Portland OR Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,405
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1979
- Baths:
- MLS#:
- 296256155
- Subdivision:
- FOSTER-POWELL NEIGHBORHOOD
View additional info
Courtesy: Premiere Property Group, LLC
503-670-9000
ADDITIONAL INFORMATION
Prime Investment Opportunity: One-Level Duplex Near Key AmenitiesThis well-maintained, one-level duplex offers great potential for investors or owner-occupiers looking for a comfortable living space. Each unit features: New LVP Flooring for durability and style. Kitchen includes refrigerator, built-in dishwasher, and range. Washer & Dryer Hookups for convenience. Storage Unit for each unit for additional space. Exterior: Freshly painted for a clean, modern look. Prime Location: Close to Thuan Phat Supermarket, Highway 205, and a variety of other Asian stores.Nearby hospitals and local amenities provide excellent convenience. Basement Potential – There’s an opportunity to convert the basement into a third room, adding even more value to the property. This duplex is an excellent investment opportunity in a highly sought-after area. The units are currently occupied, so please do not disturb tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- 3,256
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1898
- Baths:
- MLS#:
- 567310874
- Subdivision:
- BUCKMAN
View additional info
Courtesy: eXp Realty, LLC
888-814-9613
ADDITIONAL INFORMATION
Investor Alert! Prime Buckman neighborhood duplex with huge value-add potential. This property underwent a down-to-the-studs remodel with permits in 1997 and offers an excellent opportunity for additional income. The basement level has the potential to be converted into a third unit—egress windows are already in place but currently covered. Roof and gutters are needed and have been factored into the pricing. Potential Seller Carry Financing available, making this an even more attractive investment. Don't miss this chance to secure a multi-unit property in one of Portland’s most desirable rental markets!
- Type:
- Multi-Family
- Sq.Ft.:
- 2,268
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- 711281304
View additional info
Courtesy: Windermere Realty Trust
503-294-1101
ADDITIONAL INFORMATION
Classic side-by-side symmetrical duplex in the sought-after Kerns-Buckman neighborhood, just half a mile from Laurelhurst Park and five blocks from the vibrant East Burnside/28th restaurant district. A fantastic owner-occupant opportunity, this property sits in one of the most desirable rental markets on the close-in Eastside.Each unit features its own separate concrete basement—both large and unfinished, with laundry in each. Additional highlights include wood floors, fireplaces, and private yard/garden spaces. Both units have brand-new forced-air gas furnaces and updated breakers.A rare find in a prime location, offering charm, functionality, and investment potential.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 2025
- Baths:
- MLS#:
- 385918970
- Subdivision:
- SABIN
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
PHENOMENAL location meets elevated design + modern architecture with this gorgeous new construction 4 unit development! With an impressive 97 BikeScore and just 0.4 miles from the trendy shops, restaurants, and coffee spots on NE Alberta, this community offers unmatched convenience. Plus, it's just minutes away from local parks for outdoor enjoyment. Inside, you're tenants will covet the open-concept floor plans that are flooded with natural light, thanks to soaring ceilings and expansive windows. The living areas, featuring custom storage solutions, seamlessly connect to the dining areas and a chef-inspired kitchens. Here, they’ll find custom cabinetry, sleek tilework, and high-end stainless steel appliances—creating the perfect space for both entertaining and relaxing. Upstairs, the spacious primary suites offer a tranquil retreat, along with an additional bedroom and a beautifully appointed full bathroom. Outside are private fenced yards. Don't miss out on the opportunity to invest in this prime NE location, complete with a 1-year builder warranty from a trusted Street of Dreams builder.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 132303990
View additional info
Courtesy: Keller Williams Sunset Corridor
503-270-5700
ADDITIONAL INFORMATION
