$749900
4 Bed
4 Bath
2952 SqFt
1 DOM
Built: 1885
Open House
Real Estate Agent
(503) 336-1515OPEN HOUSE, TUESDAY, 6/17, FROM 11AM TO 1PM! Unlock the doors to a unique opportunity in the heart of Johns Landing. This 4-plex not only offers a cozy haven for residents, but also opens the door to owner-occupied possibilities or lease the entire building out at a wonderful 8 CAP. Each one-bedroom, one-bath unit provides a comfortable retreat with unique built-in drop down eating nooks, built-ins, updated counters and backsplash in the kitchens, 2 feature new LVP flooring while 2 offer fir flooring. Basement previously had a 5th non conforming unit, but making it a conforming unit would be costly . Also found in the basement is the common laundry facilites that streamline daily chores. 2 storage units exist in the basement for additional income along with 3 garages that can also be rented. There is a shared backyard with garden beds and additional potential for development. NEW electrical panels and meters, a new sewer line, a new garage roof, structural stabilization of the garages and entry stairs, and basement storage build-out have all been completed at this amazing asset. Immerse yourself in the charm of John's Landing with all its amenities and proximity to the river and downtown, where urban living seamlessly blends with tranquility. This isn't just a property, its an invitation to live, invest, and embrace the neighborhood's distinctive character. Imagine calling one of these units home while managing the others. Walk to cafe's, coffee, mass transportation and all the south waterfront has to offer.
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
473729676
1 DOM
4
5227.2 SqFt
4
2952
1885
RM1
Multnomah
R129305
Capitol Hill
Jackson
Ida B Wells
MultiFamily
CARUTHERS ADD, BLOCK 179, LOT 1
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
Mohan Realty Group data last checked: Jun 17, 2025 06:34 | Listing last modified Jun 16, 2025 09:55,
Source:
Tue, Jun 17th, 11AM to 1PM