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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 on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath unit and four one-bedroom, one-bath units. All tenants are on month-to-month leases, with approximately 80% in place for two or more years. The property includes an on-site shared laundry room. Projected 2026 gross income is $62,040, with real estate taxes of $7,246. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing asset with stable tenancy in Northeast Portland.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
343352474
Year Built
1958
Total Square Footage
2,952
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
- Zoning: RM1
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Driveway,Open
Financial Details
- Tax Amount: $7,246
- Taxes w/Assessments: N/A
- Tax/Property ID: R300326
- Tax Year: N/A
Payment Calculator
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Questions About..
8120 NE Failing St Portland, OR 97213
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