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8323 8329 N Dwight Ave, Portland, OR 97203

$859,000
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Property Description

PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

8323 8329 N Dwight Ave | MLS# 390757578

This multi-family property located at 8323 8329 N Dwight Ave, Portland, OR 97203 is currently listed for sale with an asking price of $859,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: None
Fuel Type: Gas
Heating: Forced Air
Roof Type: Composition
Stories: 1.0
Taxes: $7,513
Year Built: 1955
Square Feet: 3,185

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1395.00
Square Footage: 750
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1500.00
Square Footage: 935
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1425.00
Square Footage: 750
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1375.00
Square Footage: 800
Total Units: 1

Feature Descriptions

Days on Site: 96
Exterior: Wood Siding
Gross Income: $68340.00 (Actual)
Hot Water: Gas
Lot: Public Road
Net Income: $42648.00 (Actual)
Operating Expenses: $25692.00 (Actual)
Parking: Assigned
Parking Notes: Assigned
Sewer: Public Sewer
Storage: None
Units: 4
Water: Public Water

Local Schools

High School: Roosevelt
Middle School: Astor
Elementary School: Rosa Parks

Listed By / Shown By

Listed By

Agency Name: Keller Williams Sunset Corridor
Agency Phone: 503-270-5700

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,220.20 per month $4,343.57 Principal & Interest $626.08 Property Tax $250.54 Homeowner's Insurance

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