OR > Portland > Brooklyn
Portland, OR 97202,1064 SE Franklin ST
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Portland, OR 97202,1064 SE Franklin ST
Portland, OR 97202,1064 SE Franklin ST
Portland, OR 97202,1064 SE Franklin ST
Portland, OR 97202,1064 SE Franklin ST
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Hybrid Real Estate

Hybrid Real Estate

+1(541) 343-0322
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 1,699,900
Est. payment /mo
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Open Sat 1PM-3PM

1064 SE Franklin ST Portland, OR 97202

3,934 SqFt

Open House

Sat Nov 08, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,934 sqft

Price per Sqft $432

Subdivision Brooklyn

MLS Listing ID 428478555

Year Built 2025

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland's desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma's Hideaway, Ava Gene's, and Screen Door; bars and breweries including Kelly's Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=A9visf5VnFI

Regional Multiple Listing Service (RMLS)
Hybrid Real Estate

Hybrid Real Estate

Brokerage | License ID: 200305022

+1(541) 343-0322

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1064 SE Franklin ST