Courtesy: Pounder Realty LLC
503-680-4638
Well located 17 unit apartment community in close-in SE Portland. Long term owner who will 1031 exchange. Real hardwood floors in charming units will history of high occupancy. 88 walk score and off street parking. New asphalt and interior upgrades. Please do not disturb residents.
Courtesy: Keller Williams PDX Central
503-548-4848
Well-maintained duplex offering an excellent investment or owner-occupant opportunity. Each unit features an attached one-car garage, two spacious bedrooms, and one and a half baths. A versatile bonus room in each unit provides flexible use as an office, den, or potential non-conforming bedroom. Functional floor plans with private entrances, ample storage, and convenient garage access enhance livability. Ideal for rental income, multigenerational living, or living in one unit while renting the other. Conveniently located with easy access to nearby amenities, schools, and commuter routes. New roof & sewer line in 2023. New water heater in unit 12530, sod installed, and gutters repaired and cleaned in 2024. Unit 12528 is on a month to month lease and 12530 is on a one year lease that began in May 2026. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10213424]
Courtesy: Knipe Realty ERA Powered
503-445-7660
Two homes on one tax lot in Portland's John's Landing corridor is not a common inventory event. In this zip code, that structure rarely surfaces. This is a real window of opportunity.The primary residence runs 2,600-plus square feet across three levels. Main floor delivers hardwood, a gas fireplace, and 20-foot ceilings with floor-to-ceiling windows. Primary suite is on the main level, ensuite with walk-in shower. Two additional ensuite bedrooms and a dedicated office upstairs. The rooftop terrace has unobstructed territorial views and a direct Mt. Hood sightline.The corner structure is a fully separate 1,100-square-foot, two-bedroom, one-bath residence with independent access. This is not a basement conversion. It is a standalone second home on the same RM1-zoned tax parcel, which carries real implications for financing strategy and long-term asset flexibility.OHSU's main campus is under one mile via Terwilliger. South Waterfront tram terminus is under 10 minutes. Willamette River trail access is direct. I-5 via Barbur puts downtown Portland under 8 minutes off-peak.At $839,900 across 3,718 square feet of livable space in two structures, the blended cost is $226 per square foot. Factor in the income offset capacity of the second unit and the data-driven value becomes operational, not speculative.This asset is built for a long-term ownership strategy. If that fits your objective, contact your agent before the next price adjustment resets the conversation.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Located in Portland’s highly desirable St. Johns neighborhood, this offering represents a rare new-construction cottage cluster consisting of 11 detached homes on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility, simplified management, and strong resale optionality—either as a portfolio hold or future individual dispositions, subject to buyer strategy and local regulations. Purpose-built for efficiency and durability, each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner, offering confidence in construction quality, design execution, and long-term performance. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin’ To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. Overall, this asset delivers a compelling combination of detached new construction, efficient mechanical systems, walkable neighborhood amenities, and flexible ownership structure, making it well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland’s most established submarkets.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti’s Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.
Courtesy: Li Lanz Properties, LLC
503-936-4154
Modern dual-dwelling property built in 2018 offering exceptional flexibility and income potential. The main home features 4 bedrooms, 2.5 baths, and 1,572 sq ft of well-designed living space with solid surface countertops, a spacious primary suite with dual sinks and a walk-in closet, private patio, and attached garage. The detached ADU provides an additional 754 sq ft with 2 bedrooms, 1.5 baths, washer/dryer hookups, its own patio, and a dedicated garage, ideal for extended family, guests, or rental income. This property presents a rare investment opportunity with multiple use options: multigenerational living, owner-occupy one unit while renting the other, or lease both units for maximum return.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Unlock a classic Buckman investment opportunity with this fourplex at 1705 SE Morrison St, set on an elevated corner lot in one of inner SE Portland’s most sought after close-in neighborhoods. Originally built in 1890, this character property offers four units under one roof; three are one bedroom, one bathroom, and the fourth is a studio with one bathroom, creating a versatile mix for steady tenancy and broad renter appeal. Two of the main level units feature high ceilings that enhance light, volume, and livability. All four units are currently tenant occupied, providing immediate in-place rental income from day one. Tenants are on a mix of terms and rent levels, reflecting strong demand for housing in this close-in SE location. Please do not disturb tenants; showings are subject to accepted offer and scheduled access. This property works for an investor seeking stable income, an owner occupant pursuing a house hacking setup, or a long term hold in a high demand rental area. The corner orientation brings in great natural light and outlooks over mature trees and neighboring vintage homes, while the raised site adds privacy and presence above the street. Wide concrete steps lead up from the sidewalk to the main entry. A full basement with exterior access provides additional storage for bikes, seasonal items, or building supplies; it is plumbed with a toilet and, with work to finish it, may offer potential for a fifth unit or expanded space (buyer to verify feasibility with the City). Property is served by gas heat; buyer to verify. One off street parking space at the back of the property adds extra convenience in this popular SE location, with shops, cafés, transit, and neighborhood amenities all within easy reach.
