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Carrie Warlaumont

carriewarlaumont@epique.me +1(503) 803-3812

Listed by Premiere Property Group, LLC

$ 599,995

Est. payment | -/mo

2,351 SqFt

Save Virtual Tour

$ 599,995

Est. payment | -/mo

Save Virtual Tour

2,351 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,351 sqft

Price per Sqft $255

Subdivision Foster - Powell

MLS Listing ID 107490662

Year Built 1906

Annual Tax Amount $5,885

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Great FoPo investment opportunity in this spacious Four Square home! This price includes a new roof to be installed prior to closing. Currently configured as a duplex and on record as a triplex, this property offers multiple ways to maximize value with 5 bedrooms, possibly 6 with a non-conforming bedroom in the lower level. The existing layout could be converted back to a triplex, creating an opportunity for additional rental income and equity growth. The lower level features a separate entrance, kitchenette with range and refrigerator, one legal bedroom, and a second non-conforming bedroom. The main floor includes a full kitchen, bedroom, dining room, utility room, and living area. Upstairs, two bedrooms are already in place, along with flexible space that could be a third bedroom or additional living area with a kitchen. A finished attic adds even more usable square footage and room to expand. Situated on a corner lot, the property also offers the potential of adding additional unit or tiny home. Recent updates include fresh interior paint and new carpets. With its multi-unit configuration, flexible floor plan, and opportunities for further development, this property is well suited for an investor looking to increase rental income and build equity. Located in the heart of Foster-Powell with a 100 Bike Score, the property offers easy access to Kern Park, local shops, restaurants, and favorite FoPo neighborhood amenities.

Location

State OR

County Multnomah

Area _143

Zoning R5

Rooms

Basement Finished

Interior

Heating Forced Air, Zoned

Exterior

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Arleta

Middle Schools Kellogg

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/1ac9f83b-083d-4167-bd6a-e6e83f5e0bd5?wl=true&setAttribution=mls&initialViewType=pano

Regional Multiple Listing Service (RMLS)

Nearby Locations

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+1(503) 803-3812

carriewarlaumont@epique.me

1026 SW Greenburg Rd Fl 4, Portland, OR 97223

3929 SE 70TH AVE Portland, OR 97206