Properties
Sullivan's Gulch Fourplex
2165 - 2171 NE Multnomah St, Portland, OR 97232
$1,075,000
Ideally situated in the highly sought-after Sullivan’s Gulch neighborhood—just south of NE Broadway’s coffee shops, restaurants, boutiques, and light rail—this four-unit property combines strong rental income with an unbeatable location.
Tenants love the spacious, townhouse-style layouts, private outdoor spaces, in-unit laundry, decks/patios & off-street parking. Brand new Studio unit was added in 2023, equipped with Sprinkler System. With reliable renters and a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations
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Stable Rent History
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Extra Large Layouts
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Off Street Parking
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Decks & Fireplaces
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Annual Rents - $92,520
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Gross Rent Multiplier - 11.66
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Cap Rate - 5.26 %
North Tabor Fourplex
6342 - 6348 NE Willow St, Portland, OR 97213
$825,000
The property is a single-level fourplex, with plenty of off-street parking. All units are 3-bedroom, 1-bath units with W/D hook ups and decks, two of which have fireplaces.
It is located one mile north of Mount Tabor Park and 1 ½ miles to Laurelhurst Park, two of Portland’s finest parks. The property is serviced by the 60th MAX station (1/4 mile away), the 50s bikeway, and bus lines along Burnside, Glisan & 60th, offering convenient access to I-84.
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Large 3-bedroom units
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Off Street Parking
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Decks & Fireplaces
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Annual Rents - $78,216
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Gross Rent Multiplier - 10.55
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Cap Rate - 5.85 %