$1200000
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8 Bed
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4 Bath
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4324 SqFt
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1 DOM
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Built: 2014
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Status: Active
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Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property combines strong rental demand with long-term growth potential. All four units are currently occupied, providing immediate cash flow. Each spacious, thoughtfully designed apartment features 2 bedrooms and 1 bathroom, its own private entrance, and abundant natural light. Interiors include laminate hardwood-style flooring, maple cabinetry, stainless steel appliances, in-unit washer and dryer, living room ceiling fan, and efficient PTAC heating and cooling systems. The property also offers practical amenities that enhance tenant satisfaction, including a covered, lockable trash and recycling storage area, a secure private entryway for the two upper-level units, an installed alarm monitoring system and an outdoor bike rack for tenant use. Situated just minutes from Downtown Portland and close to shopping, parks, amenities, and public transportation, this fourplex represents an ideal turnkey investment for both seasoned and first-time multifamily investors.
Listing Provided Courtesy of Jeff Edmondson, 24/7 Properties
General Information
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607818350
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1 DOM
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8
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5227.2 SqFt
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4
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4324
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2014
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RM2
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Multnomah
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R658489
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James John
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George
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Roosevelt
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MultiFamily
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JAMES JOHNS 2ND ADD, BLOCK 23, LOT 7
Listing Provided Courtesy of Jeff Edmondson, 24/7 Properties
PDXA1 Realty Group data last checked: Mar 21, 2026 04:54 | Listing last modified Mar 20, 2026 16:19,
Source:
Residence Information
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4324
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-
-
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8
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-
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4
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Composition
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-
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OnStreet
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2
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2014
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No
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CementSiding, LapSiding
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CrawlSpace
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-
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CrawlSpace
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ConcretePerimeter
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Features and Utilities
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WallUnit
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Electricity
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ForcedAir
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PublicSewer
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Electricity
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Electricity
Financial
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16454.42
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Electricity,Heat,MaintenanceGrounds,Sewer,TrashCol
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Cash,Conventional
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03-20-2026
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No
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No
Comparable Information
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1
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1
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Cash,Conventional
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$1,200,000
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$1,200,000
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Mar 20, 2026 16:19
Schools
Map
Listing courtesy of 24/7 Properties.
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: Mar 21, 2026 04:54 | Listing last modified Mar 20, 2026 16:19.
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.
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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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