mackey, Windermere RE Lane County
PDXA1 Realty Group data last checked: Jul 12, 2025 17:28 | Listing last modified Jul 01, 2025 17:13,
Source:
Residence Information
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-
-
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3306
-
-
-
-
5
-
-
-
3
-
BuiltUp
-
-
-
Assigned,OffStreet
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2
-
1966
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No
-
-
CementSiding
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CrawlSpace
-
-
-
CrawlSpace
-
ConcretePerimeter
-
-
Features and Utilities
-
-
-
-
-
-
None
-
-
WallHeater
-
PublicSewer
-
-
Electricity
Financial
-
12753.21
-
0
-
MaintenanceGrounds,Sewer,TrashCollection,Water
-
-
-
Cash,Conventional
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06-30-2025
-
-
No
-
No
Comparable Information
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1
-
12
-
-
Cash,Conventional
-
$935,000
-
$935,000
-
-
Jul 01, 2025 17:13
Schools
Map
Listing courtesy of Windermere RE Lane County.
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: Jul 12, 2025 17:28 | Listing last modified Jul 01, 2025 17:13.
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.
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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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