Bought with Real Broker
$755,555
$824,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/21/2025
Key Details
Sold Price $755,555
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kerns
MLS Listing ID 374279312
Sold Date 08/21/25
Year Built 1904
Annual Tax Amount $6,627
Property Description
Carpe diem on this incredible mixed-use opportunity in Kerns – recently named one of the coolest neighborhoods in the U.S. Today it's a thriving midterm rental and office space called Hi Buddy that's Perfectly Portland with Wes Anderson vibes. Three beds up and a two bedroom private apartment below, the building is a friendly beacon in the community. Use it as a duplex with owner occupied live/work and rent the apartment below. Lease the main level to a small business and lift up the community. Continue with the successful run of Mid term renters in the rooms above. So many options! Picnic area and large covered patio ready to serve you up your café dreams. Positioned in the triangle of some of NE's favorite spots, Hi Buddy comes practically unlimited potential. The commercial kitchen easily converts to residential, and clever custom built ins allow for dry storage. Professionally installed venting, ADA compliant with lift and bathroom, security and fire systems, and more room to expand (hostel bunk room, anyone?). Walk Score 99, Bike Score 94 with public transit nearby. Office space, hospitality, wellness, café, retail, live/work... the dream of Portland is alive. Come see. Owner is co-listing agent.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Interior
Heating Forced Air90
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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