Courtesy: Premiere Property Group, LLC
503-670-9000
What if your home could help pay for itself today—and give you options for tomorrow? That’s the opportunity at this Piedmont duplex. Imagine owning the home you live in while the residence next door helps offset the monthly payment, giving you a head start on building equity and long-term value. And there’s another way to make the numbers work in your favor: ask about the preferred lender rate buy-down incentive available with this property. It could make your first year of ownership even more appealing. Two homes. One corner lot. Each with its own attached garage and versatile living space. The Williams-facing residence offers a more private setting plus direct garage-to-home access that makes everyday life a little easier. Mature palm trees and ornamental grasses create landscaping that feels anything but ordinary for Portland. Tucked away from the street, a large open area offers a blank canvas for your garden, play structure, outdoor living space, or future development potential. Then there’s the location. Williams and Mississippi are minutes away, with MAX, New Seasons, Fred Meyer, restaurants, cafés and neighborhood favorites all part of the daily landscape. Built in 2003—the newest duplex in the neighborhood—and backed by an established rental history, this is a property you can put to work today while keeping an eye on what comes next. Live in one. Rent the other. Build equity. And explore the possibilities of what comes next! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250713]
Courtesy: MORE Realty
503-353-6673
Charming NE Portland mid century duplex with tons of potential! Both units are vacant and ready for your vision. Featuring a 1 bed/1 bath and a 2 bed/1 bath, each with its own washer/dryer, storage, and yard. Attached garage and plenty of on and off-street parking. Bring your ideas and a little TLC to make this property shine. Live in one and rent the other, or refresh both units and take advantage of current market rents. Perfect for investors and owner-occupants alike! Nearby Montavilla shops and restaurants, Mt. Tabor Park, and convenient access to I-84 make this a great location for enjoying everything Portland has to offer. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252525]
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Brand new two residence multifamily investment opportunity in Southwest Portland’s Ashcreek Crestwood neighborhood, offering nearly 4,000 square feet of combined living space across two thoughtfully designed residences. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the property combines new construction appeal with a diversified unit mix designed to attract a broad tenant pool. The larger residence offers four bedrooms, three and a half bathrooms and approximately 2,087 square feet, including a main level bedroom that can function as flexible living or work space, a private patio and a generous interior layout. The second residence offers three bedrooms, two and a half bathrooms and approximately 1,860 square feet, highlighted by an attached garage, an increasingly desirable amenity in Portland new construction, along with a private patio and additional upstairs family room or flex space. Both residences feature open main level living areas, dedicated laundry and contemporary floor plans designed for everyday function and long term tenant appeal. Located near Multnomah Village, Gabriel Park, Dickinson Park and Barbur World Foods, the property offers convenient access to recreation, shopping, dining and major Southwest Portland routes. The differing four bedroom and three bedroom layouts broaden the potential tenant pool, while private outdoor spaces, dedicated laundry, flexible living areas and an attached garage on one residence provide the everyday features renters value. A compelling opportunity to acquire a brand new two residence investment property with differentiated floor plans, desirable amenities and less immediate maintenance and upkeep to worry about than many older multifamily properties.
Courtesy: Summa Real Estate Group
503-906-2606
Value-add opportunity in SE Portland's Brooklyn neighborhood with potential for a 6-bedroom, 4-bath duplex. This vacant property offers flexibility for an investor or house hacker ready to put in the work and create long-term value. One side is largely finished with 3 bedrooms and 2 bathrooms, hardwood floors, an updated kitchen, abundant natural light and original character. Some TLC is still needed, including completion of a currently gutted bathroom. The second unit is laid out for an additional 3 bedrooms and 2 bathrooms but requires significant finishing, creating an opportunity to complete the space and generate additional rental income. Live in one side while completing the other, or finish the project and position both units for rental income. Both units are vacant, allowing a new owner to begin improvements immediately. A large 1,107 sq ft unfinished basement, not included in the stated 2,376 sq ft, provides substantial storage and possible future use, subject to buyer due diligence. With a 92 Bike Score and 79 Walk Score, plus convenient access to the MAX Orange Line, public transit and nearby parks, the location offers connectivity throughout inner SE Portland. Based on a property management company's pro forma, projected annual gross income is approximately $50,000, with approximately $20,000 in projected operating expenses and $30,000 in projected net operating income, reflecting a projected 6.67% cap rate and 9.0 gross rent multiplier. Property is currently vacant with no actual rental income or operating history. Cash or rehab financing only due to current condition. Buyer to verify square footage, permitted uses, renovation requirements, rental projections and future use possibilities. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252548]
Courtesy: Metro Group Realty
503-341-5026
Close in Five plex located in a Great SE Portland location with a bike score of 97 and a walk score of 73. Close to Trader Joes, New Seasons, Reed College, Coffee shops and Woodstock shopping district. Located on the bus line. One unit is currently vacant and currently being remodeled. Great investment property with solid rental history. New roof 2024,newer vinyl windows and paint. Front unit is two bedrooms and has two fireplaces,finished basement area with access to two car garage. Large individual storage spaces in the basementas well as on site coin metered laundry. Locked owners work space in the basement. This property has been owned by the same family for years and they have taken well care of it. Do not disturb the tenants.
