Attention investors and owner-occupied investors! This meticulously-maintained Craftsman 4-Plex is an exceptional income-generating opportunity offering stunning views of the river and Saint John's Bridge! Nicely situated on a tranquil street in the highly sought-after Cathedral Park neighborhood, you'll be just a few blocks from the lovely Cathedral Park, wonderful Willamette River, and the beautiful St. John's bridge! Currently occupied by excellent month-to-month tenants, two units are rented at market rates, while the remaining two units have significant potential for increased rental income. Recent remodeling work has been completed within the past year. The backyard is meticulously managed and adorned with specialty trees, plants, and a delightful shared garden.For those seeking an investment with scale-up potential, this expansive daylight basement is a standout feature. Boasting a spacious open floor plan, generously high ceilings, and a separate exterior entrance. The basement is currently used for tenant-allocated storage units and laundry, but it holds an abundance of untapped potential for added living space.Moreover, the second entry to Unit #2 presents an enticing opportunity to incorporate an extra bedroom with its own private entrance. Additionally, the unfinished attic provides further potential for expanding the existing upstairs living areas. Whether you're an investor or looking for an owner-occupied opportunity, seize your chance to make this amazing investment property your own. The owner may carry with a substantial down payment?contact the realtor for details!
Multi-familyProperty Type
1910Year Built
Listed by Mack Spear• Kelly Right Real Estate of Portland, LLC
*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
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1910
Sq. Ft.
2,160
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R125049
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 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
Apr 10, 2003 • Final
Zoning
Construct a new driveway and walkway.
Grading
Feb 13, 2003 • Final
Plumbing
Perform sewer repair on the property.
Plumbing
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: Open, Paved
Interior
Appliances
Hot Water Description: Electricity, Gas
Interior Features
Storage: Basement, Individual Storage Units
Basement: Daylight, Exterior Entry, Full Basement
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $1,500
Area: 600
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Hardwood Floors, Refrigerator, Storage
Units Total: 1
Unit Type 2 Information
Actual Rent: $875
Area: 790
BathsTotal: 1
Beds Total: 1
Features: Air Conditioning, Deck, Hardwood Floors, Storage
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,250
Area: 550
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Hardwood Floors, Refrigerator, Storage
Units Total: 1
Unit Type 4 Information
Actual Rent: $1,030
Area: 550
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Hardwood Floors, Refrigerator, Storage
Units Total: 1
Exterior
Exterior Features
Exterior Description: Cedar, Wood Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Commons, Level, Private
Parcel Number: R125049
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Security Features: Entry
View YN: Yes
View Description: City, River
Building Information
Year Built: 1910
Financial
Tax Information
Tax Year: 2022
Tax Legal Description: BYARS ADD, BLOCK 2, LOT 7
Tax Annual Amount: $6,379.45
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 5.83
Gross Rent Multiplier: 15.17
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: Yes
Cooling: Heat Pump
Location
School Information
Elementary School: Other
Middle Or Junior School: Other
High School: Other
Location Information
Directions: 4 Blocks Northwest of Cathedral Park & Saint John's Bridge
Unparsed Address: 9426 N EDISON ST, Portland, OR 97035
Community Information
Community Features: Laundry
Zoning: R5
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,160
Stories: 2.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1910
County: Multnomah County
APN: R125049
Home facts updated by county records on Aug 24, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Sitton Elementary School
Public K-5 • Assigned • 0.5mi
8/10
George Middle School
Public 6-8 • Assigned • 1.3mi
5/10
Roosevelt High School
Public 9-12 • Assigned • 1.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97035
Average low and high temperatures (°F)
48
35
50
37
57
43
65
45
71
51
77
55
83
59
84
62
78
57
64
48
54
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$774,000 – $937,000
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