$995000
Price cut: $79K (06-05-2025)
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6 Bed
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4 Bath
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3238 SqFt
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85 DOM
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Built: 2020
- Status: Active
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Duplex and house. See related listing #742021713. Great opportunity for owner occupied investment. Unique property includes a modern 2020 duplex (1,128 & 1,210 sq ft) and a charming 1912 single-family home (900 sq ft). Ideal for owner-occupants looking to offset their mortgage with rental income while growing equity. The duplex, constructed by contractor-owner, is thoughtfully set back from the street, providing privacy and a residential feel. Each unit offers light-filled living spaces, LVP flooring, stylish half-baths, and open kitchens with stainless appliances. Sliding glass doors from the dining areas lead to private, enclosed patios—ideal for entertaining or relaxing. Upstairs are two bedrooms, a full bath with shower, and laundry. The 1912 home has been well-maintained, featuring two bedrooms, one bath, hardwood floors, a dining room, galley kitchen with new sink and countertops, newer appliances, and a spacious laundry room with second entry. Updates on the house include a 2019 roof and 2015 furnace. Tenants enjoy off-street, assigned parking. See attached information for owner-occupied financing and more details on the units. This exceptional, well-maintained property offers a perfect blend of immediate cash flow and future growth potential. City of Portland approved building plans for a total of seven units, giving buyers the opportunity to expand and increase value. (See attached plans. Buyer to perform their own due diligence.) Located in a prime area with easy access to I-205, public transportation, schools, shopping, and parks. Please do not disturb tenants or enter the property without agent. No sign on property. Offers subject to interior inspection. CAP rate of 5.80.
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
General Information
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644905672
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SingleFamilyResidence
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85 DOM
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6
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8276.4 SqFt
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4
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3238
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2020
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R2.5
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Multnomah
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R125343
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Lent
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Kellogg
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Franklin
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Residential
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SingleFamilyResidence
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CADWELLS ADD, BLOCK 1, LOT 1&2 TL 600
Listing Provided Courtesy of Susan Golden, RE/MAX Equity Group
PDXA1 Realty Group data last checked: Jul 04, 2025 15:22 | Listing last modified Jul 02, 2025 21:13,
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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.
— Jagathishp
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.
— Ramren Garajan
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