Portland, 97214
6 Bed
4 Bath
3240 SqFt
200 DOM
Built: 1965
$1,025,000
$1025000
6 Bed
4 Bath
3240 SqFt
200 DOM
Built: 1965
Real Estate Agent
(503) 336-1515Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Desirable Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.
Listing Provided Courtesy of Teri Toombs, Wood Land Realty
493082979
200 DOM
6
5227.2 SqFt
4
3240
1965
R2.5
Multnomah
R214625
Sunnyside Env
Sunnyside Env
Franklin
MultiFamily
MAYOR GATES ADD, BLOCK 5, LOT 12
Listing Provided Courtesy of Teri Toombs, Wood Land Realty
Mohan Realty Group data last checked: Dec 16, 2025 18:17 | Listing last modified Nov 03, 2025 17:50,
Source:
3240
6
4
Composition
OnStreet
2
1965
No
T111Siding
CrawlSpace
CrawlSpace
ConcretePerimeter
None
Electricity
Baseboard, WallHeater
PublicSewer
Electricity
Electricity
10810.27
0
MaintenanceGrounds,Sewer,TrashCollection,Water
Conventional
03-14-2025
No
No
09-30-2025
200
200
11-03-2025
Conventional
$1,250,000
$1,000,000
$1,025,000
Nov 03, 2025 17:50
Listing courtesy of Wood Land Realty.
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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: Dec 16, 2025 18:17 | Listing last modified Nov 03, 2025 17:50.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Real Estate Agent
(503) 336-1515Massive price drop on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Desirable Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four units + 3 separate garage leases creates multiple income streams. #121 - 1 bed/1 bath, hardwood floors. #123 - 2 bed/1 bath hardwoods. #125 3 bed/2 bath New LVP flooring thoughout. #127 2 bed/1 bath bamboo floors + new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional $595/month income on 3 separately leased garage spaces. Located in the central eastside Kerns neighborhood smack dab in the middle of it all. Bamboo Sushi, Ken's Artisan Pizza, food pods, brews and more. Walk score = 96, bike score = 90. Walkers/bikers paradise! Lots of action + a desirable area for those drawn to the ease of living near work, food and fun, with many nearby parks.