1064 Se Franklin St, Portland, OR 97202

• 3,934 sqft

Property Description

Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland’s desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma’s Hideaway, Ava Gene’s, and Screen Door; bars and breweries including Kelly’s Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.

Listing Status:

Active

Date Added:

October 23, 2025 at 05:00AM

Listing Office:

Keller Williams Realty Portland Premiere : 503-597-2444

Listing Agent:

Darryl Bodle : 503-709-4632

MLS ID:

428478555

Interior

• Basement: Crawl space
• A/C: Mini split
• Heating: Mini split

Exterior

• General: Cement sidingLap siding
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

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

Lot

• Zoning: R2.5TBDNew Construction
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere