Incredible investment opportunity in the heart of SE Portland’s vibrant Lents neighborhood! This multi-family property features a charming 2-bedroom Craftsman home built in 1912, showcasing original character with arched doorways, built-ins, and hardwood floors. Tucked behind it sits a modern duplex built in 2020—each side offering 2 bedrooms, 1.5 bathrooms, and private off-street parking. House and duplex come with an assumable 5.125% loan and City-approved building plans for a total of 7 units. Whether you’re looking for strong rental income, multi-generational living, or an owner-occupy opportunity with passive income potential, this property checks all the boxes. Minutes to parks, shops, and transit. Buyer to do their own due diligence. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243201]
353 days
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164
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8
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Zillow last checked:
Listing updated:
Listed by:
Bradley Harper503-332-2722,
ELEETE Real Estate
Source: RMLS (OR),MLS#: 534855165
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Full bathrooms: 3
Partial bathrooms: 2
Heating
Mini Split, Wall Furnace
Cooling
Air Conditioning
Appliances
Included: Range, Refrigerator, Washer/Dryer, Dishwasher, Electric Water Heater
Features
Flooring: Hardwood
Basement: None
Interior area
Total structure area: 3,238
Total interior livable area: 3,238 sqft
Property
Parking
Total spaces: 3
Parking features: Assigned, Off Street
Features
Stories: 2
Lot
Size: 8,276 Square Feet
Features: Level, SqFt 7000 to 9999
Details
Parcel number: R125343, R125342
Zoning: R2.5
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Cement Siding, Vinyl Siding, Insulation and Ceiling Insulation
Foundation: Concrete Perimeter, Slab
Roof: Composition
Condition
Approximately
Year built: 2020
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Other Internet Service
Community & HOA
Community
Subdivision: Lents Area
Location
Region: Portland
Financial & listing details
Price per square foot: $276/sqft
Tax assessed value: $574,520
Annual tax amount: $7,802
Date on market: 9/2/2025
Listing terms: Assumable,Call Listing Agent,Cash,Conventional,Owner Will Carry