8320 N Princeton St, Portland, OR 97203
Local realty services provided by:Knipe Realty ERA Powered
Listed by: jeff edmondson
Office: 24/7 properties503-482-0500
MLS#:607818350
Source:PORTLAND
Price summary
- Price:$1,095,000
- Price per sq. ft.:$253.24
About this home
Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property combines strong rental demand with long-term growth potential. All four units are currently occupied, providing immediate cash flow. Each spacious, thoughtfully designed apartment features 2 bedrooms and 1 bathroom, its own private entrance, and abundant natural light. Interiors include laminate hardwood-style flooring, maple cabinetry, stainless steel appliances, in-unit washer and dryer, living room ceiling fan, and efficient PTAC heating and cooling systems. The property also offers practical amenities that enhance tenant satisfaction, including a covered, lockable trash and recycling storage area, a secure private entryway for the two upper-level units, an installed alarm monitoring system and an outdoor bike rack for tenant use. Situated just minutes from Downtown Portland and close to shopping, parks, amenities, and public transportation, this fourplex represents an ideal turnkey investment for both seasoned and first-time multifamily investors. Property is professionally managed by a quality local property management company. One unit can be shown by appointment other units would be shown after an accepted offer....
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Home facts
- Year built:2014
- Listing ID #:607818350
- Added:99 day(s) ago
- Updated:June 27, 2026 at 08:54 PM
Rooms and interior
- Basement Description:Crawl Space
- Living area:4,324 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2014
- Building area:4,324 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level, Public Road
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Roosevelt
- Middle school:George
- Elementary school:James John
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,095,000
- Price per sq. ft.:$253.24
- Tax amount:$16,454 (2025)
Parking
- Parking description:On street
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