Portland, OR 97220,10406 NE FARGO ST
Portland, OR 97220,10406 NE FARGO ST
Portland, OR 97220,10406 NE FARGO ST
Portland, OR 97220,10406 NE FARGO ST
Portland, OR 97220,10406 NE FARGO ST
Portland, OR 97220,10406 NE FARGO ST
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Listed by ELEETE Real Estate
$ 750,000
Est. payment | /mo

4,056 SqFt


Save
$ 750,000
Est. payment | /mo
Save

4,056 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,056 sqft

Price per Sqft $184

Subdivision Parkrose/Gateway

MLS Listing ID 282202472

Year Built 1997

Annual Tax Amount $10,724

Tax Year 2024

Lot Size 8,276 Sqft

Property Description

Please call co-broker Grace at 503.349.6523 for more details. PLEASE DO NOT DISTURB TENANTS.Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you're an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.

Location

State OR

County Multnomah

Community Frontyardlandscaping, Laundry

Area _142

Zoning LR7

Rooms

Basement Finished

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Community Features FrontYardLandscaping, Laundry

View Mountain, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Gentle Sloping, Private, Trees

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Sacramento

Middle Schools Parkrose

High Schools Parkrose

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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