11829 SE Gladstone St, Portland, OR 97266

Fanny/Freddy now allow 5% down payment owner occupied conventional loans! Live in one unit, rent the rest and cover all or most of mortgage. What a unique desirable cash cow to add to your portfolio! High demand and low turn over, you could always have tenants in there! Located in the up and coming Powellhurst neighborhood, this fully occupied four-flex has a 1981 duplex with a newer roof, and a newer construction 2019 stacked duplex built behind. Opportunity for owner occupied loan with lower down and lower interest, ask your agent, loan advisor or the listing broker for more info. All units month to month with solid tenants, with the chance to increase rents. The 2019 units are both spacious and nicely updated 3 bed 2 bth, 1100 sq ft each, with strong opportunities for rent growth. The 81' duplex units are each 806 sq ft 2 bd /1 bth with their own backyards, and also show robust growth potential. Each unit is assigned a parking spot. This is a fine example of a Swiss army knife of investment potential and you can use the units for long term rentals, owner occupied, multi generational living, or look into the short term rental to fit your investment strategy. 2023-11-27