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Listed by John L. Scott Portland Metro, Dan McGraw. 503-805-3821

MLS Source logo

2431 SE 141ST AVEPortland, OR 97233

Active
$850,000
4,516 Square Feet

Excellent Investment Opportunity – Well-Maintained Custom-Built 4-PlexWhether you're looking to expand your investment portfolio or purchase your first income-producing property, this custom-built 4-plex offers a rare opportunity. Live in one unit while generating rental income from the others, or lease all four units for maximum cash flow. Meticulously maintained throughout, the property features spacious floor plans with abundant natural light, functional layouts, and private outdoor patio spaces. Each unit is separately metered for electricity, simplifying utility management. Unit Details: Unit #1: 672 sf one-bedroom apartment is located above the three-car garage on the east side of the property. Maintenance in 2022 includes fresh paint, new carpet, appliances replaced as needed Unit #2: 2,275 sf townhouse featuring a private enclosed patio, a main-level half bath, and three bedrooms with one full and one-half bath upstairs. Currently vacant and available for showings. Maintenance in 2024 included Fresh interior paint, new carpet, new vinyl kitchen floorUnit #3: 1,074 sf townhouse with a private enclosed patio, two bedrooms, and one and one-half bathrooms. Maintenance in 2023 included new refrigerator, 2025 included new carpet and fresh paint. Unit #4: 1,660 sf ground-level unit built to 1998 ADA standards, offering a private enclosed patio, three bedrooms, and two bathrooms. Maintenance in 2025 included new dishwasher and refrigerator. All tenants are currently on month-to-month leases, providing flexibility for the next owner. Interior inspections of three occupied units will be available upon an accepted offer.This is an outstanding opportunity for investors seeking dependable rental income with future upside potential. Located near convenient public transportation, the property offers strong tenant appeal in a desirable location. Please do not walk the property or disturb the tenants. Unit #2 is vacant and ready to show by SA attended appointment.


FACTS & FEATURES

  • Property Type:
    MultiFamily
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    4,516 Square Feet
  • Lot Size:
    0.22 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1998
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 3
    Features: Assigned, Garage
  • Area:
    _143
  • Views:
  • Schools:
    High School(s): David Douglas
    Middle School(s): Ron Russell
    Elementary School(s): Lincoln Park
  • HOA:
  • Senior Community:
  • Heating:
    ForcedAir,WallHeater
  • Cooling:
    WallUnit
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    SecurityLights
  • Foundation:
    ConcretePerimeter
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: John L. Scott Portland Metro. Listing Agent: Dan McGraw. Listing ID: 680828430

Last Updated July 14, 2026 12:20 AM
Data last checked against RMLS on July 14, 2026 1:01 AM

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Harcourts are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. All information is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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