4740 Woodstock BlvdPortland, OR 97206

For Sale
$850,000

Portland laundromat & home, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
94
This Portland, Oregon investment opportunity presents the fee simple ownership of a mixed-use property located at 4740 SE Woodstock Blvd, in Multnomah County, zip code 97206. The property consists of two buildings on a single parcel: a single-family home and a standalone laundromat. Currently, the laundromat operates under a short-term lease significantly below market rate, offering immediate upside potential for rental income. The single-family home will be delivered vacant, allowing for immediate market-rate leasing. This presents a built-in diversification of income streams, with both commercial and residential rental potential. The property is zoned CM2, providing attractive future redevelopment possibilities. The laundromat business may also be available for sale separately

Highlights

  • Fee simple ownership of a mixed-use property in Portland, OR (97206).
  • Built-in income diversification with a single-family home and laundromat.
  • Significant rental upside: Vacant SFH allows for immediate market-rate leasing; laundromat has a below-market lease.
  • CM2 zoning offers attractive redevelopment potential.

Property Details for 4740 Woodstock Blvd

Property type
Other retail properties, Individual retail properties
Buildings
2
Units
2

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4790191
Longitude
-122.6136496
4740 Woodstock Blvd, Portland, Oregon

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4740 Woodstock Blvd
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