INVESTOR ALERT! Fantastic investment opportunity - Fully leased turnkey duplex with a stellar rental history. Perfect for owner occupants, live in one unit while generating income from the other to help offset the mortgage payments. Recent renovations totaling $48,000 have transformed these spacious, easy accessible one-level units into comfortable living spaces. Quietly situated on a private driveway tucked away from the bustling SE Foster Road bordered by a privacy screen of established bamboo and greenery. Each 2-bedroom, 1-bath unit features an open-concept layout, seamlessly combining living and dining areas. Step out the back door to a newly fenced backyard and patio, complete with an outdoor storage closet for added convenience. Centrally located, just a 13-minute drive to PDX Airport and 20 minutes to Downtown Portland. Enjoy easy access to shopping, major highways, and public transportation. Each unit comes with its own designated assigned parking spot, as well as an additional bonus parking space that could be leased to tenants for an extra fee. Additionally, there are plenty of off-street parking options available. Recent upgrades include a new roof, fresh interior and exterior paint, plumbing, and electrical components. Inside, you'll find modern amenities like washer and dryer in each unit, new laminate flooring, granite countertops, and kitchen cabinets designed for optimal storage. Stainless steel appliances, including a refrigerator, dishwasher, stove, and microwave. Unit 12841 even features a newer gas furnace and hot water heater.ALL utilities covered by Tenants. Ask your agent for a complete list of recent upgrades and repairs. Don't let this opportunity slip away! Reach out today to inquire about 5% down financing options and schedule your showing. PLEASE DO NOT DISTURB TENANTS.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
9,020 Sq. Ft.
Year renovated
1981
Sq. Ft.
1,826
Year built
1981
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R201380
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.