This well located fourplex was completely renovated in 2013, including new roof, windows, siding & sprinkler system. The property consists of two 1-bedrooms & two 2-bedrooms, along with one off-street parking space. All units feature a dishwasher, garbage disposal, stacked washer / dryer, range, and refrigerator. Garage has been converted to a secured storage area, with individual storage for each unit. Each unit has sprinklers installed, and is monitored by the Fire Department. The property has easy access to the bus lines on SE Powell or SE Milwaukie & the MAX line, both within a quarter mile. Quick commute into downtown. Close to restaurants and shopping. At a 5.68% cap rate & 10.76 GRM, this property provides steady cash flow from day one. This turnkey investment will provide consistent returns & long-term value growth.