Back on the market through no fault of the seller so now is your chance! Two buildings, one two bed home and a duplex with two one bedroom units in it. The house rent is WAY under market due to the seller keeping rent low for the tenant who is a friend. Decently maintained "bread and butter" units that stay rented. Make offers subject to interior inspection.

Please do not disturb the tenants. No sign on the property. Interior pictures are from when the duplex was last vacant. House has not been vacant in about 37 years! This is a fixer and seller wants to sell as is and will not remove any tenants.

ACTIVE: Offered at $429,000

8428 SE 60th Ave, Portland OR 97206
MLS # 159582964

Great, 16 unit Gresham apartment complex with on site laundry and plenty of parking. Priced to sell at $137.5k per unit, you will find this property very competitive. Great occupancy history.

Two units recently remodeled and several others greatly updated. Current Cap rate is low due to two units being empty for over a year caused by two separate water damage losses. With them finished and soon to be rented, the Cap rate should end up at 4.8 for 2025.

NOT IN PORTLAND! This is a Gresham property with a Portland address. Don't be fooled! You are not bound by Portland rental requirements. Not all two bed nor one bed units rent for the same amount.

ACTIVE: Offered at $2,200,000

16360 SE Stark St, Portland OR 97233

MLS # 388817085

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