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1064 SE Franklin St, 
Portland, OR 97202

$1,699,900


Bed


Bath


3,934

Sq Ft


Multi-Family

Active

Listed by

Darryl Bodle

Kelly Christian

Keller Williams Realty Portland Premiere

503-597-2444

Last updated:

October 24, 2025, 11:16 AM

MLS#

428478555

Source:

PORTLAND

About This Home

1064 SE Franklin St

Investor Opportunity: This brand-new 4-plex at 1060 SE Franklin St in Portland’s desirable Brooklyn neighborhood is a rare opportunity for investors seeking strong cash flow and long-term appreciation. Never before occupied, all units are fully vacant and move-in ready, allowing for immediate leasing and optimized rental income. Each unit is thoughtfully designed with modern layouts, updated kitchens and bathrooms, solid surface countertops, and private patios or decks, while two of the rear units feature spacious, private fenced yards. All units include mini-split heating and air conditioning, dedicated in-unit laundry spaces, and are individually metered, providing convenience for tenants and ease of management for investors. The property is fee simple with no HOA, giving investors and tenants flexibility and minimal ongoing costs. Residents will enjoy a vibrant neighborhood with numerous nearby amenities, including coffee shops like Saint Simon Coffee Co. and Blue Star Donuts; restaurants and eateries such as Oma’s Hideaway, Ava Gene’s, and Screen Door; bars and breweries including Kelly’s Olympian, The Backstage Lounge, and Baerlic Brewing; parks and recreation like Brooklyn Park and local greenways; and convenient transit with bus routes and MAX light rail. These features make the property highly appealing to prospective tenants and support strong tenant retention. With new construction, move-in readiness, modern finishes, private outdoor spaces, and a prime Brooklyn location, this 4-plex delivers a turnkey opportunity for investors seeking strong rental income and long-term appreciation.

Home Facts

Multi-Family

Built in 2025

Price Summary

1,699,900

$432 per Sq. Ft.

MLS #:

428478555

Last Updated:

October 24, 2025, 11:16 AM

Added:

1 day(s) ago


Rooms & Interior

Interior

Living Area:

3,934 Sq. Ft.


Structure

Structure

Building Area:

3,934 Sq. Ft.

Year Built:

2025


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$1,699,900

Price per Sq. Ft:

$432 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: October 24, 2025

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