$1250000
10 Bed
10 Bath
5225 SqFt
2 DOM
Built: 1975
Status: Active
Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
212865825
2 DOM
10
8712 SqFt
10
5225
1975
CM3
Multnomah
R159034
Marysville
Kellogg
Franklin
MultiFamily
EVELYN, BLOCK 2, LOT 6&7
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
PDXA1 Realty Group data last checked: Feb 28, 2026 13:20 | Listing last modified Feb 13, 2026 15:18,
Source:
5225
10
10
Composition
Assigned,OffStreet
2
1975
No
Brick, CementSiding, LapSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
WallUnit
Electricity
Baseboard
PublicSewer
Electricity
Electricity
8716.7
MaintenanceGrounds,TrashCollection
Cash,Conventional
02-12-2026
No
No
2
16
Cash,Conventional
$1,250,000
$1,250,000
Feb 13, 2026 15:18
Listing courtesy of John L. Scott Portland Central.
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: Feb 28, 2026 13:20 | Listing last modified Feb 13, 2026 15:18.
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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