Courtesy: Summa Real Estate Group
503-906-2606
Turnkey income opportunity on the border of North Tabor and Rose City Park. This updated property offers two separate 2-bedroom, 1-bath living spaces, each with its own kitchen, laundry and comfortable living areas, creating flexibility for an investor or house hacker. Currently leased as two long-term rental units with a proven rental history, recent 12-month figures reflect approximately $39,874 in rental income plus utility reimbursements. Keep both units as rentals or explore future owner occupancy while using income from the second unit to help offset the investment.Extensively remodeled in 2022, the property features updated kitchens and bathrooms, newer appliances, a tankless water heater, mini-split heating and cooling, gas furnace, and newer interior and exterior paint. A new roof and radon mitigation system were added in late 2022, providing valuable improvements already completed for the next owner.Mature landscaping surrounds an oversized backyard with two covered patio areas, while a detached garage, spacious driveway and RV hookups add functionality. The detached garage also offers potential for a future ADU, subject to buyer due diligence and applicable requirements. Conveniently located near parks, restaurants, shopping and I-84 with easy access throughout Portland. Financial records and rental history available for buyer review [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202853]
Courtesy: Opt
503-908-4908
Set in one of NE Portland’s most vibrant pockets, just moments from the Dekum Triangle, this beautifully maintained property pairs classic Portland character with excellent income potential. Hardwood floors and inviting original details give the units warmth, while a remodeled kitchen and extensive system improvements add peace of mind, including a 2025 roof, updated electrical, PEX plumbing, and newer furnace and central AC systems. A long driveway provides ample off-street parking and leads to a detached shop, formerly a two-car garage with the potential to be converted back. Out back, thoughtfully designed outdoor spaces create a private setting for gardening, gathering, and entertaining, with a patio, stone paver garden area, and charming garden shed. Close to neighborhood restaurants, breweries, shopping, and entertainment, this is a standout opportunity for an investor or owner-occupant looking to put down roots in Woodlawn while generating income.
Courtesy: Lancefield Realty
503-807-6642
Charming multi-family building located in the heart of Irvington. Many long-term tenants. Convenient to Fremont shops and restaurants, walk to NE Broadway. The current annual income is $53,244.00. Please do not disturb the tenants.
Courtesy: Roffman Real Estate Investments, LLC
971-506-0502
Irvington Eight offers eight rental units in a 1910 building in Portland's Irvington Historic District. Very walkable and exceptionally bike-friendly, with a Walk Score of 71 and Bike Score of 99. Updated pictures and floorplan are pending. The three-story property combines six studio layouts and two one-bedroom layouts, with a mix of private and shared bathrooms. Unit interiors range from approximately 200 to 570 square feet. The building totals approximately 5,494 square feet, including 1,410 square feet of unfinished basement; approximately 4,084 square feet are above grade. Set on an approximately 5,000-square-foot lot with established landscaping, the property includes a detached one-car garage, driveway parking, shared laundry, basement storage units and common areas. Limited-access entry and a fire sprinkler system are additional features. Public water and sewer serve the property. The property has been operated with furnished B&B/Airbnb stays and longer-term rentals. The offering package presents a conventional-rental pro forma, providing a basis for evaluating the property's income potential. Scheduled annual gross income is projected at $118,600, with operating expenses of $50,404.60 and net operating income of $62,465.40 after a $5,730 vacancy allowance. At the $925,000 asking price, projected NOI represents a 6.75% pro forma capitalization rate. Detailed unit, income and expense information is available upon request. The building is identified as contributing to the Irvington Historic District.
Courtesy: Keller Williams PDX Central
503-548-4848
Fully occupied duplex offering a straightforward investment opportunity. Both units are currently on month to month leases and professionally managed, providing an investor with established rental income and a hands-off ownership structure from day one. Rents are just below current market levels at $1,575.
Courtesy: Windermere Realty Trust
503-220-1144
Lovingly restored 1907 Original Duplex! Owned by the same owner since 2001, and it was owner occupied (main floor unit) until about 5 years ago. So the main floor was enhanced with top of the line features and details. Extensive update list available upon request. Strong rental history with high retention due to impeccable condition and maintenance of property. Would be ideal for an owner-occupier or multi-generational set-up.Main floor unit is only available for viewing. Upper unit is rented, so please do not disturb that tenant. Viewing of upper unit will be available once offer is accepted with 48 hours given to seller (due to international travel).Separate gas, electrical & water meters.DO NOT DISTURB TENANTS!
