Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garagesparking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has its own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units.
Features
4 bedrooms
4 bathrooms
directions_car10 carspaces
directions_car3 garage spaces
2477 sq. ft. floor area
crop_free0.25 ac. lot size
cottageMulti-Family
Property history for 12344 SE Bush St
2019
Sold
Undisclosed
10 Jan 2019
2012
Sold
$250,000
09 Apr 2012
Happy sellers in Portland
80%
sentiment_satisfied
80% of sellers in Portland reported that their sale price either exceeded or met their price expectations.
Portland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Portland over the last 12 months.
Local market activity for 4 bedroom multi families in Portland
Sold
For Sale
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