5223 SE LAFAYETTE ST

Portland, 97206

  • 10 Bed

  • 5 Bath

  • 3683 SqFt

  • 84 DOM

  • Built: 1969

  • Status: Active

$1,283,000

Price cut: $137K (05-23-2025)

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5223 SE LAFAYETTE ST

Portland 97206

$1283000

Price cut: $137K (05-23-2025)

  • 10 Bed

  • 5 Bath

  • 3683 SqFt

  • 84 DOM

  • Built: 1969

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

This five-unit beauty has legs! Terrific Foster/Powell location ideal for renters. Four two-story units and one single level unit. Townhouse style two-story units have been professionally remodeled. Kitchens feature granite counter tops, new cabinets and new appliances. Living room floors are either engineered wood or oak. New carpet on the upper levels. Bathrooms with subway tile and new fixtures. Two units have a private backyard. The single level unit upstairs has a private patio. Solid tenants with significant room to improve rents. This building is a long-term hold with incredible opportunity to build cash flow and equity. Fully occupied -- please do not disturb tenants. Offer contingent on interior inspection. No sign at the property. Seller is a licensed agent in another state. A wonderful property to start or improve your investment portfolio!

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