$1,150,000

Estimated payment $7,193/month

Total Views 2,681
6 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Forced Air Heating System
  • Creston Elementary School Rated 9+
  • Window Unit Cooling System
  • Garage

About This Home

100% occupied with long term renters. Close in 5 plex. Solid rental history. Great investment opportunity. Very well maintained property that has had multiple updates done over the years. 2024 new roof, Very well cared for by a local owner and same family for over 40 years. The front unit is 2-bedroom and has 2 fireplaces (1 gas), city views, finished basement/ bonus area with access to the 2 car garage. All interior pictures were provided by the owner when unit 4430 was last vacant. Large individual storage spaces in roomy basement w/ on-site Coin Meter laundry! Locked owners work space in basement. Great location! Close proximity to Trader Joe's, New Seasons, coffee shops, taverns, Woodstock, Reed College.

Listing Agent

Kenneth Becket

Coldwell Banker Bain Brokerage Phone: 503-590-7340 License #200312163 Listed on: 07/29/2025

Coldwell Banker Bain

Co-Listing Agent

Sharon Dawson

Coldwell Banker Bain Brokerage Phone: 503-590-7340 License #980200164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,704

Year Built

  • Built in 1959

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Garage
  • On-Street Parking

Schools

  • Creston Elementary School
  • Hosford Middle School
  • Franklin High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • City Views
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number R206235

Community Details

Overview

  • 5 Units
  • Creston Kelinworth Subdivision
  • Property managed by Jeff Longacre

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $17,869
  • Gross Income $71,040
  • Net Operating Income $53,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,704

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1959
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, PartiallyFinished, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,VinylSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Garage, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Security: None
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Jeff Longacre
  • Management Phone: 503-708-7341
  • Community Features: Laundry

Schools

  • Elementary School: Creston
  • High School: Franklin
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: CM1
  • Parcel #: R206235

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11704.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 16.19
  • Annual Gross Income: 71040.0
  • Property Net Operating Income: 53171.0
  • Annual Operating Expense: 17869.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $1,150,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Similar Homes in Portland, OR

  • 2122 NW Everett St, Portland, OR 97210

    $975,000

    • 4 Beds
    • 4 Baths
    • 4,756 Sq Ft
    • 2122 NW Everett St
    • Portland, OR

    Come explore this grand & versatile Queen Anne Victorian, to use as 3Plex or love it as a whole house! Attractive seller financing may be possible. Airbnb for 1 or more units may be allowed. Stunning "owner's unit" upstairs, over 1850 sq ft. Benefit from a lucrative rental income while living a vibrant urban lifestyle in the heart of exciting NW Portland. Located in a coveted area known for its

    Laurie Sonnenfeld Laurie Sonnenfeld Realty

    Section Image
  • 5405 SE Lafayette St, Portland, OR 97206

    $990,000

    • 8 Beds
    • 4 Baths
    • 3,300 Sq Ft
    • 5405 SE Lafayette St
    • Portland, OR

    Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you the option to move in and let the other tenants help pay your mortgage, or set your own rent.

    Blake Byzewski John L. Scott

    Section Image
  • 4881 SE 63rd Ave, Portland, OR 97206

    $1,499,900

    • 8 Beds
    • 8 Baths
    • 3,464 Sq Ft
    • 4881 SE 63rd Ave
    • Portland, OR

    Amazing SE PDX location in idyllic Mt. Scott-Arleta meets elevated design + modern architecture! Impeccably designed, find warm tones across these open concept floor plans boasting expansive windows for a light + bright feel with door out to private, fenced patio with coveted AC! High-end finishes grace each space with a custom kitchen featuring modern cabinetry, slab counters, extensive tile

    Darryl Bodle Keller Williams Realty Portland Premiere

    Section Image
  • 3324 SE 24th Ave, Portland, OR 97202

    $1,195,000

    • 5 Beds
    • 3 Baths
    • 1,640 Sq Ft
    • 3324 SE 24th Ave
    • Portland, OR

    Beautifully updated SE Portland property with multiple income streams! This fully updated 4BD/2BA home sits on a 5,000 SF lot and includes three detached tiny homes, each with full utility hookups and private access. Live in the main house and rent out the tiny homes, or lease the entire property as a high-yield, turn-key rental. Extensive upgrades throughout include a fully renovated kitchen and

    Jacob Serrill Kelly Right Real Estate of Portland, LLC

    Section Image
  • 2406 SE 30th Ave, Portland, OR 97214

    $1,100,000

    • 6 Beds
    • 3 Baths
    • 2406 SE 30th Ave
    • Portland, OR

    Rare opportunity to own two homes on one lot in one of the best locations in SE Portland! This 1929 English style home sits on a corner lot just a block off Division St on a beautifully tree lined street! With 5 bedrooms and 2 full baths, there's plenty of room for all! Original details throughout include hardwood floors, fireplace, built-ins, picture rails and coved ceilings. Full unfinished

    Jarrett Altman Neighborhood Works

    Section Image
  • 2901 SE 73rd Ave, Portland, OR 97206

    $1,519,900

    • 6 Beds
    • 6 Baths
    • 4,045 Sq Ft
    • 2901 SE 73rd Ave
    • Portland, OR

    Introducing a beautifully designed four-unit multifamily property, thoughtfully crafted by a skilled local boutique builder. Each unit offers around 1,000 square feet of light-filled living space, blending comfort, style, and functionality. Step inside to find soaring ceilings and oversized picture windows that flood the open-concept great room with natural light. The gourmet kitchens in each

    Darryl Bodle Keller Williams Realty Portland Premiere

    Section Image
  • 922 934 SE 40th Ave, Portland, OR 97214

    $999,000

    • 4 Beds
    • 4 Baths
    • 3,060 Sq Ft
    • 922 934 SE 40th Ave
    • Portland, OR

    Well-kept 1926 fourplex in the highly desirable Sunnyside neighborhood. Each unit has its own private basement and features vintage charm that hasn’t been over-renovated: hardwood floors, classic tile, original built-ins. Strong rents, low vacancy. Extra income through leased garage spaces. Owner occ opportunity - one unit vacant. Walk Score 95, Bike Score 100. Blocks to Belmont, Hawthorne,

    Eric Guess Rarebird Real Estate

    Section Image
  • 2112 SE Elliott Ave, Portland, OR 97214

    $1,200,000

    • 6 Beds
    • 3 Baths
    • 5,178 Sq Ft
    • 2112 SE Elliott Ave
    • Portland, OR

    Nestled in the heart of Portland’s beloved Ladd’s Addition Historic District, this stately 1912 Craftsman duplex offers over 5,000 square feet of timeless charm and flexible living space. Located on a wide, tree-lined street surrounded by architecturally significant homes, this property is just blocks from the vibrant cafes, restaurants, and shops of Hawthorne and Division Streets, and steps from

    Hope Beraka Think Real Estate

    Section Image
  • 1408 SE 22nd Ave, Portland, OR 97214

    $1,350,000

    • 7 Beds
    • 7 Baths
    • 6,178 Sq Ft
    • 1408 SE 22nd Ave
    • Portland, OR

    This seven-unit multifamily property is located at the corner of SE 22nd and Madison in Portland’s highly desirable Buckman neighborhood. Built in 1904, this classic eastside building offers spacious one-bedroom units, each approximately 600 square feet, featuring hardwood floors, gas ranges, and abundant natural light.The property includes on-site laundry, a full basement with storage, and

    Benjamin Ficker Keller Williams Sunset Corridor

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 612402859

Regional Multiple Listing Service (RMLS)

APN: 1S2E07CC 14100