4724 NE 101st Ave, Portland, OR 97220

Portland
Local realty services provided by:Knipe Realty ERA Powered
4724 NE 101st Ave,Portland, OR 97220
$875,000
  • - Beds
  • - Baths
  • 4,320 sq. ft.
  • Multi-family
  • Active
Listed by: scott osmon, eric squires
Office: all professionals real estate503-259-2100
MLS#:24068858
Source:PORTLAND

Price summary

  • Price:$875,000
  • Price per sq. ft.:$202.55

About this home

**Investor Opportunity | Fully Occupied 4-Plex | Strong Cash Flow | Turnkey Asset**Expand your investment portfolio with this **fully leased, professionally maintained 4-plex** in the desirable Parkrose neighborhood of Northeast Portland. Built in **2005** and substantially updated in **2014**, this low-maintenance asset offers the combination every investor is looking for—**stable rental income, modern construction, and long-term appreciation potential.** Each of the four spacious units features **2 bedrooms, 2 full bathrooms, approximately 900 square feet**, open-concept living, washer/dryer hookups, dedicated storage, and private outdoor space. Lower units enjoy **fenced backyards**, while upper units offer **both front and rear balconies**, creating strong tenant appeal and supporting long-term occupancy. Currently generating **$73,920 in annual gross income** with an estimated **$52,920 net operating income**, this investment offers immediate cash flow with additional upside as...

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Home facts

  • Year built:2005
  • Subdivision & Development:PARKROSE
  • Listing ID #:24068858
  • Added:586 day(s) ago
  • Updated:August 12, 2026 at 01:37 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:4,320 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2005
  • Building area:4,320 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Parkrose
  • Middle school:Parkrose
  • Elementary school:Prescott

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$202.55
  • Tax amount:$10,376 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

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