CONTRACT TERMS! 5% INTEREST, 30% DOWN, 30 YEAR AMORTIZATION WITH A 5 YEAR BALLOON. Exceptional investment opportunity featuring six well-maintained units configured as three duplexes on a single tax lot. This property offers an attractive combination of stable cash flow, future upside, and favorable seller financing. Each unit features sought-after amenities including washer/dryer hookups, fireplaces, and private patios, providing comfort and convenience that appeal to long-term tenants. The property also offers ample off-street parking, a valuable amenity in today's rental market. Close to MAX Light Rail, buslines and shopping. Located in the vibrant Lents neighborhood, "an up-and-coming area & one of the new hotspots in Portland" according to PortlandNeighborhood.com. Lents is widely recognized for its ongoing growth, revitalization, and increasing popularity, this property is well-positioned to benefit from continued demand. With potential for rent increases, investors have the opportunity to enhance returns over time. Adding to the appeal, the Seller is willing to offer contract terms with below-market interest rates, creating an outstanding financing opportunity that can improve cash flow and reduce borrowing costs compared to conventional financing. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare chance to acquire a quality multifamily asset with strong income potential, attractive financing, and long-term upside.
31 days
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278
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Zillow last checked:
Listing updated:
Listed by:
Marc Rogers503-703-0964,
Township Properties Real Estate LLC,
Kathy Rogers503-704-9173,
Township Properties Real Estate LLC
Source: RMLS (OR),MLS#: 593286951
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6
Heating
Baseboard, Fireplace(s)
Cooling
None
Appliances
Included: Dishwasher, Washer/Dryer, Electric Water Heater
Laundry: Washer Dryer Hookup
Features
Basement: Crawl Space
Interior area
Total structure area: 5,148
Total interior livable area: 5,148 sqft
Property
Parking
Total spaces: 10
Parking features: Off Street, Paved
Features
Stories: 1
Lot
Size: 0.35 Acres
Dimensions: 137.5 x 110.6
Features: Level, SqFt 15000 to 19999
Details
Parcel number: R115550
Zoning: R1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Panel, T111 Siding
Foundation: Concrete Perimeter
Roof: Composition
Condition
Existing
Year built: 1973
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected
Community & HOA
Community
Features: All Landscaping
Subdivision: Lents
HOA
Has HOA: No
Location
Region: Portland
Financial & listing details
Price per square foot: $135/sqft
Annual tax amount: $14,396
Date on market: 7/22/2026
Cumulative days on market: 31 days
Listing terms: Cash,Contract,Conventional,Owner Will Carry