Property Description

Welcome to the historic Groat-Gates House, a beautifully preserved 1898 Late Victorian Queen Anne-Eastlake 6 plex rich in character and architectural detail. Listed on the historic register and originally owned by a former Portland mayor, this iconic property blends timeless elegance with strong investment potential.Situated on a prominent corner lot in Portland's sought-after Kerns neighborhood, the property offers unbeatable walkability -just steps to popular restaurants, cafes, theaters, parks, and everyday conveniences. With a Walk Score of 93 and a perfect Bike Score of 100, tenants enjoy a highly connected, urban lifestyle that supports consistent demand and stable cash flow.The building has been well maintained, preserving its historic charm while providing a comfortable living environment for residents. A spacious backyard deck offers a peaceful outdoor retreat, ideal for tenant enjoyment and added appeal.An exceptional opportunity to own a piece of Portland history with proven rental performance in one of the city's most vibrant neighborhoods.