This listing is NOT a foreclosure. Well-maintained and professionally managed fourplex in the highly desirable Kerns neighborhood-an exceptonal turnkey investment opportunity with a true 5.47% cap rate. The property features two townhouse-style units with 2 bedrooms and 1.5 baths, along with two single-level units offering 2 bedrooms and 1 bath.All units include covered off-street parking-a rare and valuable amenity in this area. Interior features include hardwood floors, built-in dishwashers, and access to on-site laundry.Ideally located near Kens Artisan Bakery, CREMA Coffee + Bakery, Whole Foods Market, Bamboo Sushi, and Laurelhurst Park, with countless additional dining and lifestyle options nearby.Units experience minimal turnover and lease quickly when available, supporting stable and consistent income. Walk Score of 95 "Walker's Paradise."This MLS Resale home is a single family home located in Portland. It offers 0.09 acres in size, 6 beds and 6 baths. Review its detailed information and determine if this Portland MLS Resale has the qualities you are looking for.
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1076017280
Parcel NumberR126037
CountyMultnomah
Bedrooms6
Bathrooms6.0
Living Area (sqft)3,500
Price/sqft$300
Year Built01/01/1967
Property TypeSingle Family Home
Lot Size0.09 acres
Stories2
Total Units4
Parking4
Legal DescriptionCAMERONS ADD, BLOCK 1, LOT 2&3 TL 10700
ZoningR2.5
rto financingtrio
Property Brokerage:
Living Room Realty