10406 NE FARGO ST Portland, OR 97220
Price:
$750,000
Units:
9
Acres:
0.19
Unit 1:
1.0 Bath $1,100/mo
Features: Dishwasher, Hardwood Floors, Range, Refrigerator
Unit 2:
1.0 Bath $1,005/mo
Features: Range, Refrigerator, Window Coverings, Wood Floors
Unit 3:
1.0 Bath $1,005/mo
Features: Range, Refrigerator, Window Coverings, Wood Floors
Unit 4:
1 Bed 2.0 Bath $705/mo
Features: Microwave, Range, Washer/Dryer, Window Coverings
Unit 5:
1 Bed 2.0 Bath $640/mo
Features: Microwave, Range, Refrigerator, Washer/Dryer
Unit 6:
1 Bed 2.0 Bath $640/mo
Features: Microwave, Range, Refrigerator, Washer/Dryer
Unit 7:
1 Bed 2.0 Bath $740/mo
Features: Microwave, Range, Refrigerator, Washer/Dryer
Unit 8:
1 Bed 2.0 Bath $740/mo
Features: Microwave, Range, Refrigerator, Washer/Dryer
Unit 9:
1 Bed 2.0 Bath $740/mo
Features: Microwave, Range, Refrigerator, Washer/Dryer
MLS#:
282202472
Lot Size:
7,000 to 9,999 SqFt
Type:
Multi
Zone:
LR7
Yr Built:
1997
Taxe/yr:
$10,724.62
County:
Multnomah
Status:
Active
Levels:
3
Heat:
Forced Air
Nhood/Bldg:
Parkrose/Gateway
View:
Mountain(s), Trees/Woods
Elem:
Sacramento
Middle:
Parkrose
High:
Parkrose
Lot Desc:
Gentle Sloping, Private, Trees
Area:
Portland Northeast
Courtesy of:
ELEETE Real Estate
Remarks:
Rare and versatile investment opportunity with significant income potential! This fully permitted property includes 3 private studio apartments—each with its own kitchen and bath—as well as 6 additional efficiency studios that share two full kitchens and two full bathrooms. Currently, several units are vacant and rent-ready, offering immediate upside for a buyer to bring in new tenants at market rates. The upstairs studio is beautifully remodeled and available for immediate move-in! Whether you’re an investor looking to maximize cash flow or a homeowner seeking to offset your mortgage by living on-site and renting the rest, this property is a true cash cow. Ideal for use as a group home, co-living space, or long-term rental model. You can place your own tenants, customize lease terms, or hire a property manager to handle everything. Opportunities like this—fully permitted, income-producing, and full of possibility—are rare.

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


Back to listings