$1,100,000

2933 Ne EVERETT St, Portland, OR 97232

3,288 sqft

Multi-Family Home
Built in 1971
10,019sqft lot
2 car garage
$335/sqft
Listed 3 days ago

Property Description

Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. The property is close to Whole Foods, coffee houses, restaurants, shops, and bus lines. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.One duplex has two individual garages & the other duplex has a double carport, which was recently completely rebuilt. Plus, there is additional off-street parking for all units.With reliable renters & a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 6.45% cap rate & 10.68 GRM, this property provides steady cash flow from day one. With current market rents, investors can expect consistent returns & long-term value growth.

Listing Status:: Active
Date Added:: April 15, 2026
Data Last Updated:: April 18, 2026 at 7:43AM
Listing Office:: Township Properties Real Estate LLC : 503-704-9173
Listing Agent:: Marc Rogers : 503-703-0964
MLS ID:: 174428626

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

General: Wood siding
Parking: CarportGarageParking spaces: 4

Roofing: Composition
General: Concrete perimeter

Road/Access: Paved
Golf: All landscaping
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: R5HAWTHORNES 1ST ADDBLOCK 10LOT 9R177593
View: View

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Marc Rogers , Township Properties Real Estate LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Buckman Elementary School

320 SE 16th Ave, Portland, OR, 97214

Grades KG-5

0.75 miles away

Da Vinci Middle School

2508 NE Everett St, Portland, OR, 97232

Grades 6-8

0.25 miles away

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

1.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.