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Why This Property?

Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS# 767340896) – $2,495/mo1214 SE 179th Ave (MLS# 206884563) – $1,895/mo17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income—perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All...

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Facts & features

  • Bedrooms & bathrooms
    Bedrooms: 2 Bathrooms: 2
  • Stories
    None
  • Location
    City: Portland
  • Living Area
    1344 Sq ft
  • Lot size
    0.1 acres
  • Year built
    1978
  • Education
    Elementary: Alder High: Reynolds
  • Standard status
    Active
  • Heating
    Forced Air
  • Sewer
    Public Sewer
  • Water source
    Public

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