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About the Listing NRSO01 - DOTYTROY
Turn-key 8-plex investment opportunity in SE Portland, offering the ideal blend of strong current performance, tenant-friendly design, and future upside. 6.55% CAP Rate. Built in 2006, this well-maintained multi-family asset consists of 4 separate buildings with 8 townhouse-style units, a highly desirable layout that consistently attracts long-term tenants. Each spacious unit features 3 bedrooms, 2.5 bathrooms, 1,528 square feet, plus an attached garage, a premium feature that supports stronger rents and tenant retention. Designed for today’s rental demand, the floor plan is optimized for dual roommate or multigenerational living, with a private bedroom and full bath on the garage level offering both interior and exterior access, ideal for privacy, guest space, or shared living arrangements. The main living spaces are bright and functional, and every unit includes a spacious low-maintenance composite deck, giving tenants valuable outdoor living space without added upkeep concerns. The property offers ample parking with 20 off-street spaces in addition to the attached garages, a rare and valuable amenity in this close-in SE Portland location. Each residence also includes its own washer and dryer, further enhancing convenience and long-term tenant appeal. Currently 100% occupied and professionally managed, this is a true stabilized, income-producing asset with immediate cash flow from day one. In addition to its strong occupancy history, there remains clear room for income growth through moderate rent increases, making this an excellent opportunity for both seasoned and first-time multifamily investors seeking yield and appreciation potential. Ideally situated in a high-convenience SE Portland location near major bus lines, shopping, and everyday services, the property checks the boxes for accessibility, lifestyle, and consistent rental demand. A rare opportunity to acquire a modern, low-maintenance multifamily investment with strong unit design, premium amenities.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
534869674
Year Built
2006
Total Square Footage
12,224
Lot/Acreage
0.47
County
Multnomah
Neighborhood
Powellhurst - Gilbert
Elementary School
Clark
Middle School
Harrison Park
High School
Leodis McDaniel
Interior Details
- Bedrooms: 24
- Bathrooms: 24 Full
- Appliances:
- Air Cond:
- Heating: WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: 8 car
- Parking Spaces: 20
- Zoning: RM1
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $32,728
- Taxes w/Assessments: N/A
- Tax/Property ID: R116844
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
8423 SE Brooklyn St Portland, OR 97266
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