Courtesy: Alternative Realty
541-726-0400
Fantastic development/ investment/owner occupant/urban farm opportunity on the Williams Corridor. Sale includes two tax lots. R308691 (.09 acres) contains a ground level store front/retail spaced currently leased as a bar; the upper residential duplex has two spacious 2-bedroom residential units. Possible 3rd bedroom in unit B. Adjacent parcel R308690 (.07 acres) is an undeveloped corner lot with an agricultural tax exemption based on current use as Fargo Forest, an urban farm and education space. Development package and floor plans available. Do not disturb tenants or walk on the property. Cross listed as commercial listing #776426559
Courtesy: Berkshire Hathaway HomeServices NW Real Estate
503-624-9660
This property is currently used as a church facility. Located in the heart of the N Vancouver district between N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland’s most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see land listing #324731957. See attached Developer’s Package. City of Portland Zoning information link is also attached shown as "Other".
Courtesy: Crestview Realty, LLC
503-729-8208
Great location on bus line. Fully rented. All 4 units are in good shape and 2 units are recently upgraded. New roof installed in 2024. New stairs. New washer and dryer in 2 units. Professionally managed. Tenant occupied, please do not disturb tenant. Please submit offer subject to interior inspection.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Rare opportunity to acquire a fully completed 15 unit cottage cluster at 3246 SE 115th Ave in Portland’s Powellhurst Gilbert neighborhood, purpose built for long term rental performance. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making it a compelling addition to any portfolio. The unit mix includes 2 bedroom, 2.1 bathroom and 3 bedroom, 2.1 bathroom homes ranging from 894 to 970 sqft. Each home is individually metered with no shared walls, enhancing tenant privacy and allowing clean utility pass throughs. Energy efficient mini splits provide heating and cooling in every unit, helping control operating costs while supporting tenant comfort and retention. Modern construction and systems help reduce near term capital expenditure needs compared to older vintage multifamily assets. Site features include five off street parking spaces, private patios, and layouts designed for strong rental appeal. Proximity to Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, Starbucks, local cafés, Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park further supports strong and stable rental demand. With full site control, no HOA complications, and middle housing of this scale increasingly rare under current zoning, this is a turnkey, low maintenance multifamily asset in a high demand SE Portland location.
Courtesy: Windermere Heritage
503-639-7914
Full of charm and opportunity, this classic Victorian triplex in Southeast Portland offers both investment potential and character. The property features two main-level units plus a spacious upper-level unit, with a combined total of just over 3,100 square feet. All three units are currently occupied. A sweet and private backyard provides a rare retreat in the heart of the city. Located in the highly desirable Buckman/Belmont area, the property offers exceptional walkability, easy access to public transportation, and a vibrant mix of entertainment, dining, and shopping just outside your door. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this triplex offers a flexible and rewarding investment in a fantastic location.
