8120 NE FAILING ST

This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath unit and four one-bedroom, one-bath units. All tenants are on month-to-month leases, with approximately 80% in place for two or more years. The property includes an on-site shared laundry room. Projected 2026 gross income is $62,040, with real estate taxes of $7,246. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing asset with stable tenancy in Northeast Portland.