Portland OR Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
5,941
Status:
Active
Beds:
n/a
Year built:
2024
Baths:
MLS#:
24494271
Subdivision:
CULLY

ADDITIONAL INFORMATION

Don’t miss this phenomenal chance to invest in a unique collection of five detached homes, each featuring 3 bedrooms and 2.1 bathrooms. Located in the vibrant Cully neighborhood, these properties boast an impressive 95 BikeScore and are just 0.5 miles from the amenities of NE Fremont St and nearby parks. Each impeccably designed home is light and bright, showcasing an open-concept floor plan. As you step inside, you’re greeted by spacious living and dining areas with lofty ceilings and cozy fireplaces, perfect for comfort and style. The kitchens offer ample storage with stunning warm cabinetry, exquisite tile work, and gleaming stainless steel appliances. The sun-filled primary suites feature expansive windows and luxurious ensuites with stunning walk-in showers. Upstairs, two additional spacious bedrooms share a well-appointed bathroom complete with a relaxing soaking tub. Each home enjoys its own private fenced backyard, providing residents with a serene outdoor space for relaxation or entertaining. This is an ideal opportunity to bolster your investment portfolio with properties that combine modern design and prime location. Enjoy peace of mind with a one-year builder warranty from a local boutique builder, ensuring quality and durability. Seize this opportunity to invest in a thriving community!

Type:
Multi-Family
Sq.Ft.:
3,328
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1982
Baths:
MLS#:
24193023

ADDITIONAL INFORMATION

Killer Killingsworth Invest property! Remodeled 4-plex in the heart of Cully. Each unit features 2 bedrooms, 1 bathroom, a spacious living room, LED fireplace, dining area, robust kitchen and outdoor space. Easy to rent and Easy to maintain with a 6.9%+ cap rate and 8 off street parking spots. An all around slam dunk investment property.

Type:
Multi-Family
Sq.Ft.:
3,042
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1939
Baths:
MLS#:
24334662
Subdivision:
CULLY

ADDITIONAL INFORMATION

Super-sweet spot in Cully, 2 distinct homes plus an oversized garage/workshop on a large lot! Always wanted your own compound? Well, here's your chance. Potential to add another dwelling unit per the City of Portland's Residental Infill Project. Primary Residence/Unit #A is a roomy 4 bedroom, 2 bath plus a fully finished basement with exterior entrance. It's updated where it counts, new electrical service, panel, water line, water heater, newer roof, furnace, and modern kitchen. The home maintains it's 1930's charm with original wood floors, solid wood doors, stone fireplace, and bountiful garden space. With a finished basement, existing bathroom, exterior entrance...does this scream 3rd unit??? ADU/Unit #B is a 1926 single level home that was given new life via relocation from an adjacent property. This 800 square foot, 2 bedroom, 1 bath transplant sits on a new foundation along with a new roof, water line, and electrical service. Enjoy the private yard on your new front porch or happy hour from your new side deck. Revamp the interior and you'll be ready to roll with either a sweet rental or a fresh new pad for yourself. From this stellar location, walk to all things Portland having coffee, food trucks and brews just down the street. Looking to generate extra income? A multi- generational living situation? At home business/office? Workshop? A friends as neighbors scenario? Potentially live in one house and rent out the other, rent both, add a third unit. Choose your own adventure with the upswing potential of this unique property. Buyer to do their own due diligence for development options. Residential listing #24268936 [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231783]

Type:
Multi-Family
Sq.Ft.:
7,065
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Year built:
2024
Baths:
MLS#:
24237499

ADDITIONAL INFORMATION

A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.

Type:
Multi-Family
Sq.Ft.:
1,664
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1984
Baths:
MLS#:
24265373
Subdivision:
CULLY

ADDITIONAL INFORMATION

Updated turnkey Cully duplex in great NE location. Both units feature updated kitchens w/ dishwashers, updated bathrooms, W/D hookups, and individual outdoor areas that include storage. 4 off-street parking spots offer a great value to current and future tenants. Close to shops and restaurants on NE 42nd and a short distance to NE Alberta St and NE Fremont St. Come tour today!

Type:
Multi-Family
Sq.Ft.:
3,328
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1984
Baths:
MLS#:
24037645
Subdivision:
CULLY

ADDITIONAL INFORMATION

Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2024, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



Portland Real Estate

The median home value in Portland, OR is $537,200. 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 $537,200. 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 97218 has a population of 647,176. Portland 97218 is less family-centric than the surrounding county with 29.49% 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 97218 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 97218 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.

Portland Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    63
    30-day change

Portland Schools and Demographics

Education near Portland, OR

Metric City County
High School Graduates 93.25 92.37
College Degree - 2 year 6.87 7.48
College Degree - 4 year 51.93 47.23
Graduate Degree 13.94 12.62
Expenditures per Student 19,574 19,574
Students per Teacher 17.3 17.3

Elementary Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Alameda Elementary School KG - 05 767 21.7 97212
Beverly Cleary School KG - 08 834 25.7 97212
Faubion Elementary School PK - 08 491 18.3 97211
Irvington Elementary School KG - 08 485 17.7 97212
Lee Elementary School KG - 08 431 14.6 97220
Rigler Elementary School KG - 05 481 17.6 97218
Roseway Heights School KG - 08 668 10.2 97213
Sabin Elementary School PK - 08 514 19.2 97212
Scott Elementary School KG - 08 481 14.5 97218
The Ivy School 01 - 08 214 27.6 97218
Woodlawn Elementary School PK - 08 425 14.3 97211

Middle Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Beaumont Middle School 06 - 08 556 19.9 97212
Parkrose Middle School 06 - 08 761 23.2 97220

High Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Grant High School 09 - 12 1,501 19.9 97212
Madison High School 09 - 12 1,074 17.1 97220
Parkrose High School 09 - 12 1,005 25.1 97220

Ungraded Schools near Portland, OR

School Grades Students P/T Ratio ZIP
* Alliance High School 09 - 12 171 13.7 97211
* Helensview High School 09 - 12 121 40.3 97220

Demographics near Portland, OR 97218

Metric Zip Code City
Neighborhood Type Suburban
Population 647,176 810,011
Population Density 4,851 1,879
Median Age 37.9 37.8
People per Household 2.3 2.3
Median Household Income 78,476 76,290
Average Income per Capita 47,289 44,675