**Duplex Listing on Capitol Highway** Located in a prime location on Capitol Highway, this duplex offers an incredible opportunity for both first-time homebuyers and investors. The property consists of two units, both of which have been recently updated and are in excellent condition. The location is unbeatable, with restaurants, cafes, stores, a college, and a hospital just across the street, making it ideal for rental opportunities. **Unit 6464** - 3 bedrooms - 2 full bathrooms. - Upstairs two bedrooms and one bath room ,kitchen with living room - Basement bedroom and bathroom - big family room can be divided for two rooms and big laundry room - Garage - Spacious backyard with beautiful apple trees **Unit 6462:** - 2 bedrooms - 1 bathroom - Backyard - Garage **Recent Upgrades:** - New carpet and vinyl flooring - New appliances - New roof installed in 2021 - New windows installed in 2021 This property is perfect for someone looking to live in one unit and rent out the other or for an investor seeking a high-demand rental location. Conveniently located to a nearby park, easy access to local amenities and bus stop/public transportation. Close to a college and hospital. This is a can’t-miss opportunity. Contact me for more information, photos, and videos to learn more about this amazing property! Unit 6464 ,3 bedrooms 2 bathrooms , living and family rooms .unit 6464 vacant easy for showing . Don't miss the opportunity [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10001653]
- Type:
- Multi-Family
- Sq.Ft.:
- 1,714
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 109173836
View additional info
Courtesy: MORE Realty
503-353-6673
ADDITIONAL INFORMATION
Incredible opportunity to owner-occupy a duplex in beautiful Sellwood! This well-maintained duplex at 2422 SE Nehalem St offers two spacious units, each featuring 2 bedrooms and 1 bathroom within 850 square feet of living space. Each unit has an outdoor patio for entertaining or extra storage! The 5,000 sqft corner lot gives you lots of room for parking and a shared driveway in case you need more! Built in 1966, the building is constructed with wood and brick, ensuring durability and classic appeal. Each unit includes a cozy fireplace, adding warmth and character to the living areas. Located near Westmoreland Park and Sellwood Park, you can enjoy easy access to parks, restaurants and everything Sellwood has to offer! Don't wait on this one!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 460007022
View additional info
Courtesy: Keller Williams Sunset Corridor
503-270-5700
ADDITIONAL INFORMATION
**Duplex Listing on Capitol Highway** Located in a prime location on Capitol Highway, this duplex offers an incredible opportunity for both first-time homebuyers and investors. The property consists of two units, both of which have been recently updated and are in excellent condition. The location is unbeatable, with restaurants, cafes, stores, a college, and a hospital just across the street, making it ideal for rental opportunities. **Unit 6464** - 3 bedrooms - 2 full bathrooms - Upstairs kitchen with family room - Basement with bedroom and bathroom - big family room that can be divided to two rooms - Garage - Spacious backyard with beautiful apple trees **Unit 6462:** - 2 bedrooms - 1 bathroom - Backyard - Garage **Recent Upgrades:** - New carpet and vinyl flooring - New appliances - New roof installed in 2021 - New windows installed in 2021 This property is perfect for someone looking to live in one unit and rent out the other or for an investor seeking a high-demand rental location. Conveniently located to a nearby park, easy access to local amenities and bus stop/public transportation. Close to a college and hospital. This is a can’t-miss opportunity. Contact me for more information, photos, and videos to learn more about this amazing property! Unit 6464 ,3 bedrooms 2 bathrooms , living and family rooms is vacant and easy to show . Don't miss the opportunity [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10167525]
- Type:
- Multi-Family
- Sq.Ft.:
- 4,781
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 596525215
- Subdivision:
- SW HILLS
View additional info
Courtesy: Keller Williams Realty Professionals
503-546-9955
ADDITIONAL INFORMATION
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room with a fireplace, and a spacious kitchen with an adjacent dining room. The lower level unit has a separate entrance, full kitchen, dining area, laundry room, spacious living room with a fireplace, two bedrooms, and one full bathroom. Recent updates include New paint inside and out, kitchen, appliances, light fixtures, carpet, refinished wood floors, a new furnace, and a mini-split. This home is minutes from restaurants, PSU, and downtown Portland and only a short walk to OHSU and Marquam Nature Park.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 454839719
View additional info
Courtesy: Cochran Property Group Inc.
