Live, Work, Invest - A unique property with two 4-Plex units, a 2/1 free standing home with an unfinished basement and a separate 300 sq ft accessory/office building with a half bath. Seller has made significant upgrades to the property including new siding, windows, insulation, exterior paint on both 4- Plex buildings, a new storm drain system and new asphalt/paving of the parking lot. Fabulous location, on the 76 bus line with the stop next door to the complex. A rare Live, Work, Investment opportunity.
Multi-familyProperty Type
1970Year Built
0.48 acresLot Size
$242Price/Sq.Ft.
13 spacesParking
Listed by Doug Landers• John L. Scott Portland Central
Listed by Maddie Landers• John L. Scott Portland Central
Fantastic turn-key investment opportunity. This convenietly located, completely renovated, 9 unit apartment features a stand alone 2 bedroom house with fireplace and laundry, plus two 4-Plex flats with on-site laundry. All units renovated in 2008 with new kitchens, windows, siding, roofs, and flooring. Great location, on bus line, near Washington Square mall & business parks.
*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
Permits
Beds
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Baths
—
Stories
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Lot width
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Lot depth
—
Lot size
0.48 Acres
Year renovated
—
Sq. Ft.
6,432
Year built
—
Style
Other
County
Washington County
APN
R274161
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 Sep 4, 2026.
Dec 7, 2021 • Final
Commercial - electrical
Install new LED floor lights and wallpacks on the exterior of the building.
Electrical
Mar 16, 2017 • Final
Residential - mechanical
Replace the existing furnace.
HVAC
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: Off Street, Paved
Parking Total: 13
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Basement, Locked
Basement: Crawl Space, Full Basement, Unfinished
Exterior
Exterior Features
Roof: Composition, Metal, Shingle
Exterior Description: Cedar, Cement Siding, Lap Siding
Lot Information
Lot Size Square Feet: 20,908
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size Acres: 0.48
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Level, On Busline, Public Road
Parcel Number: R274161
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
Security Features: Security Lights
View YN: No
Building Information
Year Built: 1970
Building Area Total: 7,400
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2024
Tax Legal Description: ACRES 0.48
Rent Information
Rent Includes: Electricity, Trash Collection
Lease / Rent Information
CAP Rate: 4.64
Gross Rent Multiplier: 14.48
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity, Gas
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air - 90%, Mini Split, Wall Heater