$1550000
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16 Bed
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9 Bath
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7684 SqFt
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48 DOM
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Built: 1971
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Status: Active
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Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
General Information
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435583336
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48 DOM
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16
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0.52 acres
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9
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7684
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1971
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R2A
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Multnomah
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R167829
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Marysville
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Kellogg
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Franklin
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MultiFamily
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GARDENA, LOT 10, W 24.25' OF LOT 11
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
PDXA1 Realty Group data last checked: Sep 23, 2025 10:52 | Listing last modified Aug 06, 2025 10:37,
Source:
Residence Information
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7684
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-
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16
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-
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9
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Composition
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-
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Driveway,Paved
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2
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1971
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No
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Brick, 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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WindowUnit
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WallHeater
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PublicSewer
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Electricity
Financial
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16467.12
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Sewer,TrashCollection,Water
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-
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Cash,Conventional
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08-06-2025
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No
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No
Comparable Information
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48
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48
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Cash,Conventional
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$1,550,000
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$1,550,000
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Aug 06, 2025 10:37
Schools
Map
Listing courtesy of ELEETE Real Estate.
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: Sep 23, 2025 10:52 | Listing last modified Aug 06, 2025 10:37.
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.
— 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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