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Listed by Pellego, LLC, Sherine Bolos. 425-239-5865

MLS Source logo

12140 SE BUSH STPortland, OR 97266

Active
$989,900
0 Square Feet

Discover an income-producing 5-unit property located in an established Portland neighborhood. Each thoughtfully designed unit features a highly functional layout with 2 to 3 bedrooms and 1.5 bathrooms, ideal for attracting and retaining long-term tenants. Interiors include laminate flooring on the main level, carpeted upper floors, convenient powder rooms, and well-appointed kitchens with modern appliances. Bedrooms are located upstairs and share a Jack-and-Jill bathroom, while charming front entries and private back patios enhance appeal. This property is built for ease of management, offering six electrical meters, a covered trash and recycling area, and simple, low-maintenance landscaping. A compelling value-add opportunity, current rents are estimated to be approximately 18% below market rates, providing immediate upside potential and increased cash flow. Investors may also consider an owner-occupant strategy by living in one unit while leasing the others to offset mortgage expenses. This property benefits from strong rental demand and convenient access to local amenities, transportation, and major corridors.


FACTS & FEATURES

  • Property Type:
    MultiFamily
  • Architectural Style:
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  • Lot Size:
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  • Stories:
    2
  • Year Built:
    2016
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    _143
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  • Schools:
    High School(s): David Douglas
    Middle School(s): Ron Russell
    Elementary School(s): W Powellhurst
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    WallFurnace
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    SecurityLights, Sidewalk
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    Composition

LOCATION


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Listing Office: Pellego, LLC. Listing Agent: Sherine Bolos. Listing ID: 202498781

Last Updated June 22, 2026 12:12 AM
Data last checked against RMLS on June 22, 2026 12:53 AM

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Harcourts are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. All information is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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