Overview
- 2952 Sqft
- 1958
- MultiFamily
- 343352474
- 0.12 Acres
- Realty Marketing / Northwest
- John Rosenthal
Description
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath unit and four one-bedroom, one-bath units. All tenants are on month-to-month leases, with approximately 80% in place for two or more years. The property includes an on-site shared laundry room. Projected 2026 gross income is $62,040, with real estate taxes of $7,246. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing asset with stable tenancy in Northeast Portland.
Details
Updated on May 30, 2026 at 2:27 am-
MLS# 343352474
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Property Size 2952 Sqft
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Land Area 0.12 Acres
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Garage Size x x
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Year Built 1958
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Property Type MultiFamily
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Property Status Active
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Office Name Realty Marketing / Northwest
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Agent Name John Rosenthal
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Office Phone 503-224-1906
Additional details
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Listing Terms Cash
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Roof Composition
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Sewer Public Sewer
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Heating Forced Air
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County Multnomah
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Property Type MultiFamily
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Parking Driveway, Open
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Elementary School Jason Lee
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Middle School Roseway Heights
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High School Leodis McDaniel
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Community Features Laundry
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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