
Dekum 6-Unit - New Construction
6822 NE Grand Ave Portland, OR 97211
$1,920,000
Newly constructed six-plex with beautiful units in a great location, blocks from the Dekum Triangle. Also close to N Williams, Mississippi & Alberta Arts districts. All units are 2 bedrooms, 2 bathrooms with spacious open floor plans, 9‘ ceilings, stainless steel appliances, quartz countertops, and washer/dryers. Each unit features mini-split heating and cooling systems, as well as private decks and/or patios. The master suites include walk-in closets and private balconies.
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New Construction
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Great Location
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Decks / Patios for each unit
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Stainless Steel Appliances
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Quartz Countertops
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Washer/Dryer in each unit

Woodstock Duplexes
5120-5126 SE Carlton St. Portland, OR 97206
$825,000
Classic 70's ranch-style side by side duplexes on separate tax lots offered for sale together. All units are spacious 2 bedroom / 1 bath units with individual garages, fireplaces, washer/dryer hook-ups, patios, and extra storage
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Located 2 blocks from SE Woodstock Blvd
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Individual Garages
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Individual Patios
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Walk Score of 89 and bike score of 99
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Annual Income: $28,882 - 15.75 GRM
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Total Sqft: 3780
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Built: 1973
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Zoning: RM1

Downtown Property
633 SW Sherman St. Portland, OR 97201
$403,000
The ideal rental property for students of Portland State University or someone who wants to easily experience all downtown Portland has to offer. The property consists of 2 bedrooms on the main floor with a third in the partially finished attic. The massive unfinished basement and attic provide vast opportunity if finished but currently allow for significant extra storage. Additionally, the property has excellent backyard space.
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Built in 1880
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RM4 Zoning
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90 Walk Score
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Hardwood Floors
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High Ceilings
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Property is currently vacant
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Previously rented to Portland State Students for $2100 per month
Classic Mediterranean Four-Plex
1023 - 1039 SE 21st Ave, Portland, OR 97214
$1,270,000
This impeccably maintained vintage building is full of all the charm and character that Portlanders love. Located on a quiet residential street, all units have private basements with washer/dryers & garage/storage space. All units have hardwood floors, fireplaces, dishwashers, built-ins & tile tub surrounds in the bathrooms. Three new gas furnaces and four new a/c units were installed in 2016. Unit 1031 had a $25K renovation in 2018. Rare find! ML# 18503998
Popular Buckman / Belmont Neighborhood
$69,840 Annual Rents – 17.9 GRM
4,926 Square Feet
Built 1927
Zoning – R2.5
Below is a link to the Property Website with photos & video of the property:
https://capellatours.com/tours/CPT01337_1023-SE-21st-AvePortland/b.html
Irvington Duplex
2342 - 2346 NE 14th Ave, Portland, OR 97212
$677,500
Featured on the cover of Oregon Home in 2001, this unique duplex in the heart of the Irvington features a wonderful master bedroom loft addition in the top floor unit. The lower unit includes a full basement, private yard & deck. Ideally suited for an owner occupant in either unit.
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Hardwood Floors
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Fireplaces in both units
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Washer/Dryer in both units
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Detached Garage
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Annual Income - 40,223 (16.80 GRM)
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Net Income - $30,813 (4.55 Cap Rate)
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Walk Score - 80; Bike Score - 95
Hawthorne Four-Plex w/ Developable Lot
4047 SE Main St, Portland, OR 97214
$810,000
Grand old Four-Plex with development potential. The 4-plex & detached garage sit on the east side of an oversized 8,572 SF lot. Owner applied for a Lot Line Adjustment & received a Property Line Adjustment Checksheet from the City. Call for details.
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Hardwood Floors, Built-Ins, Decks
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$61,200 Projected Annual Market Rents
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13.2 Gross Rent Multiplier
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6.07% Cap Rate on Pro Forma Financials
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Popular Sunnyside / Hawthorne Neighborhood
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Walk Score - 94; Bike Score - 93
Belmont District Duplex
706 - 710 SE 47th Ave, Portland, OR 97215
$505,000
Well maintained mid-century style duplex in the heart of the Sunnyside / Belmont District. One tenant is moving out so ideally suited for an owner occupant. Side by side units with private yards, storage sheds, off-street parking, W/D in each unit.
