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Portland, OR, 97239 • Homestead • Multnomah County
$292/sqft
Down payment assistance available
6Beds
6Baths
4,116Sqft
0.12 acLot
1953Built
Scenic Views
City · Trees/Woods
Hmstd
Homestead
Hardwood Floors
Quality flooring throughout
3d on Market
Listed Mar 24, 2026
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Listed 3 days ago · 308 views · 4 saves
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3 days on market
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$292/sqft
Price per square foot
Multi Family · Built 1953
Exceptional investment opportunity just two blocks from OHSU, offering strong and consistent rental demand from medical residents, dental and nursing students, and nearby tech professionals. This well-maintained multi-unit property features extensive updates throughout, including hardwood flooring, quartz countertops, and updated cabinetry in both kitchens and baths. All units are equipped with stainless steel appliances, including dishwashers and modern stainless exhaust hoods, along with high-efficiency washers and dryers for added tenant convenience.The property offers desirable parking with space for two vehicles per unit, a rare feature for the area. Two units feature fireplaces, while the building’s layout provides a quiet and private setting with two units facing north and two units oriented southwest for optimal light and livability. Additional upgrades include newer double-pane windows, a newer hot water heater, and a roof replaced approximately two years ago, helping to minimize future capital expenditures.Cadet electric wall heaters provide efficient heating, and the property’s proximity to OHSU ensures strong occupancy potential with long-term tenants. Located in a highly sought-after area with excellent access to transit, downtown Portland, and major employment centers, this property presents a turnkey, income-producing opportunity with long-term upside.
Standout features identified
Our analysis highlights modern stainless exhaust hoods, newer double-pane windows, and hardwood flooring 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
8 categories of property features
Market data and value estimates
3 schools rated nearby
Portland, OR, 97239
14 events
Local context around this listing
Portland, OR • Multnomah County
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