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About the Listing RMNW01 - JROSENTH
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located at the corner of NE Failing and NE 81st, this fully leased fiveplex was extensively remodeled in 2019 following a fire. The property includes four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Projected 2026 gross income is $72,540, with real estate taxes of $7,724. The landlord covers water, sewer, trash, and landscaping. All tenants are on month-to-month leases with tenures ranging from three to four years.This property offers a well-maintained, income-producing asset with stable occupancy in a convenient Northeast Portland location.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
418505305
Year Built
1959
Total Square Footage
2,976
Lot/Acreage
0.12
County
Multnomah
Neighborhood
Roseway
Elementary School
Jason Lee
Middle School
Roseway Heights
High School
Leodis McDaniel
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Public Road
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $7,724
- Taxes w/Assessments: N/A
- Tax/Property ID: R300320
- Tax Year: N/A
Payment Calculator
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Questions About..
8107 NE Failing St Portland, OR 97213
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