Oregon
Portland
10406 Ne FARGO St

$750,000

10406 Ne FARGO St, Portland, OR 97220

4,056 sqft

Multi-Family Home
Built in 1997
8,276sqft lot
2 car garage
$185/sqft
Listed 7 days ago

Property Description

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.

Listing Status:: Active
Date Added:: July 11, 2025 at 05:00AM
Listing Office:: ELEETE Real Estate : 503-292-1500
Listing Agent:: Tony Apa : 503-806-9773
MLS ID:: 282202472

Basement: Finished
Heating: Forced air

This listing courtesy of Tony Apa, ELEETE Real Estate

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Sacramento Elementary School

11400 NE Sacramento St, Portland, OR, 97220

Grades PK-5

0.69 miles away

Parkrose Middle School

11800 NE Shaver St, Portland, OR, 97220

Grades 6-8

0.80 miles away

Parkrose High School

12003 NE Shaver St, Portland, OR, 97220

Grades 9-12

0.92 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.