10406 NE FARGO ST

Portland, 97220

  • 3 Bed

  • 9 Bath

  • 4056 SqFt

  • 2 DOM

  • Built: 1997

  • Status: Active

$750,000

X

10406 NE FARGO ST

Portland 97220

$750000

  • 3 Bed

  • 9 Bath

  • 4056 SqFt

  • 2 DOM

  • Built: 1997

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

PLEASE DO NOT DISTURB TENANTS.Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you’re an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.

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Residence Information

  • 4056

  • 3

  • 9

  • Composition

  • 2,

  • Driveway,Garage

  • 3

  • 1997

  • No

  • VinylSiding

  • Finished

  • Finished

  • ConcretePerimeter

Features and Utilities

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Gas

Financial

  • 10724.62

  • 0

  • Electricity,Gas,Heat,Sewer,TrashCollection,Water

  • Cash,Conventional

  • 07-11-2025

  • No

  • No

Comparable Information

  • 2

  • 2

  • Cash,Conventional

  • $750,000

  • $750,000

  • Jul 11, 2025 09:33

Schools

Elementary : Sacramento N/A Ratings
Middle : Parkrose N/A Ratings
High : Parkrose N/A Ratings

Map

Listing courtesy of ELEETE Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 13, 2025 07:39 | Listing last modified Jul 11, 2025 09:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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