Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & 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. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.
Multi-familyProperty Type
1971Year Built
10,018 sq ftLot Size
$335Price/Sq.Ft.
2 garage spacesParking
Listed by Marc Rogers• Township Properties Real Estate LLC
Listed by Kathy Rogers• Township Properties Real Estate LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Multnomah County
APN
R177593
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 15, 2026.
R5
Residential 5,000 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mar 1, 2018 • Final
Electrical
Install an indoor and outdoor mini-split system with a service outlet and a condensate pump using an existing electrical circuit.
Electrical
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: Carport, Garage
Parking Total: 4
Garage Information
Garage Spaces: 2
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Garage(s)
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $2,235
Area: 864
Baths Total: 1
Beds Total: 2
Features: Air Conditioning, Dishwasher, Fireplace, Washer/Dryer
Units Total: 1
Unit Type 2 Information
Actual Rent: $2,070
Area: 864
BathsTotal: 2
Beds Total: 2
Features: Air Conditioning, Dishwasher, Fireplace, Washer/Dryer
Units Total: 1
Unit Type 3 Information
Actual Rent: $2,195
Area: 780
Baths Total: 1
Beds Total: 2
Features: Air Conditioning, Dishwasher, Washer/Dryer
Units Total: 1
Unit Type 4 Information
Actual Rent: $2,080
Area: 780
Baths Total: 1
Beds Total: 2
Features: Air Conditioning, Dishwasher, Washer/Dryer
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Unreinforced Masonry Bldg: No
Lot Information
Lot Size Square Feet: 10,018
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size Dimensions: 100 x 200
Lot Size Acres: 0.23
Lot Size: 10,000 to 14,999 SqFt
Lot Features: Level, Private, Trees, Wooded
Parcel Number: R177593
Parcel Number 2: R177592
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: Yes
View Description: Trees/Woods
Building Information
Year Built: 1971
Building Area Total: 3,288
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: HAWTHORNES 1ST ADD, BLOCK 10, LOT 9
Tax Annual Amount: $6,756.45
Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 6.45
Gross Rent Multiplier: 10.28
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: Yes
Cooling: Mini Split
Location
School Information
Elementary School: Buckman
Middle Or Junior School: Hosford
High School: Cleveland
Location Information
Directions: NE Glisan St, South on NE 30th Ave, West on NE Everett St
Unparsed Address: 2933 NE EVERETT ST, Portland, OR 97232
Community Information
Community Features: All Landscaping
Zoning: R5
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R177593
Home facts updated by county records on Apr 15, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Buckman Elementary School
Public K-5 • Assigned • 0.8mi
8/10
Hosford Middle School
Public 6-8 • Assigned • 1.3mi
8/10
Cleveland High School
Public 9-12 • Assigned • 1.9mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
6 days above 91° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97232
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.