503-663-8343
ADDITIONAL INFORMATION
4-plex investment property in great location on corner lot. DO NOT GO ON PROPERTY WITHOUT APPOINTMENT WITH REAL ESTATE BROKER. DO NOT DISTURB TENANTS.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,068
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1992
- Baths:
- MLS#:
- 241913733
- Subdivision:
- MULTNOMAH VILLAGE
View additional info
Courtesy: John L Scott Portland SW
503-590-1500
ADDITIONAL INFORMATION
Amazing Duplex, Perfect location! This well-maintained duplex boasts 2 townhouse style units, each with 2 bedrooms, 1.5 baths, and is right in the heart of Multnomah Village! Located just across the street from Multnomah arts center, you are just steps away from restaurants, pubs, community activities, parks, shopping, transit, and more! Each unit comes with a cozy fireplace, lots of storage, spacious kitchen and living room, and attached garage. Generous sized bedrooms including a large primary bedroom with walk in closet. The slider off the kitchen opens to the cute backyard and deck, with plenty of room for pets or gardening! Wonderful building, perfect neighborhood, great rents and rental history, this is a must see!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,974
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1933
- Baths:
- MLS#:
- 796374130
View additional info
Courtesy: RE/MAX Equity Group
503-626-4600
ADDITIONAL INFORMATION
*** AMAZING OPPORTUNITY *** ~8% CAP RATE *** BEST PRICED 4 PLEX IN TOWN *** Great cash flow property in very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as little as zero down for veterans or 5% down for most other owner occupants. Investor loan available with as little as 10% down. Hurry quick! This won't last!!! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235317]
- Type:
- Multi-Family
- Sq.Ft.:
- 3,414
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1906
- Baths:
- MLS#:
- 718411460
- Subdivision:
- BUCKMAN
View additional info
Courtesy: Mal & Seitz
503-722-7000
ADDITIONAL INFORMATION
LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves for all of the units and a mini-split in one of the units. The basement has coin-operated laundry and storage lockers for each unit. Three of the tenants are on month-to-month agreements, one lease ends June 30, 2025 and one ends July 31, 2025. Please do not disturb the tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 233826248
View additional info
Courtesy: eXp Realty LLC
888-814-9613
ADDITIONAL INFORMATION
These units have minimal shared walls, ensuring Each unit has its own deck, laundry facilities, and off-street parking. There's a full basement with exterior entrance that can either be shared between units, or potentially finish it up into a 3rd unit/ADU. Unit A is approximately 840 sq.ft. has newer LVP flooring and a living room with French doors leading to a private deck. The kitchen has stainless steel appliances, a dining area, two bedrooms, one bathroom, and a finished attic storage area accessible by drop down ladder. Unit B is located in the back part of the house, approximately 1,210 sq.ft. and is two stories. The main floor features newer LVP flooring, a cozy living room, French doors to a private deck, a kitchen with stainless steel appliances, and a dining area. The second floor boasts 2 bedrooms and 2 full bathrooms. Ideal location in between Foster/ Powell and Montavilla neighborhoods. Close to Mt Tabor Park, shopping and restaurants galore. Commuting is easy with quick access to I-5.
- Type:
- Multi-Family
- Sq.Ft.:
- 3,516
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- 762561503
View additional info
Courtesy: Branch Real Estate
503-267-7202
ADDITIONAL INFORMATION
DRIVE BY ONLY. DO NOT DISTURB. Get your hands dirty, unleash your creativity, and build your portfolio! Fixer duplex with some remodeling already completed to one unit. Huge finished basements underneath both units. Big two car garage, driveway and on street parking.
