442/444 SE 4TH ST Troutdale, OR 97060

A terrific townhome style duplex, located within walking distance to old town Troutdale, Troutdale Station Food Carts and the Columbia Gorge Outlet mall. This exceptional location allows you to enjoy shopping, dining, nearby parks and is less than 1 mile to the Sandy River and a 1.5 to McMenamins Edgefield.This is a perfect opportunity to live/own and earn potential income or a great addition to your investment portfolio with a fantastic cap rate of 5.84 and a low 1% vacancy rate over 14 years, makes this a stable investment. This duplex has been a one owner property and is the first time on the market in 27 years. Maintained meticulously over the years, equals peace of mind. The complete tear off roof and a new 50 year composition roof, along with full exterior paint and Hardi Plank siding repairs were completed in Spring of 2019. A new cement patio was upgraded for unit 444 in Spring of 2024. Each unit is a spacious 1,289sf with an ideal 3 bedrooms and 2.5 baths, appliances include ranges, refrigerators and dishwashers, washer/dryer hookups, oversized 1 car garages and private fenced yards that are perfect for family fun and entertaining. Just over .25 mile to a max station or bus stop and only 1 mile to I84, means easy transportation options. This desirable duplex is not one to miss!