8320 N PRINCETON ST, Portland, OR 97203

  • $1,095,000
  • $1,200,000

Overview

  • 4324 Sqft
    Property Size
  • 2014
    Year Built
  • MultiFamily
    Property Type
  • 607818350
    MLS#
  • 0.12 Acres
    Land Area
  • 24/7 Properties
    Office Name
  • Jeff Edmondson
    Agent Name

Description

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 is professionally managed by a quality local property management company. One unit can be shown by appointment other units would be shown after an accepted offer.

Details

Updated on June 2, 2026 at 7:12 am
  • MLS# 607818350
  • Price $1,095,000
  • Property Size 4324 Sqft
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 2014
  • Property Type MultiFamily
  • Property Status Active
  • Office Name 24/7 Properties
  • Agent Name Jeff Edmondson
  • Office Phone 503-482-0500

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Wall Unit
  • Heating Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking On Street
  • Elementary School James John
  • Middle School George
  • High School Roosevelt

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