- Type:
- Multi-Family
- Sq.Ft.:
- 4,909
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 609391756
- Subdivision:
- PEARL DISTRICT
View additional info
Courtesy: Lovejoy Real Estate
503-312-4642
ADDITIONAL INFORMATION
This is a unicorn. Detached duplex in the Pearl with a 3rd apartment off second floor. This property has been owner occupied - the seller has rented the main floor unit long-term, lived on the second floor and used AirBnB for the attic apartment. The attic is not a separate ADU but is a great option for short term rentals. Tons of original charm with wood floors, built-ins, custom woodwork, covered balcony and more. This property has been immaculately maintained over the years. Each unit has private laundry. Main floor is month to month rental at $1875 but market rent supports higher. Full unfinished basement has exterior access. Potential to finish out space for more income? Walk Score -99 Bike Score - 90 Upstairs units
- Type:
- Multi-Family
- Sq.Ft.:
- 2,574
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2001
- Baths:
- MLS#:
- 142910558
- Subdivision:
- MULTNOMAH
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Welcome to this tastefully updated multi-unit property in a prime location near Barbur Blvd and the sought-after Multnomah Village. This versatile property features three separate units across three levels, each with its own private entrance—ideal for multi-generational living or as a high-potential income-generating investment. Each level offers 858 sq ft of living space, thoughtfully designed to maximize comfort and functionality. The main level unit welcomes you with an open concept floorplan featuring a stunning kitchen adorned with light cabinetry, gleaming stainless steel appliances, expansive tile work, and a large island with an eat bar. Expansive windows bathe the space in natural light, while a slider opens to a spacious covered deck, perfect for outdoor dining and relaxation. Two bedrooms and a bathroom complete the main level, along with a convenient laundry room. The lower level unit includes a bedroom, living room, and a kitchenette. Outside, a covered patio overlooks a sprawling yard, ideal for enjoying summer evenings. The upper unit offers two spacious bedrooms, a bathroom, and a complete kitchen. A spacious living area boasts vaulted ceilings and a fireplace, with access to the upper level of the deck for expanded outdoor living. With zoning that allows for 6 total units, this property presents a fantastic opportunity for potential to expand in the large cleared yard space! Don't miss out on this incredible investment opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- 8,100
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2025
- Baths:
- MLS#:
- 698766281
- Subdivision:
- BRENTWOOD / DARLINGTON
View additional info
Courtesy: The Koval Group
503-548-8008
ADDITIONAL INFORMATION
** Just completed 9 New homes! ** 3 homes at 1,000 sf 2 Bed/2.1 Baths and 6 homes at 850sf 2 Bed/2.1 Baths. All are detached fee simple homes. MODERN design in sought after SE location! Light and bright with lots of windows, open floor layout, private patio, SS appliances, quartz counters, upscale finishes, and high ceilings. Amazing location with close proximity to your favorite dining, shopping, and entertainment! Plenty of street parking too! Priced to compete with condos, but far superior and NO HOA! Builder warranty included! Home energy score is 10 out of 10! Don't miss this rare opportunity to bolster your investment portfolio!
- Type:
- Multi-Family
- Sq.Ft.:
- 3,350
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 589908567
- Subdivision:
- SOUTHWEST HILLS
View additional info
Courtesy: John L. Scott Portland Central
503-230-8600
ADDITIONAL INFORMATION
5 Plex with CITY VIEWS and close to PSU campus. Zoning is RM4 which accommodates a high density, multi-dwelling build up to 30 units in a fabulous, central city location. As an investment, this 1912 build has a consistent rental history with a blend of studio, 1,2 and 3 bedroom units. Both Roof and Boiler are newer. Main floor units have hardwood floors, period built-ins, large front porch and patio access. Garage is currently used for storage and not rented. Laundry machines are located in the basement.
