1404 SE 29TH AVE Portland, OR 97214

Solid investment property in Sunnyside neighborhood in the heart of the Hawthorne District. The property consists of two buildings. An 11 unit built in 1927 & a 4-plex built in 1970, both on a 16,100 SF lot. There are 4 off-street parking spaces between the buildings, a laundry room & an additional room with individual storage for tenants.The 11-unit currently has 8 vacant units, deliberately left vacant by the current owner, which allows a new owner to put in tenants of their choice at current market rents.The fourplex has one vacant unit, two units that have not paid rent since Covid & one unit well under market rent at $525. Again, this was done deliberately by the current owner.The property is located one block north of Hawthorne Blvd. and five blocks south of Belmont St. Both streets are on bus lines and are well known for their trendy shops and restaurants. The property is two miles from downtown Portland, with easy access across the Hawthorne, Belmont & Burnside bridges.Vacant units available to see by appointment.