Presented by: Premiere Property Group, LLC -
Property Description
Prime investment opportunity in Portland’s highly desirable Kerns neighborhood! This quadplex features four rentable units with six total bedrooms, all currently occupied, offering immediate income potential. Ideally located in the heart of Portland near incredible restaurants, shops, entertainment, and public transit. Property amenities include a dedicated laundry room with coin-operated machines, individual storage units, plus a large additional storage room that could generate extra rental income or be reserved for owner use. A rare opportunity in an exceptional location!
Interior Features
Bedrooms
Unit 1 Beds Total2
Unit 2 Beds Total1
Unit 3 Beds Total1
Unit 4 Beds Total2
Bathrooms
Unit 1 Baths Total1
Unit 2 Baths Total1
Unit 3 Baths Total1
Unit 4 Baths Total1
Other Interior Features
UnitType1ActualRent1695
UnitType1UnitsTotal1
UnitType2ActualRent1395
UnitType2UnitsTotal1
UnitType3ActualRent1290
UnitType3UnitsTotal1
UnitType4ActualRent1170
UnitType4UnitsTotal1
FuelDescriptionElectricity
StorageIndividualStorageUnits
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
General
Accessory Dwelling Unit Y/NN
CityPortland
Community FeaturesLaundry
CountyMultnomah
DirectionsNE Sandy Blvd to 24th to Hoyt
DisclosuresDisclosure
Elementary SchoolBuckman
Garage Spaces0
Gross Income62978.0
HOANo
HeatingBaseboard
High SchoolCleveland
Legal DescriptionLOGANS ADD, BLOCK 4, LOT 2
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet5,227 sqft
MLS Area_142
Middle/Junior High SchoolHosford
Net Operating Income43201.0
Number Of Units Total4
Operating Expense19777.0
Parcel Number0
Property ConditionExisting
Property TypeMultiFamily
Rent IncludesMaintenanceGrounds, Sewer, TrashCollection, Water
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameKERNS
Tax Annual Amount$8,932
Tax Year2025
Year Built1958
ZoningRM2
Exterior
Building Area Total2,900 sqft
Exterior DescriptionWoodSiding
Lot Size Acres0.12
Parking FeaturesOnStreet
Road Surface TypePaved
Total Parking0
Water SourcePublicWater
Additional Details
Price History
Schools
High School
Cleveland High School
Middle School
Hosford Middle School
Elementary School
Buckman Elementary School








