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Listed by Farrell Realty & Property Management, Inc • info@farrellrealty.com
$ 839,900
Est. payment | /mo
3,450 SqFt
$ 839,900
Est. payment | /mo
3,450 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $243
Subdivision South Tabor
MLS Listing ID 155047869
Year Built 1976
Annual Tax Amount $11,990
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Rare South Tabor 4-Plex! Don't let the address fool you—this well-maintained, townhouse-style 4-plex is a hidden gem in the heart of South Tabor. Tucked away on a quiet flag lot, this property offers convenience with the peace and privacy of a secluded setting. Set back from the street with paved off-street parking, tenants enjoy easy access to public transportation, shopping, restaurants, and everyday amenities—without the street noise. Each of the four spacious 2-bedroom units has been thoughtfully remodeled with updated kitchens and bathrooms, in-unit washer/dryers, and sliding doors that open to private patios—ideal for outdoor relaxation. Rents are strong at $1295 (with rent increase already issued), $1695, $1665, and $1795, with upside potential in this highly desirable rental location. This is a turn-key investment with stable tenancy, modern updates, and a layout that appeals to long-term renters. Please do not disturb tenants. No sign on property.
Location
State OR
County Multnomah
Area _143
Zoning RM2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Bridger
Middle Schools Harrison Park
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Sarah Boylan, MBA
Licensed Real Estate Broker