Courtesy: KOR Realty
503-680-4371
Turnkey Portland Multi-Unit — 6.97% Cap Rate, Fully Occupied. Rare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.97% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.
Courtesy: Change Realty, LLC
503-310-6775
Rare opportunity to own a classic 1917 triplex in Portland’s desirable Kerns neighborhood! Situated on a prominent corner lot, this close-in property offers a versatile unit mix consisting of a studio, 1-bedroom/1-bath, and spacious 3-bedroom/1-bath residence—an excellent setup for an owner-occupant looking to offset housing costs or an investor seeking a well-located multifamily property. The unfinished basement provides abundant storage and offers potential for a common laundry area or additional shared space. Generous corner lot may also present future development or redevelopment possibilities—buyer to verify. Conveniently located just off Sandy Blvd with easy access to neighborhood restaurants, shops, transit, and the amenities of inner Portland. Quick connections to I-84 and I-5 make commuting throughout the metro area easy. A unique opportunity with multiple possibilities in a sought-after close-in location.
Courtesy: Opt
503-908-4908
Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack.
Courtesy: Cascade Hasson Sotheby's International Realty
503-420-8650
Amazing multi-family triplex with three units and detached individual storage in the desirable Hawthorne neighborhood! Two units are vacant and ready for the next owner to rent, update, or live in. Zoned CM2, the property could be repurposed for retail space. Incredible possibilities in one of the most sought after areas in Portland, with both high foot and vehicle traffic flow. Situated in the midst of dozens of businesses, from cafes, restaurants, salons, grocery stores, fitness studios, auto-repair, and more. 12 minutes from downtown Portland.
Courtesy: Windermere Realty Trust
503-284-7755
A duplex that lives like a home. Built in 1949, this distinctive mid-century duplex offers something increasingly hard to find: two move-in ready units, each with its own backyard, basement, attached garage and additional off-street parking. The units largely mirror each other, with approximately 1,551 square feet per side, including basement space. One bedroom and the full bath are conveniently located on the main floor, with a large second bedroom upstairs plus additional storage. Hardwood floors, generous living/dining rooms and large windows give the interiors a bright, comfortable feel. The kitchens are clean and functional with direct access to the backyard. For an owner-occupant, the setup is especially inviting. Live in one side with the room and privacy of a home while the neighboring unit provides income. The duplex also works well as a traditional investment or for buyers looking for a well-cared-for property in a close-in location. Recent improvements include a roof (approximately one year old), along with newer gas furnaces and central air conditioning. Tucked into the vibrant Hawthorne neighborhood, just blocks from restaurants, coffee shops and shopping, with bustling Division Street only a few blocks away. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252424]
Courtesy: Move Real Estate Inc
503-836-2010
Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.
Courtesy: 24/7 Properties
503-482-0500
Charming Duplex w/ upgrades! Two 2BR/1BA units. Both units are vacant, making them ideal for an owner-occupant or an investor. Lots of updates like Newer windows, roof, paint, and more. Showings are easy. Don't miss this rare opportunity!
Courtesy: Keller Williams PDX Central
503-548-4848
Hollywood District Craftsman duplex with options! Perfect for an owner-occupant or investor, the spacious main-floor unit lives like a home with newly refinished hardwoods, fresh interior paint, fireplace, office area, two generous bedrooms, and a killer dining room with original built-in hutch. The restored kitchen gets a fresh update with new quartz counters and flooring. Upstairs, refinished fir floors bring warmth and character to the bedrooms and delightful kitchen, complemented by an updated bath and plenty of storage. Unfinished basement with exterior entrance and high ceiling adds even more flexibility. Oversized garage + large driveway provide parking for up to 5 vehicles. Newer gas furnace and AC (2 yrs), roof (2014), fresh landscaping front and back, and all appliances included. Both units have washer/dryer units. Live in one, rent the other—classic Portland character in a prime Hollywood location.
Courtesy: H & H Preferred Real Estate
971-221-3109
INVESTORS—this updated duplex is a fantastic opportunity in a highly desirable close-in Portland location! Both units have been refreshed with updated kitchens and bathrooms, new LVP flooring, new carpet, and fresh interior/exterior paint. Major capital improvements include a new roof and new furnaces in BOTH units—helping minimize near-term maintenance concerns. Attached garage provides valuable parking and storage, while the fenced backyard adds additional appeal for tenants. Prime location within easy walking distance of shops, restaurants, cafes, transit and everyday amenities, plus just a short stroll to beautiful Laurelhurst Park. Strong rental appeal, excellent owner-occupant potential, and a turnkey addition to any investment portfolio. Live in one, rent the other, or lease both units and capitalize on this desirable location! Exceptional 92 Walk Score and 100 Bike Score—just minutes from shops, restaurants, parks, transit and everyday amenities, with Laurelhurst Park just a short stroll away. Buyer to verify ALL info!
