7612 SE 65TH AVE, Portland, OR 97206

  • $850,000

Overview

  • 1.0
    Car Garage
  • 3030 Sqft
    Property Size
  • 1942
    Year Built
  • MultiFamily
    Property Type
  • 700106151
    MLS#
  • 0.23 Acres
    Land Area
  • Opt
    Office Name
  • Brian Spear
    Agent Name

Description

Updated 4-Plex with $7,740/monthly income – this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]

Details

Updated on September 17, 2026 at 6:20 pm
  • MLS# 700106151
  • Price $850,000
  • Property Size 3030 Sqft
  • Land Area 0.23 Acres
  • Car Garage 1.0
  • Garage Size x x
  • Year Built 1942
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Opt
  • Agent Name Brian Spear
  • Office Phone 503-515-9374

Additional details

  • Listing Terms Cash, Conventional, VALoan
  • Roof Composition, Shingle
  • Sewer Public Sewer
  • Heating Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking Driveway, Off Street
  • Elementary School Whitman
  • Middle School Brentwood
  • High School Cleveland
  • Community Features Commons

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