-1 Se 127TH Pl, Portland, OR 97236

• 1,346 sqft

Property Description

Exceptional investment opportunity in Portland’s Powellhurst-Gilbert neighborhood offering an estimated 6% cap rate and strong rental potential. This fully remodeled duplex has been extensively updated, making it a low-maintenance, income-producing property from day one. Major system upgrades include new 200-amp electrical service and panels, a new roof, gutters, exterior paint, and double-pane windows. Both units have been thoughtfully renovated with new flooring, fresh interior paint, new water heaters, updated interior water supply and waste lines, and remodeled kitchens and bathrooms featuring new cabinetry, countertops, and modern electrical and plumbing fixtures. Each unit offers comfortable, move-in-ready living along with dedicated storage, laundry hook-up, off-street parking for multiple vehicles, and a nicely sized backyard ready for your finishing touches. Ideal for investors or owner-occupants — rent both units for consistent cash flow or live in one unit while renting the other to help offset your mortgage. Don’t miss this turn-key opportunity in Southeast Portland, where demand for duplex housing continues to grow. All rents and financial information are estimates - buyer to verify.

Listing Status:

Active

Date Added:

March 13, 2026

Data Last Updated:

April 6, 2026 at 7:44AM

Listing Office:

Rarebird Real Estate : 503-451-0545

Listing Agent:

Brian Eustis : 503-490-4001

MLS ID:

770612929

Interior

• Basement: Crawl space
• A/C: None
• Heating: Wall heater
• Eco/Green Feature: Geothermal

Exterior

• General: Shake sidingWood siding
• Parking: Off streetParking spaces: 4

Construction

• Roofing: CompositionShingle
• General: Pillar post pier

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM1SECTION 11 1S 2ETL 8400 0.26 ACRESR334308

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.