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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
2,000
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1942
full baths
Full Baths
0
half baths
Half Baths
0
Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!
Location
Subdivision BRENTWOOD - DARLINGTON
County Multnomah
Elementary School Whitman
Middle School Lane
High School Franklin
open houses Open houses
None scheduled.
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MLS number: 23166503
Listing agent: Seann Bates
Listing broker: The Alpine Group Inc (503) 641-4620
Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 1:37 a.m. EST
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