8120 NE FAILING ST, Portland, OR 97213
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8120 NE FAILING ST, Portland, OR 97213
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Brian Valdez

Brian Valdez

+1(503) 503-0446
Listed by Realty Marketing / Northwest
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8120 NE FAILING ST Portland, OR 97213

2,952 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,952 sqft

Subdivision Roseway

MLS Listing ID 343352474

HOA Y/N No

Year Built 1958

Annual Tax Amount $7,246

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

This fiveplex 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.Located on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath unit and four one-bedroom, one-bath units. All tenants are on month-to-month leases, with approximately 80% in place for two or more years. The property includes an on-site shared laundry room. Projected 2026 gross income is $62,040, with real estate taxes of $7,246. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing asset with stable tenancy in Northeast Portland.

Location

State OR

County Multnomah

Community Laundry

Area _142

Zoning RM1

Interior

Heating Forced Air

Exterior

Community Features Laundry

View City, Territorial

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Jason Lee

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash

Listing Terms Cash

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Regional Multiple Listing Service (RMLS)

Nearby Locations

Brian Valdez
Brian Valdez

Oregon REALTOR®, eXp Realty | License ID: 201260392

+1(503) 503-0446 | brian.valdez@exprealty.com

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8120 NE FAILING ST