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Portland, OR, 97203 • Cathedral Park • Multnomah County
$278/sqft
Down payment assistance available
8Beds
4Baths
4,324Sqft
0.12 acLot
2014Built
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Listed 7 days ago · 226 views
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7 days on market
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$278/sqft
Price per square foot
Multi Family · Built 2014
Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property combines strong rental demand with long-term growth potential. All four units are currently occupied, providing immediate cash flow. Each spacious, thoughtfully designed apartment features 2 bedrooms and 1 bathroom, its own private entrance, and abundant natural light. Interiors include laminate hardwood-style flooring, maple cabinetry, stainless steel appliances, in-unit washer and dryer, living room ceiling fan, and efficient PTAC heating and cooling systems. The property also offers practical amenities that enhance tenant satisfaction, including a covered, lockable trash and recycling storage area, a secure private entryway for the two upper-level units, an installed alarm monitoring system and an outdoor bike rack for tenant use. Situated just minutes from Downtown Portland and close to shopping, parks, amenities, and public transportation, this fourplex represents an ideal turnkey investment for both seasoned and first-time multifamily investors.
Standout features identified
Our analysis highlights spacious thoughtfully designed apartment, private entrance, and abundant natural light as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $960,000 loan
Full calculator →Key facts and listing details
6 categories of property features
Market data and value estimates
3 schools rated nearby
Portland, OR, 97203
7 events
12 years of records
Local context around this listing
Portland, OR • Multnomah County
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