13414 NW SHERRY ST, Portland, OR 97229
- $799,000
13414 NW SHERRY ST, Portland, OR 97229
- $799,000
Overview
- 2485 Sqft
- 1951
- MultiFamily
- 741838046
- 0.34 Acres
- Kevin Morris Realty
- Rachelle Kammann
Description
*Don’t Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately 5-10 additional units while retaining the existing improvements. Estimated 9–12 unit project is achievable while keeping the existing structure. (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset with outstanding future development potential.
Details
Updated on July 31, 2026 at 4:58 pm-
MLS# 741838046
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Price $799,000
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Property Size 2485 Sqft
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Land Area 0.34 Acres
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Garage Size x x
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Year Built 1951
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Property Type MultiFamily
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Property Status Active
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Office Name Kevin Morris Realty
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Agent Name Rachelle Kammann
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Office Phone 503-452-5400
Additional details
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Listing Terms Cash, Conventional, FHA, VALoan
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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 Washington
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Property Type MultiFamily
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Parking Driveway, Garage
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Elementary School Bonny Slope
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Middle School Cedar Park
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High School Sunset
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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