$550000
Price cut: $25K (05-08-2025)
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4 Bed
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2 Bath
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1856 SqFt
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125 DOM
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Built: 1925
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Three-Unit Investment totaling 6 beds, 3 baths, and 3,640 SqFt: A rare, income-generating opportunity: this property includes a classic duplex, a detached ADU, and is being sold along with the adjacent lot (MLS: 24148834); offering .24 acres together and excellent flexibility for investors, developers, or multi-generational living. With three rentable units, each with private entrances and access to shared outdoor space, the layout supports strong rental performance. The main home includes two units (A/B) and both have significant plumbing upgrades, including all new pex plumbing and a new water main from the meter. UNIT A features a spacious covered front porch, a generous living/dining area, a functional kitchen, and two bedrooms with shared bath access. A covered deck leads to a fully fenced backyard, creating a sense of privacy and space. UNIT B offers an upper-level retreat with vaulted ceilings, an open floorplan, and expansive windows for natural light and a balcony with territorial views. A recently updated gas furnace adds to its efficiency and comfort. UNIT C (ADU) is a 792 SqFt, well-designed two-bedroom unit with a private fenced patio and a smart floor plan. Recent system updates - including a newer roof, water main, gas wall furnace and 2023 electrical panel - boost peace of mind and reduce overhead. A shared basement includes separate laundry hookups and large storage rooms for each unit, along with new (2024) water heaters for units A/B. With multiple revenue streams and built-in flexibility, this is a practical, value-driven investment with room to grow.
Listing Provided Courtesy of Steve Brian, Living Room Realty
General Information
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528845755
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125 DOM
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4
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5227.2 SqFt
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2
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1856
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1925
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R7
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Multnomah
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R217104
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Lent
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Kellogg
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Franklin
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MultiFamily
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MENTONE, BLOCK 28, N 50' OF LOT 11&12
Listing Provided Courtesy of Steve Brian, Living Room Realty
Mohan Realty Group data last checked: Sep 02, 2025 01:14 | Listing last modified Aug 19, 2025 08:46,
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