Fourplex opportunity in Sullivan's Gulch. Great unit mix in a quiet location. Well cared for property with room to grow rents. Amazing hardwoods in two of the units (always under rugs). Heater rated gas fireplace in 2 units, furnace rated stove in upper unit. Shared laundry room. Bill back for utilities not reflected in rents. Seller may perform 1031 exchange at no cost to buyer. Make offer subject to interior inspections.
Off market
$926,100
1228 NE 26th Ave, Portland, OR 97232
5beds
3,140sqft
MultiFamily
Built in 1906
-- sqft lot
$926,100 Zestimate®
$295/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Dishwasher, Refrigerator
Features
- Fireplace, Dishwasher, Refrigerator, Hardwood Floors, Range
- Flooring: Hardwood
- Basement: Finished, Partial
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,140 sqft
Property
Lot
- Features: Corner Lot, Private
Details
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1906
- Major remodel year: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- Basement: Finished, Partial
- HeatingYN: true
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, Contract, Cash
- Roof: Composition
- LotFeatures: Corner Lot, Private
- StoriesTotal: 3
- NumberOfUnitsInCommunity: 4
- Utilities: Water Available, Sewer Available, Trash Collection
- YearBuiltEffective: 1906
- Zoning: R2.5
- AssociationAmenities: Laundry
- InteriorFeatures: Fireplace, Dishwasher, Refrigerator, Hardwood Floors, Range
- CommunityFeatures: Laundry
- CapRate: 5.61
- GrossIncome: 64320
- YearBuiltDetails: Approximately
- GrossScheduledIncome: 67080
- OperatingExpense: 16636
- MlsStatus: Pending
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$926,100