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New Tear-Off Roof in 2015
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Back unit renovated in 2014
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Current Annual Rents - 32,760 (15.2 GRM)
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Projected Market Rents - $40,680 (12.07 GRM)
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Walk Score - 76; Bike Score - 97
Classic Vintage Hollywood 16 Unit
1634 NE 41st Ave, Portland, OR 97232
$2,500,000
Classic vintage 16 unit in the heart of Hollywood full of all the charm and character Portlanders love. Period detail throughout including original woodwork, built-ins, french doors and hardwood floors. Easy walk to the Hollywood MAX station, Trader Joe's, 24 Hour Fitness, Hollywood theater, along with many restaurants, shops, and pubs. Walk score of 95 and bike score of 99!
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16 Studio Apartments
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$198,840 Annual Rents - 13.3 Gross Rent Multiplier
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6.04% Cap Rate on Actual Income & Expenses
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Built in 1927
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9,153 Square Feet
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CX Zoning
Colonial Heights Six-Plex
2121 & 2127 SE Caruthers, Portland, OR 97214
$1,075,000
The property consists of two side-by-side triplexes on separate tax lots, offered for sale together as a 6-Unit. These wonderful vintage buildings are full of all the charm and character that Portlanders love! The units have period detailing throughout, including hardwood floors, built-ins, coved doorways, French doors and tile kitchen counters. All units have 1 bedroom, 1 bathroom & individual basements.
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Six 1BD/1BA Unit
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Individual Basements
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Built in 1928
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6,192 Square Feet
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Annual Rents - $72,475 (19.3 GRM)
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Projected Market Rents - $90,000 (15.5 GRM)
Sullivan’s Gulch Duplex
2015 NE Wasco St, Portland, OR 97232
$680,000
Classic Vintage Duplex in the heart of popular Sullivan's Gulch! Property was meticulously renovated in 2014, inside & out. Main floor unit includes finished lower level with 2nd bedroom. Great neighborhood. Nice yard. Great for owner occupant or investment.
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New Roof
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New Water/sewer lines
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New Exterior Paint
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New Furnaces
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New Kitchens & Baths
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Washer/Dryers in Both Units
Brooklyn / Sellwod Four-Plex
5505 SE 17th Ave, Portland, OR 97202
Sale Price: $810,000
Nicely maintained property with upside in rents. Great close-in SE neighborhood. RHd zone will allow for multiple unit development.
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All 2 bedroom units with Hardwood Floors
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Built 1962
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Building Sq. Ft. 3,136
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Annual Gross Scheduled Rents - $49,260
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Projected Market Rents - $66,960
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Gross Rent Multiplier – 17.97 Current; 13.22 Pro Forma
14 Units Close-In Southeast
4321 & 4342 SE 27th Ave, Portland, OR 97202
Sales Price: $1,300,000
Two buildings (8-unit & 6-unit) across the street from each other, offered for sale together. Nicely updated buildings with vinyl windows close to downtown, Hawthorne & Division.
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Six 2BD/1BA units, Seven 1BD units & One Studio
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Built 1960
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Bldg SqFt: 10,800
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Common Laundry
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Individual Storage
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Annual Rents: $128,839 (10.1 GRM)
Kenton Four-Plex
Sale Price: $567.500
2315 N Lombard St, Portland, OR 97217
Newer, well-maintained 4-plex in Hot Kenton area. Six blocks to the downtown Kenton's "Denver Strip." The property has had a single owner & professional property management since it was built in 1995.
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Open floor plans with W/D & Decks.
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Main Floor units are handicap accessible.
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Off-Street parking in back.
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Big upside in rents.
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Great rental area.
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Walk Score of 83.
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Two 1BD units & two 2BD units.
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Annual Rents - $45,720 (12.6 GRM).
Multi-Family Land – Southeast Portland
12040 SE Liebe St, Portland, OR 97266
Sale Price: $249.000
Level 16,855 SqFt lot with rental house & unfinished Duplex.
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R2 Zoning should allow for 8 units
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House built in 1954 & rents for $995/month
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Duplex built in 2001 but never finished
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Current structures on west side of lot
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Large open space on east side of lot
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Property is nice residential neighborhood just down the street from Raymond Park
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MLS# 13447236
Pacific Crest Apartments 16 Units
5235 SE Lambert St, Portland, OR 97206
Sale Price: $1,035,000
16-Unit apartment complex about 1 mile south of hot Woodstock strip. Nice mix of 1 & 2 bdrm units. Units have been updated on turnover with new carpet, flooring, paint & appliances. Professionally managed. Upside in rents. Additional income from laundry & utility bill-back.
