Portland OR Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
4,128
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1971
Baths:
MLS#:
24014672
Subdivision:
ROCKWOOD

ADDITIONAL INFORMATION

Fantastic investment opportunity in the heart of Rockwood! Each unit has 3 bedrooms and 1.5 baths, with each primary bedroom connected to their own private half bathroom. Rare working fireplaces in each unit for cozy winters! Private patios offer additional storage for each occupant. Off street paved parking and 8 parking spaces available. Each unit currently occupied with long term & loyal tenants. Please write offers subject to interior inspection, DO NOT DISTURB TENANTS. Listing agent related to seller.

Type:
Multi-Family
Sq.Ft.:
3,550
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1971
Baths:
MLS#:
24229602
Subdivision:
Rockwood

ADDITIONAL INFORMATION

Spacious clean units with lots of storage, rents are low, please do not disturb tenants. Excellent upside in this well maintained 4 plex with large backyard, deck and storage sheds on lower level. Washer and Dryer hook-ups in each unit. Recently resurfaced Roof. Quiet location. Zoned RTC.

Type:
Multi-Family
Sq.Ft.:
4,900
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1997
Baths:
MLS#:
24491668

ADDITIONAL INFORMATION

Opportunity knocks with this hard to find four plex with each unit being 3 beds and 2 baths. Perfect owner occupied investment or just straight up investment property. Rents are month to month and under value currently. Opportunity to raise rents and increase the value of your investment. Great for 1031 Exchange or first investment property. Either way you will be hard pressed to find a better value.

Type:
Multi-Family
Sq.Ft.:
14,080
Status:
Active
Beds:
n/a
Lot size:
0.73 Acres
Year built:
2005
Baths:
MLS#:
24056070
Subdivision:
GLENFAIR

ADDITIONAL INFORMATION

Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit. All units have their own full-size washer & dryer, except the original 4-plex has a shared laundry. All townhouse-style units feature 9' ceilings on the main level. Tenants pay own electricity bills. Gross sq. ft. is gross rentable area, and doesn't include a share laundry area in one building. Most units are located well off of Stark St. in a quiet setting with 26 parking spaces. School bus stops at the driveway.

Type:
Multi-Family
Sq.Ft.:
4,516
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1998
Baths:
MLS#:
24301823
Subdivision:
HW-Hazelwood

ADDITIONAL INFORMATION

Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1927
Baths:
MLS#:
24398760

ADDITIONAL INFORMATION

Elegantly restored with ease of maintenance in mind, this 4-plex has separately metered electric, a metal roof, new appliances, beautiful cabinets, partially fenced yard, & has plenty of off-street parking. Ideal location amongst other single family homes and multi family apts, near Starbucks, shopping, schools, and easy access to the I5. Please do not disturb tenants. They are happy and we want to keep it that way.

Type:
Multi-Family
Sq.Ft.:
1,680
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
MLS#:
24648254
Subdivision:
Rockwood

ADDITIONAL INFORMATION

Nestled in the heart of Rockwood, this inviting duplex presents a blend of comfort, potential, and opportunity. With one unit currently tenanted at below-market value, there is ample room for growth in rental income, offering a promising avenue for investment returns. The other unit is newly leased at market value. Each unit showcases a thoughtful layout that maximizes living space, promoting a warm, welcoming atmosphere. Long term, reliable tenants ensure a smooth transition for new owners, with features including a private fenced backyard for leisure and relaxation, off-street parking for convenience, and in-unit washer and dryer hookups enhancing the functionality of each residence. Embrace the charm and investment potential of Rockwood with this duplex, where opportunity meets a vibrant community lifestyle. ***This property is eligible for a free 1% interest rate buydown when using our preferred lender. Please inquire.

Type:
Multi-Family
Sq.Ft.:
1,480
Status:
Active
Beds:
n/a
Year built:
1943
Baths:
MLS#:
23637356

ADDITIONAL INFORMATION

NEW IMPROVED PRICE,READY TO SELL, Well maintained units in off street secluded property with ample parking for everyone. Easy to rent 1 bedroom and 3 bedroom units. Low maintenance investment. Monthly rents are 1604 and 1212! Make all offers subject to interior inspection! THIS IS A GREAT BUY!!

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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 97233 has a population of 647,176. Portland 97233 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 97233 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 97233 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

    69
    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
Alder Elementary School KG - 05 547 18.2 97233
Gilbert Heights Elementary School KG - 05 611 21.9 97236
Gilbert Park Elementary School KG - 05 672 23.1 97236
Harrison Park School KG - 08 742 15.7 97216
Hartley Elementary School KG - 05 552 19.4 97230
Knova Reynolds Public Charter School KG - 08 407 14.5 97233
Lincoln Park Elementary School KG - 05 653 24.8 97233
Lynch View Elementary School KG - 06 450 18.8 97233
Menlo Park Elementary School KG - 05 587 24.2 97230
Mill Park Elementary School KG - 05 591 23.9 97216
North Gresham Elementary School KG - 05 552 23.2 97030
Oliver Elementary School KG - 06 400 19.9 97233
Parklane Elementary School KG - 06 420 17.4 97233
Ventura Park Elementary School KG - 05 525 21.1 97216

Middle Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Alice OTT Middle School 06 - 08 711 19.8 97236
Centennial Middle School 07 - 08 961 21.7 97236
Clear Creek Middle School 06 - 08 637 20.6 97030
Floyd Light Middle School 06 - 08 790 19.1 97216
Hauton B Lee Middle School 06 - 08 836 19.9 97230

High Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Ace Academy 11 - 12 1 0.2 97230
Centennial High School 09 - 12 1,786 24.8 97030
Center for Advanced Learning 11 - 12 0 0.2 97030
David Douglas High School 09 - 12 3,227 22.8 97233
Gresham High School 09 - 12 1,683 26.4 97030

Ungraded Schools near Portland, OR

School Grades Students P/T Ratio ZIP
* Alpha High School 07 - 12 73 24.3 97030
* Centenial Park School 07 - 12 138 11.7 97233
Metro East Web Academy 06 - 12 414 37.5 97030

Demographics near Portland, OR 97233

Metric Zip Code City
Neighborhood Type Inner City
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