Courtesy: Richard Ballew Realty
503-314-6150
7.36% CAP RATE LEGAL TRIPLEX FULLY REMODELED EXCEPTIONAL LOCATION STRONG RENTAL HISTORY A rare opportunity to own a legal triplex in one of Southwest Portland's most desirable locations. Did you know residential financing is available for properties with up to 4 units? If purchasing as a primary residence you may be able to live in one unit and rent out the others. Ask your lender for details and qualification requirements. Offering an estimated 7.36% capitalization rate, low annual property taxes of $6,214.72, beautifully remodeled units, and an outstanding rental history. Perfectly positioned just 1.8 miles from Historic Council Crest Park—Portland's highest point and one of the city's premier scenic destinations—the property also enjoys close proximity to OHSU, downtown Portland, major employers, shopping, dining, and public transportation. Each unit has been thoughtfully updated and includes its own washer and dryer, a highly desirable amenity that enhances tenant satisfaction and marketability. Additional improvements include new electrical meters, further enhancing the property's long-term functionality and appeal. For investors seeking stable cash flow, the combination of low operating expenses, quality renovations, excellent tenant demand, and a premier Southwest Portland location creates a compelling investment opportunity. Rare Bonus Opportunity: An adjacent vacant lot is available for purchase either separately or together with the triplex, providing additional flexibility for future expansion, investment, or development potential. Buyers should perform their own due diligence regarding permitted uses and development possibilities. This property offers an outstanding combination of location, quality, and income potential that is seldom available. SELLER RATE BUYDOWN AVAILABLE: Seller is willing to entertain a mortgage rate buydown to help reduce the buyer’s interest rate and monthly payment, subject to acceptable terms and lender approval.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland’s highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors. The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal. Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today’s work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts. All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84. Nearby amenities include Montavilla Brew Works, Roscoe’s, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home. This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today’s market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland’s most consistently desirable neighborhoods.
Courtesy: Redfin
503-496-7620
Exceptional Sellwood/Moreland 5-Plex with Rare Development Potential. An incredible opportunity in one of Portland’s most desirable rental markets. This well-maintained, income-producing 5-plex sits on an oversized RM1-zoned lot, offering multiple paths for both immediate and long-term upside. The unfinished basement offers a strong value-add opportunity, with a layout well-suited for conversion into a 6th dwelling unit (buyer to verify), potentially increasing annual income by more than 20%. The spacious lot and RM1 zoning open the door to future redevelopment, with potential to add up to 10 new units under current code (buyer to verify). Investors and developers alike will appreciate the rare combination of strong in-place income and significant expansion potential within this high-demand, walkable neighborhood. Recent exterior upgrades include fresh paint (August 2025) reinforced fire escapes, low-maintenance landscaping, featuring open grassy areas and outdoor spaces enjoyed by tenants. Close to parks, schools, boutique shops, and public transit, this property stands out as a prime candidate for portfolio growth or redevelopment in the heart of Sellwood/Moreland. Please do not disturb tenants. All offers subject to interior inspection.
Courtesy: Windermere Realty Trust
503-636-5000
Charming duplex in the heart of the Reed College Neighborhood with a nearly 6% cap rate and room for improvement. Upstairs unit is 4 bedrooms/2 bath with a brand new deck, hardwood floors, gas fireplace & extensive recent improvements including new appliances. Lower unit is 2 bedroom/2 bath and remodeled in 2011. Both units have laundry. All siding was just replaced & painted. Great rents and extremely low vacancy rates. Please do not disturb tenants and make offers subject to interior inspection. Upper (larger unit) is on a lease through March 2027, lower unit was just vacated 7/1/26. Operating expenses do not include property management fee of 6%.
Courtesy: ELEETE Real Estate
503-292-1500
Incredible investment opportunity in the heart of SE Portland’s vibrant Lents neighborhood! This multi-family property features a charming 2-bedroom Craftsman home built in 1912, showcasing original character with arched doorways, built-ins, and hardwood floors. Tucked behind it sits a modern duplex built in 2020—each side offering 2 bedrooms, 1.5 bathrooms, and private off-street parking. House and duplex come with an assumable 5.125% loan and City-approved building plans for a total of 7 units. Whether you’re looking for strong rental income, multi-generational living, or an owner-occupy opportunity with passive income potential, this property checks all the boxes. Minutes to parks, shops, and transit. Buyer to do their own due diligence. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243201]
Courtesy: Vitality Home Realty
503-260-1003
PRICE REDUCED!!! Built in 2024, Spud Duplex consists of one 2-bed/2-bath unit and one 3-bed/2-bath unit totaling 2,184 SF. Perfect for an owner-occupier or an investor looking to lease a quality asset.Spud Duplex offers modern construction with minimal immediate maintenance needs, making it ideal for upscale rentals or owner occupancy. This turn-key opportunity features spacious townhouses equipped with modern amenities and high-end finishes. Located in the heart of the desirable Johns Landing neighborhood in South Portland, the property provides convenient access to OR 43 (S Macadam Ave) just blocks away, and is minutes from downtown Portland, I-5, and OR 99W (SW Barbur Blvd). With a Walk Score of 79 and a Bike Score of 83, the area is highly walkable and bikeable, offering proximity to parks, trails, schools, local eateries, and a variety of other amenities. Residents will enjoy the convenience of nearby grocery stores, restaurants, cafés, and retailers, with Macadam Market and Macadam Village located less than half a mile away.