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Built 1966
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Building Sq.Ft. – 11,220
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(8) 1BD/1BA Units & (8) 2BD/2BA Units
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Annual Market Rents – 124,224 (8.8 GRM & 5.55% Cap)
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New exterior paint in 2007, roof was re-tarred in 2001. Some newer windows
Historic Buckman Duplex
2533-2535 SE Salmon St., Portland, OR 97214
Sale Price: $878,400
Beautifully maintained historic duplex in original / restored condition on double lot
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Two large units + Carriage House above Garage
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Plans Approved by city to upgrade Carriage House to Art Studio w/Bathroom
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HW Flrs, High Ceilings, Built-Ins, Original Woodwork, Leaded Glass & so much more!
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New Period-Matched Gourmet Kitchens with SS Appliances & Gas Stove
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Pride of Ownership / Ideal for Owner Occupant
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Featured in the Rejuvenation Catalog
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4,937 Sq. Ft.
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Annual Rents - $47,700 (18.4 GRM)
Grand Buckman Duplex
713 – 717 SE 17th Ave, Portland, OR 97214
Sale Price: $825,000
Pride of ownership shows in this Grand Old Portland Style Property. Original features including HW Floors, leaded glass windows, pocket doors, & original woodwork. Many upgrades including structural reinforcement, extra wall & floor insulation.
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Built 1909
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Building Square Feet: 4,146
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3BD/2BA - Lower Unit includes basement, has two full kitchens & currently rents as two separate units
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Annual Gross Scheduled Income: $51,360 (16.0 GRM)
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Great yard
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Two Car Garage
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Ideal for owner occupant.
Sullivan’s Gulch 7-Unit
2210 NE Weidler St, Portland, OR 97232
Sale Price: $650,000
Large 7-Unit in popular Sullivan’s Gulch with over 7,000 Sq. Ft. Lots of space. Lots of possibilities
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Two 2BD/1BA Units on the main floor
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Five Studios on the 2nd Floor
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1,900 SqFt Unfinished Basement & 546 SqFt Walk-Up Attic
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Four studio units recently renovated
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On Bus Line. Easy access to Lloyd Center, Downtown, & MAX
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Annual Rents: 71,640 (9.1 GRM)
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7.4% Cap Rate
Hawthorne Four-Plex
3423 SE Hawthorne Blvd, Portland, OR 97214
Sale Price: $900,000
Four-Plex zoned commercial (CS) in the heart of the Hawthorne district. Oversized lot could allow for future commercial development?? Owner spent approx. $70K in capital improvements over the past 5 years - New front porch, porch foundation, front concrete steps & retaining wall, interior & exterior paint, new appliances, Tile Entry, upgraded laundry room.
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CS Zoning on Oversized Lot (6,835 Sq. Ft.)
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Built 1909
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Build Sq. Ft. – 3,914
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Big Upside in Rents
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Current Rents - $42,720/yr (21.7 GRM)
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Projected Market Rents - $61,200/yr (15.1 GRM)
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MLS# 14522452
Historic Lair Hill Office Condo
3101 SW 1st Ave, Unit B, Porltand, OR 97201
$350,000
Ground level entrance on SW Woods St. 1,635 square feet of flexible office space configured with open reception area, 4 private offices, 2 large conference rooms or open work areas, private bathroom, copy/break room and storage room. The interior was taken completely to the studs and renovated in 2014. Ideal for owner user.
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Trendy Lair Hill Location
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Walking distance to S. Waterfront, OHSU Tram & Downtown
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New Electrical, Plumbing, Water & Sewer Lines
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Gas Fireplace
Lair Hill Triplex
3304 – 3308 SW Corbett Ave, Portland, OR 97239
Sale Price: $785,500
Unique, one of kind triplex in Historic Lair Hill one block to footbridge leading to OHSU Tram, MAX & South Waterfront. Minutes to downtown. Full of light, natural decor & great views of the city & South Waterfront.
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All 2BD Units
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Incredible top flr 2BD/2BA suite w/3rd bonus room, 2 fireplaces, 2 decks - Currently rents thru VRBO.
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Built 1892
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Building Sq Ft: 3,496
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Annual Gross Income $68,700 (12.46 GRM)
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VRBO Listing: http://www.vrbo.com/490935
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Virtual Tour: http://www.tourfactory.com/1329669
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MLS#: 15204524