MLS #2530898 / Listing provided by NWMLS & Savi Realty.
$675,000
8107 NE Failing Street
Portland,
WA
97213
Sq Ft
Per Sq Ft
Year Built
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 at the corner of NE Failing and NE 81st, this fully leased fiveplex was extensively remodeled in 2019 following a fire. The property includes four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Projected 2026 gross income is $72,540, with real estate taxes of $7,724. The landlord covers water, sewer, trash, and landscaping. All tenants are on month-to-month leases with tenures ranging from three to four years.This property offers a well-maintained, income-producing asset with stable occupancy in a convenient Northeast Portland location.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 7
- Total Uncovered Parking Spaces: 7
Structure
- Roof: Composition
- Exterior Features: Wood
Lot Details
- Acres: 0.1148
Schools
- High School District: Portland Public
- High School: Leodis V. McDaniel High
- Elementary School: Lee Elementary
Lot Details
- Acres: 0.1148
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 0
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