Home For Sale near Willamette River - Multnomah County

Don't miss out on this exceptional investment opportunity! This impeccably maintained and professionally managed 9-plex in the highly sought-after Cathedral Park neighborhood offers a perfect blend of strong rental income and unbeatable location. Featuring 6 spacious two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house, this property provides diverse rental options for maximum appeal. With 8 off-street parking spaces and just minutes from the vibrant downtown St. Johns - home to trendy restaurants, boutique shops, and local hotspots - it's the perfect spot for tenants. Plus, with public transportation right at your doorstep, convenience is key! New roof in 2024. A Walk Score of 90 and Bike Score of 87 make this an incredibly accessible location. All units are currently rented at market rates, ensuring a steady stream of income from day one. Act fast - opportunities like this don't last long!

Property Details

  • Beds: 9
  • Baths: 0.0
  • Sq Feet: 7070
  • Year Built: 1925
  • Location: Willamette River - Multnomah County
  • Acres: 0.230
  • County: Multnomah County
  • Community: CATHEDRAL PARK
  • Heat/AC: Zoned
  • Roof: Composition
  • Stories: 2
  • Property Taxes: $19,080
  • MLS #: 702711980

Location

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Contact Information:

Contact Agent
Listing Agent: Cindy Somsanith, Farrell Realty & Property Management, 503-750-8298, 503-283-1900 Listing Site, Listing Status: Active
Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Portland, Oregon
Ad Number : 7017317
Viewed: 4 times
Added: Dec 03, 2025
Updated on: Dec 03, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.