1064 SE Franklin St

Portland, OR 97202
  • $1,699,900

    Price
  • 10

    Bed
  • 12

    Bath
  • 3,934

    SqFt

About the Listing KWPP01 - BODLEDAR,CHRISTKV

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.

Listing Highlights for 1064 SE Franklin St

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 428478555
Year Built 2025
Total Square Footage 3,934
Lot/Acreage 0.1
County Multnomah
Neighborhood Brooklyn
Elementary School Grout
Middle School Hosford
High School Cleveland

Interior Details

  • Bedrooms: 10
  • Bathrooms: 12 Full
  • Appliances:
  • Air Cond: MiniSplit
  • Heating: Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: R2.5
  • Roof: Composition
  • Others: New Construction
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: New Construction
  • Tax Year: N/A

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Questions About..

1064 SE Franklin St Portland, OR 97202

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Originating MLS: Regional Multiple Listing Service, Inc.

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