10406 NE FARGO ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97220
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,056 sqft
Price per Sqft $184
Subdivision Parkrose/Gateway
MLS Listing ID 282202472
Year Built 1997
Annual Tax Amount $10,724
Tax Year 2024
Lot Size 8,276 Sqft
Property Description
PLEASE DO NOT DISTURB TENANTS.Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you're an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.
Location
State OR
County Multnomah
Community Frontyardlandscaping,Laundry
Area _142
Zoning LR7
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Community Features FrontYardLandscaping,Laundry
View Mountain, Trees Woods
Roof Type Composition
Building
Lot Description Gentle Sloping, Private, Trees
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Sacramento
Middle Schools Parkrose
High Schools Parkrose
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional