8120 NE FAILING ST Portland, OR 97213
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Price:
$0
Units:
5
Acres:
0.12
Unit 1:
1 Bed 1.0 Bath $1,055/mo
Unit 2:
2 Bed 1.0 Bath $1,295/mo
Unit 3:
1 Bed 1.0 Bath $960/mo
Unit 4:
1 Bed 1.0 Bath $995/mo
Unit 5:
1 Bed 1.0 Bath $865/mo
MLS#:
343352474
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
RM1
Yr Built:
1958
Taxe/yr:
$7,246.30
County:
Multnomah
Status:
Active
Levels:
1
Heat:
Forced Air
Nhood/Bldg:
ROSEWAY
View:
City, Territorial
Elem:
Jason Lee
Middle:
Roseway Heights
High:
Leodis McDaniel
Lot Desc:
Level, Public Road
Area:
Portland Northeast
Courtesy of:
Realty Marketing / Northwest
Remarks:
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath unit and four one-bedroom, one-bath units. All tenants are on month-to-month leases, with approximately 80% in place for two or more years. The property includes an on-site shared laundry room. Projected 2026 gross income is $62,040, with real estate taxes of $7,246. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing asset with stable tenancy in Northeast Portland.
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