4428 SE 42Nd Ave Portland, OR 97206
100% occupied fiveplex with solid rental history and recent updates.
Source:
Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Well-Maintained Fiveplex with Long-Term Renters
This 100% occupied fiveplex presents a great investment opportunity with long-term renters and a solid rental history. The property has been very well maintained and has had multiple updates over the years, including a new roof in 2024. The property has been cared for by a local owner and the same family for over 40 years. The front unit is a 2-bedroom unit that features 2 fireplaces (1 gas), city views, and a finished basement/bonus area with access to the 2-car garage. Large individual storage spaces are available in the roomy basement, which also includes on-site coin meter laundry. A locked owner's workspace is located in the basement. The property is in close proximity to Trader Joe's, New Seasons, coffee shops, taverns, Woodstock, and Reed College.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6186722
- Latitude
- 45.490442
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FAQs
What type of property is this?
Apartment building - 100% occupied fiveplex with solid rental history and recent updates.
Where is this apartment building located?
The property is located at 4428 SE 42Nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: - 100% occupied with long-term renters and a solid rental history, providing immediate income.; - New roof installed in 2024, indicating recent major maintenance.; - Well-maintained property with multiple updates over the years, owned by the same family for 40+ years.