Courtesy: KJK Properties PC
503-772-8825
Beautiful plex Opportunity in the Heart of Richmond. Rarely available! This charming plex has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. Property Highlights:Updated roof and separate electrical meters. All units share water, sewer, and garbage. Inviting shared yard, grand front porch, and stately common entrance. Attached garage currently rented with Unit C. Comprehensive financial records available. Ins $4092, h20 $3192, Garbage $720, lawn $2340 per year.
Courtesy: Acquire Properties
503-267-7586
Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms & the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify all information. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don’t miss out on this versatile and high-potential property! Ps. Seller requests to use OREF forms.
Courtesy: John L. Scott
503-624-2900
Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you the option to move in and let the other tenants help pay your mortgage, or set your own rent.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Own a rare portfolio of 9 buildings and 121 units, featuring a dynamic mix of townhomes, apartments, and retail spaces. Built between 2023–2025 with high-end finishes throughout, this collection offers strong diversification, modern design, and exceptional tenant appeal. The properties are strategically located across some of Portland’s most sought-after neighborhoods, including the iconic Alberta Arts District, vibrant Hollywood, and the scenic South Waterfront. A prime opportunity to bolster your investment portfolio with a substantial stake in Portland real estate.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Introducing a rare chance to own a newly constructed 32-unit apartment building with 2 retail spaces in one of Portland’s most vibrant and walkable neighborhoods—Alberta Arts. This premier asset blends modern design, long-term durability, and wide-ranging rental appeal, making it a turnkey opportunity for seasoned investors or those looking to grow their portfolio. The building offers a desirable unit mix, from efficient studios to spacious two-bedrooms, each thoughtfully designed with stylish, contemporary interiors. A sleek modern exterior, elevator access, and a welcoming outdoor common area enhance both tenant satisfaction and curb appeal. Located steps from local favorites like Pine State Biscuits, Gumba, Great Notion, and a wide array of art galleries, shops, and eateries, this property sits at the epicenter of culture and convenience. With a strong Walk Score and bike-friendly streets, it's perfect for tenants seeking a connected, car-free lifestyle. Don’t miss the opportunity to secure a top-tier multifamily asset in the iconic Alberta Arts District.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Exceptional investment opportunity in Portland’s coveted North Tabor neighborhood. This newly constructed 16-unit apartment building, completed by a respected local builder, offers modern design, long-term durability, and broad rental appeal. With a proven rental history and low-maintenance construction, this turnkey property is ideal for both seasoned investors and those looking to expand their portfolio. The building features a desirable mix of thoughtfully designed units, allowing for flexible leasing and strong occupancy rates. Stylish, contemporary finishes throughout the interiors and a clean, modern exterior enhance tenant satisfaction and curb appeal. Secure entry and well-maintained common areas contribute to tenant comfort and building integrity. Set in the heart of North Tabor—a neighborhood prized for its close-in convenience, tree-lined streets, and easy access to transit, parks, and vibrant local businesses—this location places tenants near the MAX light rail, Providence Portland Medical Center, and popular spots like Tabor Bread, Coquine, and the Montavilla dining and shopping scene. With a strong Walk Score and bike-friendly streets, this area is ideal for tenants seeking a connected, car-free lifestyle. Enjoy the stability of a high-demand rental location, paired with the ease of a well-executed new build. Don’t miss this rare chance to own a premium multifamily asset in one of Portland’s most sought-after close-in Eastside neighborhoods.
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.
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.
