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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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8320 N Princeton St , Portland, OR 97203
$1,095,000
Est. Payment: $5,505.84/mo
8 Bed
4 Bath
4324 Sqft
Status: active | Days on site: 125
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Jeff Edmondson , 503-780-3030 24/7 Properties , 503-482-0500. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

2014

County

Multnomah

Area

141 - Portland North

Listing ID

607818350

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Wall Unit(s)
Fireplaces:
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Level,Public Road
Garage Capacity:0
Zoning:RM2
Roof:Composition
Others:Approximately
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$5,506
Taxes
$1,371

Home Price

$1,095,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$219,000
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:
$5,505.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,505.84 $1,371.20 $0.00 $6,877.04
Yearly $66,070.12 $16,454.42 $0.00 $82,524.54
Total $1,982,103.51 $493,632.60 $0.00 $2,475,736.11

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.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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