By Melissa Dorman, October 28, 2021
4004 SE LINCOLN ST
Portland, OR 97214
Check out this incredible value-add opportunity nestled between the Division & Hawthorne hubs. A timeless craftsman, featuring one bed & one bath on the main level w/ formal living & dining rooms. Upstairs 2 more bedrooms, a deck, bathroom, & bonus office space. Lower level has one bedroom, one bathroom unit with a separate entry. Common area with shared laundry room & new furnace. Rent as a duplex or convert to single family with ADU. See 3D tour links. ARV comps in $800k range. 90 walk score!
Upper: 4 BEDROOM | 2 BATH |1450 SQFT
Lower: 1 BEDROOM | 1 BATH |1000 SQFT
Glencoe |Mt Tabor |Franklin HS
MLS#’s 21548879, 21539533 | Taxes $4,600
Broker | OR & WA
Ten years ago, Melissa was living in a slum in Kolkata, India, helping over 200 women escape sex trafficking by providing alternative work at a social business.
It was there she discovered her passion for financial education as a means of empowering people to move out of poverty. After graduating from UCLA with a Masters, Melissa spent 5 years working as a Social Worker; assisting clients facing homelessness, in jail, or at a psychiatric facility.
As much as she loved the work, imagining saving for retirement on the meager salary of a social worker was becoming grim. That's when Melissa discovered "passive income." In no time, she fell in LOVE with real estate as a vehicle for wealth. Soon after, Melissa began locating off-market multi-family properties to purchase through creative financing strategies and win-win opportunities. Two years into investing, Melissa quit her day job as a Social Worker to become a full-time broker and investor. Initially, she was drawn to people in difficult circumstances, so she developed extensive experience assisting families facing foreclosure, short sales, and probate. Melissa is well versed in helping her clients overcome complex real estate challenges.
Currently, Melissa is teamed up with Super Broker, Yascha Noonberg at Living Room Realty. Together they assist clients to achieve their real estate dreams, including how to strategically buy and sell a personal residence to maximize profits. Far from the slums of Kolkata, her greatest passion now is empowering other working professionals to develop passive forms of income through buying multi-family properties in Portland.
Broker | OR & WA