2634 NE Broadway St, Portland, OR 97232

$1,099,000

Beds

Baths

0.09 ac

Property Size

1925

Year Built

About The Property

Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan’s Gulch and Grant Park, this versatile 5-plex presents an exceptional opportunity for both investors and owner-occupants. Four units are currently rented below market value, offering significant upside potential. Each spacious unit includes large bedrooms, generous living areas, and in-unit washer and dryer. A brand-new roof provides peace of mind and long-term value. The property also includes a detached 3-bay garage, offering potential for development or additional income opportunities. Please do not disturb tenants. All units are occupied. Offers are contingent upon interior inspection.

ARCHITECTURE

Stories: 3
Condition: Existing
Year Built: 1925
Roof Type: Flat
Foundation Details: Concrete Perimeter, Slab

INTERIOR FEATURES

Heating Type: Zoned
Fuel Type: Electricity, Gas
Interior SqFt: 5420

EXTERIOR FEATURES

Lot Features: Corner Lot
Lot size (Acres): 0.09
Zoning: CM2
Garage Spaces: 3
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Irvington
High School: Jefferson
Middle: Harriet Tubman

TAX & FINANCIAL

Annual Tax: $16757.28
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Crestview Realty, LLC
Days On Market: 87

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 791209

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Erik Leland