8625 SE Knapp St Portland, OR 97266

Two detached residences on one lot paired with a 3% assumable FHA loan, creating an appealing opportunity for those seeking rental income, shared living flexibility, or long-term investment potential.The main home at 8625 SE Knapp St includes 2 bedrooms, 1 bathroom, and 1,042 sq ft of thoughtfully updated space. Features include quartz countertops, stainless steel appliances, an updated bathroom with walk-in shower, and an open-concept layout. Additional improvements such as LVP flooring, tankless water heater, Nest-controlled gas furnace, and plumbing updates support everyday efficiency.The second residence at 7227 SE 87th Ave offers 2 bedrooms and 1 bathroom across 600 sq ft, with quartz countertops, stainless appliances, stackable laundry, and a practical layout. A 20’ x 12’ covered parking patio adds usable outdoor functionality. A compelling setup for those exploring multi-unit living or income-producing property options.