USAORPortlandPowellhurst-Gilbert8423 Se Brooklyn St

8423 Se Brooklyn St, Portland, OR

House

For Sale

Listed price in listed location currency (USD).

$1,950,000

0020

MLS® 534869674

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size -

Garage Yes

Taxes $32,728

Days Active 7

Lot Size

Approx. Age 2006

MLS® Number 534869674

Property Address: 8423 Se Brooklyn St, Portland, OR, 97266-1540

Average square foot calculated using Size range provided by listing agent.

Description

Turn-key 8-plex investment opportunity in SE Portland, offering the ideal blend of strong current performance, tenant-friendly design, and future upside. 6.55% CAP Rate. Built in 2006, this well-maintained multi-family asset consists of 4 separate buildings with 8 townhouse-style units, a highly desirable layout that consistently attracts long-term tenants. Each spacious unit features 3 bedrooms, 2.5 bathrooms, 1, 528 square feet, plus an attached garage, a premium feature that supports stronger rents and tenant retention. Designed for today’s rental demand, the floor plan is optimized for dual roommate or multigenerational living, with a private bedroom and full bath on the garage level offering both interior and exterior access, ideal for privacy, guest space, or shared living arrangements. The main living spaces are bright and functional, and every unit includes a spacious low-maintenance composite deck, giving tenants valuable outdoor living space without added upkeep concerns. The property offers ample parking with 20 off-street spaces in addition to the attached garages, a rare and valuable amenity in this close-in SE Portland location. Each residence also includes its own washer and dryer, further enhancing convenience and long-term tenant appeal. Currently 100% occupied and professionally managed, this is a true stabilized, income-producing asset with immediate cash flow from day one. In addition to its strong occupancy history, there remains clear room for income growth through moderate rent increases, making this an excellent opportunity for both seasoned and first-time multifamily investors seeking yield and appreciation potential. Ideally situated in a high-convenience SE Portland location near major bus lines, shopping, and everyday services, the property checks the boxes for accessibility, lifestyle, and consistent rental demand. A rare opportunity to acquire a modern, low-maintenance multifamily investment with strong unit design, premium amenities.

MLS® Number534869674

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age2006

BasementFinished

DrivewayOff Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2026List Date

$1,950,000List Price

Commute

Commute

Starting Address

Destination Address

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