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About the Listing ELRE01 - APAANTHO,GEIGERG
Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you’re an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.
Listing Highlights for 10406 NE Fargo St
Status
Active
Days on Site
57
Property Type
Multi-Family
MLS ®
282202472
Year Built
1997
Total Square Footage
4,056
Lot/Acreage
0.19
County
Multnomah
Neighborhood
Parkrose/Gateway
Elementary School
Sacramento
Middle School
Parkrose
High School
Parkrose
Interior Details
- Bedrooms: 9
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gentle Sloping,Private,Trees
- Garage Capacity: 2 car
- Zoning: LR7
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $10,725
- Taxes w/Assessments: N/A
- Tax/Property ID: R319030
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
10406 NE Fargo St Portland, OR 97220
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