Home For Sale near Willamette River - Multnomah County
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.Property Details
- Beds: 8
- Baths: 4.0
- Sq Feet: 4324
- Year Built: 2014
- Location: Willamette River - Multnomah County
- Acres: 0.120
- County: Multnomah County
- Heat/AC: Forced Air
- Roof: Composition
- Stories: 2
- Property Taxes: $16,454
- MLS #: 607818350
Location
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Contact Information:
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Listing Agent: Jeff Edmondson, 24/7 Properties, 503-780-3030, 503-482-0500 Listing Site, Listing Status: Active
Copyright © 2026 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.
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Ad Statistics:
| Ad Number : | 7449063 |
| Viewed: | 11 times |
| Added: | Mar 20, 2026 |
| Updated on: | Mar 23, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
