2940 SE BROOKLYN ST, Portland, OR 97202

  • $875,000

Overview

  • 3.0
    Car Garage
  • 2736 Sqft
    Property Size
  • 1959
    Year Built
  • MultiFamily
    Property Type
  • 787062550
    MLS#
  • 0.14 Acres
    Land Area
  • Rarebird Real Estate
    Office Name
  • Benjamin Ficker
    Agent Name

Description

Immaculately maintained triplex in a highly sought-after Southeast Portland location, offered in conjunction with the neighboring triplex. Both properties must sell and close together.Each unit lives like a home. Private garage and private basement space accessible only to that tenant, a feature that consistently drives demand and retention in this rental pool. Air conditioning in every unit. Hardwood floors throughout. Most units have been updated, and new water service lines serve each building.The setting sets this offering apart: impeccable landscaping, a beautiful central courtyard, and a peaceful, established residential block that tenants do not leave easily.Operating expenses are light for ownership. Tenants pay their own water, sewer, and gas. The landlord pays trash only.Current rents sit approximately 12% below market, delivering immediate upside to a new owner without repositioning the asset or displacing tenants. Strong in-place income, minimal deferred maintenance, and a clear path to higher NOI.An uncommon opportunity to acquire six units side by side in one of Portland’s most durable rental submarkets, with the scale advantages of a small multifamily portfolio and the tenant appeal of individual homes.Sold subject to the concurrent sale of the adjacent triplex. All offers subject to interior inspection. Please do not disturb tenants.

Details

Updated on July 31, 2026 at 12:11 am
  • MLS# 787062550
  • Price $875,000
  • Property Size 2736 Sqft
  • Land Area 0.14 Acres
  • Car Garage 3.0
  • Garage Size x x
  • Year Built 1959
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Rarebird Real Estate
  • Agent Name Benjamin Ficker
  • Office Phone 503-451-0545

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition, Shingle
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Forced Air, Wall Heater
  • County Multnomah
  • Property Type MultiFamily
  • Parking Attached, Garage
  • Elementary School Grout
  • Middle School Hosford
  • High School Cleveland

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