2933 NE EVERETT ST, Portland, OR 97232
- $1,100,000
- 3,288
- SqFt
- Sold Price
- $1,100,000
- List Price
- $1,100,000
- Closing Date
- Jun 26, 2026
- Days on Market
- 72
- MLS#
- 174428626
- Property Type
- Multifamily
- Sqft. of Residence
- 3,288
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Northeast
- Status
- SOLD
Property Description
Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.
Additional Information
- Tax Amount
- $6,756
- Year Built
- 1971
- High School
- Cleveland
- Elementary School
- Buckman
- Middle School
- Hosford
- Garage Spaces
- 2
- Acres
- 0.23
- Living Area
- 3,288
- Stories
- 1
- Subdivision
- KERNS
- Lot Size Dimension
- 100 x 200
- Terms
- Cash, Conventional
- Cooling Description
- Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Carport, Garage
- Parking Description
- Carport, Garage
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 2235
- Unit Type One Sq Ft
- 864
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 2195
- Unit Type Three Sq Ft
- 780
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 2080
- Unit Type Four Sq Ft
- 780
- Unit Type Four Units Total
- 1
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Listing courtesy of Township Properties Real Estate LLC. Selling Office: RealEstatePDX.com.
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