Courtesy: White Star Realty, Inc
503-581-6042
Investors - Vacant units ready for market value rents in Overlook. Some possible updates to baths and original hardwood floors. Very well-appointed 1BR/1BA single level floor plans with kitchens, a nice living area, private backyard, and a full basement. Needs some TLC but well worth the effort. Portland is all yours with I-5 and max just minutes away. See Instructions
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Acquire a brand new townhome community in St. Johns, combining modern construction, private outdoor spaces and neighborhood convenience in a distinctive investment offering. A consistent layout across the community provides a practical foundation for leasing and property oversight. Open main levels connect kitchens, dining and living areas, while ample windows welcome natural light. Heating and air conditioning via energy efficient mini splits provide comfort throughout the seasons, while contemporary finishes and upstairs laundry hookups add everyday convenience and tenant appeal. Tray ceilings and private primary ensuites add architectural detail and comfort, while fenced patios and yard spaces extend the living experience outdoors. An end home offers a larger yard that wraps around the home, creating an additional point of distinction when leasing. The walkable, bike friendly setting places neighborhood coffee shops, independent stores, dining and food carts nearby. Cathedral Park and Pier Park provide outdoor recreation, while the St. Johns Bridge connects to Forest Park and Northwest Portland. New construction and builder warranty coverage add appeal for investors seeking modern housing with fewer immediate renovation needs. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be.
Courtesy: Portland Proper Real Estate
503-830-2326
Charming St Johns tri-plex would be perfect for a first time home buyer wanting to get into the investment market. Take advantage of the 3% down FHA owner occupied investment loan and start building wealth. Each of these cute units has your own separate outdoor space. Perfect for gardening, grilling, socializing or for pets. Property includes a large side yard - a great spot to put in storage sheds to increase income or additional yard space to offer tenants. Everyone has their own washer/dryer and good kitchens. 2 units with vaulted ceilings. A super sweet, well priced property close to downtown St Johns and the park. Quiet, tidy neighborhood.
Courtesy: Keller Williams Realty Professionals
503-546-9955
Stylishly finished detached ADU independent living, work space, and or a rental for income Downstairs, a permitted apartment with own entrance, kitchen, bath, and living space creates options for guests, extended family, rental income.Sunlight, character, and a remarkably flexible floor plan come together in this beautifully preserved 1923 Laurelhurst home. French doors, built-ins, hardwood floors, high ceilings, crown molding, and a fireplace reflect the craftsmanship and warmth of its era, while an exceptionally adaptable floor plan and all systems updated make it work beautifully for life today.The main level is both gracious and wonderfully livable, with generous gathering spaces, an entertainers dream. The remodeled in 2023 cooks kitchen includes an inviting eating area with french doors and plenty of room for the inevitable crowd that gathers there—for a quiet Sunday morning or Thanksgiving dinner.Inclds two bedrooms, two full baths, and a den that can easily serve as a third bedroom or home office. Above, a large space plus additional unfinished space offers another intriguing possibility: imagine a primary suite, additional bedrooms, studio, office—or something entirely your own.Step outside and there’s still more. OFF-street parking is accessed from the private street behind the property. Then there’s Laurelhurst itself. Laurelhurst Park just blocks away, with Hawthorne, Belmont, Division and SE 28th close for restaurants, coffee, shopping, theaters and neighborhood favorites. Mt.Tabor is close enough for an afternoon hike.85 Walk Score and 97 Bike Score, much of Portland is easily accessible without getting in the car.This is a house w history, but it isn’t frozen in time. It has room for family, friends, work, guests,and income.The sale of this home is contingent upon Seller closing on another property at the same time as this one.Artists home and all personal items are collectables and high end-one layer wallpaper over refinished walls easily painted.
Courtesy: Aetna Properties, Inc.
503-699-4732
Introducing Fircrest Apartments. The three(3) building, 2 story property is priced to sell and features spacious, larger-than-market units, ample onsite parking, and a community laundry room, with select units also offering the convenience of an in-unit washer and dryer. The property has also seen several significant capital improvements in recent years, including upgraded electrical panels, updated windows and doors, and renovated units featuring new cabinets and quartz countertops. The apartments boast a desirable unit mix made up of twenty-six(26) two-bedroom units and one(1) three-bedroom unit, comprising twenty-seven(27) total units. Unit sizes range from approximately 917 square feet to approximately 984 square feet on the three-bedroom unit. Situated on a low density ± 1.36 acre site. Desirable investment with mostly commercial spaces surrounding the property.
Portland is located in Oregon. 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.
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.
