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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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2431 SE 141st Ave , Portland, OR 97233
$850,000
Est. Payment: $4,273.94/mo
9 Bed
8 Bath
4516 Sqft
Status: pending | Days on site: 106
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Excellent Investment Opportunity – Well-Maintained Custom-Built 4-PlexWhether you're looking to expand your investment portfolio or purchase your first income-producing property, this custom-built 4-plex offers a rare opportunity. Live in one unit while generating rental income from the others, or lease all four units for maximum cash flow. Meticulously maintained throughout, the property features spacious floor plans with abundant natural light, functional layouts, and private outdoor patio spaces. Each unit is separately metered for electricity, simplifying utility management. Unit Details: Unit #1: 672 sf one-bedroom apartment is located above the three-car garage on the east side of the property. Maintenance in 2022 includes fresh paint, new carpet, appliances replaced as needed Unit #2: 2,275 sf townhouse featuring a private enclosed patio, a main-level half bath, and three bedrooms with one full and one-half bath upstairs. Currently vacant and available for showings. Maintenance in 2024 included Fresh interior paint, new carpet, new vinyl kitchen floorUnit #3: 1,074 sf townhouse with a private enclosed patio, two bedrooms, and one and one-half bathrooms. Maintenance in 2023 included new refrigerator, 2025 included new carpet and fresh paint. Unit #4: 1,660 sf ground-level unit built to 1998 ADA standards, offering a private enclosed patio, three bedrooms, and two bathrooms. Maintenance in 2025 included new dishwasher and refrigerator. All tenants are currently on month-to-month leases, providing flexibility for the next owner. Interior inspections of three occupied units will be available upon an accepted offer.This is an outstanding opportunity for investors seeking dependable rental income with future upside potential. Located near convenient public transportation, the property offers strong tenant appeal in a desirable location. Please do not walk the property or disturb the tenants. Unit #2 is vacant and ready to show by SA attended appointment.

Highlights

Listed by Dan McGraw , 503-805-3821 John L. Scott Portland Metro , 503-665-0111. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1998

County

Multnomah

Area

143 - Portland Southeast

Neighborhood

Hazelwood

Listing ID

680828430

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Wall Unit(s)
Fireplaces:
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Level
Lot Dimensions:50' x 187'
Garage Capacity:4
Zoning:Mul
Roof:Composition
Sewer:Public Sewer
Parking Features:Assigned,Garage
Principal Interest
$4,274
Taxes
$966

Home Price

$850,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,273.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,273.94 $965.85 $0.00 $5,239.80
Yearly $51,287.31 $11,590.24 $0.00 $62,877.55
Total $1,538,619.16 $347,707.20 $0.00 $1,886,326.36

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T05:14:11.000Z

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