8320 N PRINCETON ST, Portland, OR 97203
- $1,095,000
- 4,324
- SqFt
- List Price
- $1,095,000
- Price Change
- ▼ $105,000 1776833732
- Days on Market
- 130
- MLS#
- 607818350
- Property Type
- Multifamily
- Sqft. of Residence
- 4,324
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland North
- Status
- ACTIVE
Property Description
Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property combines strong rental demand with long-term growth potential. All four units are currently occupied, providing immediate cash flow. Each spacious, thoughtfully designed apartment features 2 bedrooms and 1 bathroom, its own private entrance, and abundant natural light. Interiors include laminate hardwood-style flooring, maple cabinetry, stainless steel appliances, in-unit washer and dryer, living room ceiling fan, and efficient PTAC heating and cooling systems. The property also offers practical amenities that enhance tenant satisfaction, including a covered, lockable trash and recycling storage area, a secure private entryway for the two upper-level units, an installed alarm monitoring system and an outdoor bike rack for tenant use. Situated just minutes from Downtown Portland and close to shopping, parks, amenities, and public transportation, this fourplex represents an ideal turnkey investment for both seasoned and first-time multifamily investors. Property is professionally managed by a quality local property management company. One unit can be shown by appointment other units would be shown after an accepted offer.
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Additional Information
- Tax Amount
- $16,454
- Year Built
- 2014
- High School
- Roosevelt
- Elementary School
- James John
- Middle School
- George
- Acres
- 0.12
- Living Area
- 4,324
- Stories
- 2
- Terms
- Cash, Conventional
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity
- Heating Description
- Forced Air
- Hoa Rent Includes
- Electricity, Heat, Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- On Street
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1800
- Unit Type One Sq Ft
- 973
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1995
- Unit Type Three Sq Ft
- 1015
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 2050
- Unit Type Four Sq Ft
- 1015
- Unit Type Four Units Total
- 1
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Listing courtesy of 24/7 Properties.
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