👑 Merry Christmas from Peacock Lane 👑
This is a RARE cash-flowing subject-to opportunity on one of Portland’s most iconic and tightly held streets. Instead of taking on today’s higher-cost financing, an investor steps directly into the existing low-interest debt with a monthly payment of just $3,541 while projected rents are approximately $4,250 per month, creating immediate monthly spread and long-term upside. With only $60,000 down and light renovation needs of approximately $35,000, this becomes a strong blend of cash flow, principal paydown, and built-in equity.
This is the largest house on Peacock Lane, creating a major value advantage in a location where properties rarely trade. With only approximately 400 sqft in the basement, the majority of the square footage is above grade, making the layout far more desirable for both resale and long-term hold value. With an estimated ARV of approximately $799,000, there is strong equity upside on top of the monthly cash flow.
Contrary to popular belief, this property does not have an HOA, which is a major advantage for both investors and long-term hold strategies. No HOA means stronger cash flow, fewer restrictions, and no surprise monthly dues cutting into returns.
Located near Laurelhurst Park, Mount Tabor Park, top schools, downtown Portland, and the popular Belmont and Hawthorne districts, this is the kind of location investors hold for the long term.
The subject-to structure avoids new loan origination, high lender fees, and today’s elevated interest rates, making this a clean acquisition strategy with both immediate and long-term financial benefits.
Down Payment: $60,000
ARV: $799,000
Remodel: $35,000
Estimated Rent: $4,250/month
Mortgage Information
Mortgage Balance: Approximately $580,000
Interest Rate: 4.3750%
Loan Type: Modified 40-Year Loan
Principal Pay Down: $188/month
Monthly Payment: $3,541/month
532 SE Peacock Ln, Portland, OR 97214
3 Beds | 3 Baths | 2,847 Sqft | Approx. 400 Sqft Basement | Private Fenced Backyard
Property Needs
Master bathroom update
New carpet
Cherry hardwood floors need refinishing
Kitchen needs deep cleaning
New dishwasher needed
Minor roof repair (remove loose board and reinstall/repair)
Property Features
Largest house on Peacock Lane
Mostly above-grade living space
Approx. 400 sqft basement
Private fenced backyard
No HOA
Located on one of Portland’s most iconic residential streets
Strong long-term appreciation area
Excellent resale and hold potential
Strong long-term rental potential
Public Walkthrough on 4/29 at 1:00 PM. Please confirm attendance for the walkthrough.
This is a true location-first, cash-flowing sub-to opportunity with strong monthly spread, built-in equity, and one of the best addresses in Portland.
Closing date: 5/29/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
