1. Oregon
2. Portland
3. 4984 Ne 32ND Pl

4984 Ne 32ND Pl, Portland, OR 97211

• 3,636 sqft

Property Description

Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.

Listing Status:

Active

Date Added:

May 8, 2025 at 05:00AM

Listing Office:

Windermere Realty Trust : 503-294-1101

Listing Agent:

Kate Kennedy : 503-957-2833

MLS ID:

620761114

Interior

• A/C: Mini split
• Heating: Mini split

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Kate Kennedy, Windermere Realty Trust