12140 SE Bush St, Portland, OR 97266
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
12140 SE Bush St,Portland, OR 97266
$989,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sherine bolos
Office: pellego, llc.503-300-5503
MLS#:202498781
Source:PORTLAND
Price summary
- Price:$989,900
About this home
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....
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Home facts
- Year built:2016
- Listing ID #:202498781
- Added:62 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:2016
- Lot Features:Level
- Levels:2 Stories
Schools
- High school:David Douglas
- Middle school:Ron Russell
- Elementary school:W Powellhurst
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$989,900
- Tax amount:$8,531 (2025)
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