Description
This home 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.This leased two-bedroom, one-bath home is located in the Foster-Powell neighborhood on SE 73rd Avenue, just five blocks north of SE Holgate Blvd. and one block south of SE Center Street. Built in 1951, the 672± sq. ft. home features a large fenced backyard. The current tenant has occupied the property for over three years and is responsible for yard maintenance, while the landlord covers trash service. The kitchen has been remodeled and additional improvements completed within the past five years. Projected 2026 gross income is $21,480, with real estate taxes of $3,834.This property presents a solid opportunity to acquire a well-located, income-producing home with stable tenancy in Southeast Portland.
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2BEDS
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0.14ACRES
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1BATHS
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01/2 BATHS
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672SQFT
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$0$/SQFT
School Information
Description
This home 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.This leased two-bedroom, one-bath home is located in the Foster-Powell neighborhood on SE 73rd Avenue, just five blocks north of SE Holgate Blvd. and one block south of SE Center Street. Built in 1951, the 672± sq. ft. home features a large fenced backyard. The current tenant has occupied the property for over three years and is responsible for yard maintenance, while the landlord covers trash service. The kitchen has been remodeled and additional improvements completed within the past five years. Projected 2026 gross income is $21,480, with real estate taxes of $3,834.This property presents a solid opportunity to acquire a well-located, income-producing home with stable tenancy in Southeast Portland.
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