5550 Beaverton Hillsdale HwyPortland, OR 97221

This exceptional investment opportunity presents a stabilized, 9-unit multifamily portfolio in desirable Portland, Oregon. The property consists of an eight-plex built between 1986 and 1987, boasting 100% occupancy and a strong net operating income (NOI) of $120,730, yielding a 6.05% cap rate. The portfolio also includes a charming 1,800 square foot, three-bedroom, two-bathroom ranch house situated on a sizable 0.45-acre lot, built in 1950. The ranch house, currently occupied by a family member at no rent, presents significant upside potential, with an estimated rental value of $3,300 per month, which would further increase the cap rate. The property features a total of 8,616 square feet on a 19,370 square foot lot, with 13 parking spaces. The eight-plex is zoned R1, offering flexibility for future development. The ranch house includes a full unfinished basement with a full bathroom, presenting the possibility of expansion or redevelopment. The property's prime location offers easy access to public transportation, grocery stores, and restaurants. This is a rare opportunity to acquire a well-maintained, high-performing multifamily portfolio with substantial upside potential in a thriving Portland market. The asking price is $1,995,000, translating to $221,667 per unit and $231.55 per square foot of net rentable space. The property's two buildings are two stories each.