Gorgeous 5 unit building in "Gander Ridge." Great rental income with room to increase on the longer term tenants. Low expenses, tenants pay based on occupancy. Updated electrical panels (2014) and new roof in Jan 2022. Ground floor units have refinished original fir floors. Current zoning should allow for additional units, buyer to verify. Make Offers subject to interior inspection.
Multi-familyProperty Type
1900Year Built
$258Price/Sq.Ft.
Listed by Benjamin Ficker• Equity Pacific Real Estate LLC
Bought with Alexander Phan• Keller Williams Realty Professionals
*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
Permits
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1900
Sq. Ft.
3,176
Year built
1900
Style
Other
County
Multnomah County
APN
R246965
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Apr 23, 2026 • Active
Tree code
Remove and replant a street tree.
Grading
Jun 5, 2025 • Final
Commercial building
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: None
Interior
Appliances
Hot Water Description: Gas
Interior Features
Storage: Basement
Basement: Full Basement
Exterior
Exterior Features
Roof: Composition
Exterior Description: Lap Siding, Other
Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level
Parcel Number: R246965
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 1900
Building Area Total: 5,272
Financial
Tax Information
Tax Year: 2021
Tax Legal Description: PORTLAND, SUB OF NW 1/4 Z, BLOCK NW1/4Z, W 1/2 OF LOT 1&2, E 1/2