$1,390,000
350 NE 61ST Ave Unit 350 Portland, OR 97213
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 141775361
View additional info
Courtesy: Check Point Realty
503-975-5857
ADDITIONAL INFORMATION
Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Previously rented at $2100/mo. Leases are m2m, w excellent rental history. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. 350 bldg has been inspected, roof certified and repairs made. 2 former tax lots for a combined total of 12,589sqft. Developer's package attached.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,703
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- 612118501
- Subdivision:
- SELLWOOD / MORELAND
View additional info
Courtesy: Windermere Realty Trust
503-220-1144
ADDITIONAL INFORMATION
Well-maintained and in excellent condition, this triplex is truly move-in ready for investors seeking steady returns. Located in a high-demand area, it offers a rare opportunity for both seasoned investors and those making their first multi-unit purchase. With a walk score of 92 and a bike score of 99, tenants will enjoy unmatched convenience, making this an even more attractive investment. Don’t miss out on this prime opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,438
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 500193505
View additional info
Courtesy: MORE Realty
503-353-6673
ADDITIONAL INFORMATION
Supreme location and highly desired zoning. Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income. The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturing, and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 2008
- Baths:
- MLS#:
- 24354935
View additional info
Courtesy: Portland Creative Realtors
503-998-4429
ADDITIONAL INFORMATION
Awesome location! Close to MAX, Vance Park, shopping and restaurants. Great Investment property! This duplex townhouse was built in 2008, it is in excellent condition! It is fully occupied with long term tenants that always pay their rent on time! It has been a wonderful workhorse, bringing in a good income! Both units are light and bright! The 3 bedroom unit upstairs has a back deck. Shared fully fenced back yard. Hardiplank siding, zonal heating, with attached garage/storage space, which is shared. Both units have a dishwasher and a washer/dryer set. Upstairs the washer dryer set is new. 3 Bedroom rents for $1625, locked in through December 2025, and 2 bedroom unit rents for $1320. Utilities paid separately by tenants, not included in rent, they are billed to tenants based on SF of each unit.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,176
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- 696514188
- Subdivision:
- LAURELHURST
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Welcome to this stunningly remodeled home with lower level ADU in the highly sought-after Laurelhurst neighborhood! Incredible investment opportunity or way to supplement your mortgage with rental income. Perfectly located, you'll enjoy easy access to the vibrant shops and restaurants of Belmont and Hawthorne, plus the tranquility of Laurelhurst Park just a short stroll away. This home has been thoughtfully and impeccably designed to offer both style and functionality. The main house features a spacious layout with three bedrooms and two full bathrooms, beautifully appointed across two levels. The main floor includes a convenient bedroom and a luxurious bathroom with a spa-like walk-in shower, offering comfort and convenience. The expansive living room flows seamlessly into the stunning kitchen, complete with an abundance of cabinetry (including built-ins), a pantry, under-counter storage, and a striking waterfall countertop. High-end stainless steel appliances and sleek tilework add a modern touch to this inviting space. Upstairs, you’ll find two additional bedrooms, a lavish bathroom and versatile second living room room perfect for a home office, playroom, or cozy movie nights. The lower level is equally impressive, featuring a fully functional ADU with separate entrance, two bedrooms and a bathroom. Outside, the home continues to impress with off-street parking, a detached garage, and an expansive driveway. Enjoy the serenity of a private, beautifully landscaped yard with a covered deck, patio space, and a charming front porch, perfect for outdoor relaxation. This home combines modern luxury with an unbeatable location, making it a rare find in one of Portland’s most desirable neighborhoods. Don’t miss your chance to experience this exceptional property! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193476]
- Type:
- Multi-Family
- Sq.Ft.:
- 6,560
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 776111041
- Subdivision:
- REED/WOODSTOCK
View additional info
Courtesy: John L. Scott Portland Central
503-230-8600
ADDITIONAL INFORMATION
Prime Investment Opportunity – Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor’s portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don’t miss this opportunity to secure a high-performing, low-maintenance property in one of the city’s most coveted neighborhoods.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,424
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 392842930
View additional info
Courtesy: The Kelly Group Real Estate
503-538-4531
ADDITIONAL INFORMATION
Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.
Portland Real Estate
The median home value in Portland, OR is $505,000. This is higher than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Portland, OR is $505,000. Approximately 50.37% of Portland homes are owned, compared to 44% rented, while 5.63% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon has a population of 647,176. Portland is less family-centric than the surrounding county with 31.59% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland is 37.9 years.
Portland Weather
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.