2106 SE MAIN St
Property Description
A rare opportunity to own the historic Nettie Krouse Fourplex in the heart of Buckman-offering the character of a 1910 Portland property with many of the major building systems already updated. Significant improvements include a new roof and gutters in 2022, copper plumbing, updated electrical, restored original windows, eco-friendly attic insulation and a restored detached 2-car garage, allowing the next owner to enjoy a vintage investment property with substantial capital improvements already completed.Individually listed on the National Register of Historic Places, the fourplex features two expansive 2-bedroom residences with additional upper-level bonus space and two spacious 1-bedroom residences. Original hardwood floors, historic windows and period architectural details preserve the craftsmanship and charm of the building, while generous basement areas provide excellent additional storage.Current rents total $8,800/month-$2,500 each for the larger units and $1,900 each for the smaller units-providing $105,600 in annual scheduled gross income. Situated on a beautifully landscaped 7,000 SF lot with outdoor spaces and a detached garage, all on a quiet, tree-lined street just blocks from Hawthorne. An exceptional opportunity to acquire a well-cared-for, income-producing piece of Portland history in one of the city's most desirable close-in neighborhoods.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,474,950 |
| No. of Units: | 4 |
| Year Built: | 1910 |
| Lot Size: | 5,148.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $368,738 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-RMLSOR-190894084
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