Estimated payment $5,371/month
Welcome to this turnkey 4-plex, comprised of two duplexes on a single tax lot, located in the desirable BrentwoodDarlington neighborhood of Southeast Portland. Each of the four units features 2 bedrooms and 1 bathroom, along withindividually fenced backyards that offer privacy and outdoor space—highly valued by tenants. The property has beenthoughtfully updated throughout, with improvements that align with modern living standards while minimizing future capitalneeds.This investment offers both immediate cash flow and long-term financial upside. The property is professionallymanaged, ensuring a hassle-free ownership experience and consistent performance. On-site laundry facilities add an extralayer of tenant convenience, supporting retention and maximizing income potential.Ideally situated, the property provideseasy access to schools, parks, shopping, dining, and public transportation—blending the comforts of a residentialneighborhood with the connectivity of city living. Please respect the privacy of current tenants—drive-bys only. Whether you’rea seasoned investor seeking to expand your portfolio or a first-time buyer looking for a low-maintenance income property,this 4-plex is a rare opportunity not to be missed.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,252 | $271,060 | -- | -- |
| 2023 | $7,252 | $263,170 | $0 | $0 |
| 2022 | $6,823 | $255,510 | $0 | $0 |
| 2021 | $6,707 | $248,070 | $0 | $0 |
| 2020 | $6,153 | $240,850 | $0 | $0 |
| 2019 | $5,927 | $233,836 | $0 | $0 |
| 2018 | $4,548 | $179,490 | $0 | $0 |
| 2017 | $4,359 | $174,270 | $0 | $0 |
| 2016 | $3,989 | $169,200 | $0 | $0 |
| 2015 | $3,864 | $164,280 | $0 | $0 |
| 2014 | $3,667 | $159,500 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $925,000 | +23.3% | $463 / Sq Ft |
| 09/14/2018 09/14/18 | Sold | $750,000 | -11.8% | $375 / Sq Ft |
| 08/29/2018 08/29/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | For Sale | $850,000 | +116.6% | $425 / Sq Ft |
| 07/10/2017 07/10/17 | Sold | $392,500 | -17.4% | $196 / Sq Ft |
| 05/31/2017 05/31/17 | Pending | -- | -- | -- |
| 03/20/2017 03/20/17 | For Sale | $475,000 | -- | $238 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | First American Title | |
| Special Warranty Deed | -- | First American Title | |
| Contract Of Sale | $392,500 | First American | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Contract Of Sale | $175,000 | -- | |
| Warranty Deed | $175,000 | Fidelity National Title Co | |
| Warranty Deed | $139,950 | Fidelity National Title Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $139,750 | New Conventional | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $160,500 | Purchase Money Mortgage | |
| Previous Owner | $175,000 | Seller Take Back | |
| Previous Owner | $140,000 | Purchase Money Mortgage | |
| Closed | $0 | No Value Available |
$675,000
*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at
Jason Kennedy RE/MAX Equity Group
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Julie Yarnall Keller Williams Realty Portland Premiere
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Rachel Delavan Delavan Realty Inc
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Fully rented 2006-built townhouse-style Triplex on a low traffic flag lot in the Brentwood neighborhood. 3 Bedrooms, 1 full bath & 1 half bath per unit each with their own detached garages. Open floorplan with kitchen island on the main. Upstairs features vaulted ceilings in all rooms making it feel very spacious! Oversized and private lot with potential for more units. Each unit has their own
Brian Porter Opt
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HUGE PRICE ADJUSTMENT Double the Fun in Foster-Powell! A rare opportunity to own two separate homes on one lot. Whether you're looking for a solid investment, live-and-rent setup, or space for extended friends and family this dynamic duo delivers flexibility with a proven track record in one of Portland’s most convenient inner SE neighborhoods. Built in 2019, this well-designed duo offers modern
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Fantastic investment opportunity to own a 4 units mobile park in a convenient location! Large .4 acre parcel! Total 4 mobile home space. Currently one space is vacant and available for space rent. The 3888 sqft are total of 3 existing manufactured homes on the property. Seller owns all 3 of them and they are included in the sales price! Two of the homes(28x48' each, each has 3 beds 2 baths) are
Guo Chen MORE Realty
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Wow 3 detached homes on a 9487 sq ft lot (same tax lot)! Check out what this property has to offer. Newer roof on 3 Homes. Two of the homes are 3 bedrooms, 1.5 bathroom offering spacious family room with open concept kitchen. One home (8413) is a three level home with 2 bedrooms, a full bathroom, and a finished basement with 2 bonus rooms. Secured parking space. Convenient location with public
Jin Zhao Kelly Right Real Estate of Portland, LLC
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Highly desirable, close-in SE Portland 4 plex with great rental history and income potential. In unit laundry, private patio space and parking. Close to Hawthorne shopping, dining and mass transit.
Krystin Bassist Windermere Realty Trust
$990,000
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
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 728212943
APN: R118330
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