Investor Opportunity: Cash Flow in Concordia!

4531 NE 26th Ave. Portland, OR 97211


About This Property: $650,000

Large single-family home configured with 9 rentable rooms: 5 beds on main level, 2 with private half baths, 2 with shared jack & jill bath; plus a full accessible bath. The common spaces include a shared kitchen, dining, and living room. Upstairs, there are 4 bedrooms, 2 shared bathrooms, laundry and another kitchen, dining and living area. Originally built as an Adult Foster Care, it is now used as a single room occupancy rental. Nearly fully occupied with tenants on month-to-month leases. Strong income potential and flexible use—Convert back to licensed Adult Foster Care, or adapt for sober living, or communal housing. Prime location near shopping and transit. Sold as-is, seller to do no repairs. 

No Sign or lockbox, showing arranged after mutually accepted offer.
Do not disturb tenants.
Contact listing agent for floor plan and additional photos.

The Details:

  • 8 Bedrooms
  • 3 Full Bathrooms
  • 3 Half Bathrooms
  • HES: 3
  • 3,228 SqFt.
  • RMLS: #649693663

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