Multifamily Homes & Duplexes for Sale in 97227

This charming traditional 1909 Farmhouse sits in the heart of the vibrant and eclectic Mississippi Avenue Historic District offering incredible flexibility with a detached ADU! The main house features 2 bedrooms, living and dining with refinished fir floors, unfinished basement and unfinished attic. The fully permitted detached ADU is a modern one-bedroom oasis with walk-in closet, tons of light,

Bill Jackson John L. Scott Portland Central

$25,000 PRICE REDUCTION! Zoning allows for up to *9 units*! There are TWO POTENTIAL ASSETS HERE: The duplex alone is valued at $650K-$700K. With current rents, the CAP RATE is over 6%! Split the lot & sell (valued at $250K-$350K, depending on size and configuration) for instant equity conversion, or develop separately. This is a true TURN-KEY investment in the hot N Mississippi Neighborhood.

Elizabeth Wren Shiffler Realty Works Group