Seann Bates

Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation. Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel. Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive. On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience. Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation. The property is currently fully leased so please respect the current tenant's privacy. Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!

Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!

Welcome Home to Your Charming 1990 Single-Story Gem! Nestled in a serene neighborhood, this inviting residence boasts timeless appeal and modern upgrades, making it the perfect haven for your family. Here's what awaits you:4 Bedrooms: Each room offers ample space and comfort, providing versatility for guests, or even a home office. 2.5 Bathrooms: Convenience and functionality combine in the well-appointed bathrooms, ensuring everyone's needs are met. 1734 Sqft: Plenty of room to spread out and enjoy, with a layout that maximizes both space and functionality. Vaulted Ceilings: The living room welcomes you with a sense of spaciousness and elegance, accentuated by its soaring ceilings and a gas fireplace. Brand New Carpet & Interior Paint: Revel in the freshness of your abode, adorned with plush new carpeting and a pristine coat of paint throughout. 2 Car Garage: Your vehicles will find shelter and security in the attached garage, offering added convenience. New Heat Pump (2023): Stay comfortable year-round with the energy-efficient heat pump, providing reliable heating and cooling. Open Kitchen into Family Room: Perfect for entertaining. Large Backyard with Covered Patio: Step outside to your own private oasis, where lush greenery and a covered patio beckon for outdoor relaxation and gatherings. Close Distance to Westside Lightrail Line and beautiful Shadywood Park Nearby: Embrace nature's beauty and recreational opportunities at the picturesque Shadywood Park, just a stone's throw away. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10228812]

I’m the Managing Principal Broker of Fiv Realty in both Oregon and Washington. I’ve got 21 years of experience in the business, and my passion is helping people make money through real estate, whether that is helping them sell their house for more money than they thought possible, helping buyers find bargains that fit their needs and have easy gains in equity, or helping investors buy properties with good cap rates.  My specialties are helping downsizers, heirs to an estate, and investors in residential real estate. I approach real estate through a data/driven laser focused lens because I am originally an engineer so analyzing pricing and market trends comes naturally to me. 

Seann Bates

About Seann Bates

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Recent property sales & transaction history

4 properties

Portland

Family Home

$800,000 to $950,000

1,900 ft² to 2,000 ft²

Properties for sale by listing agent Seann Bates

$925,000

$895,000

$925,000

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