Rare opportunity to own an original Cape Cod-style duplex in Ladd's Addition. It is an owner occupied duplex. Both units feature 2 beds and one full bath. One unit is occupied and the other is vacant. Each unit has a fireplace, one is gas and the other is wood burning. Formal living and dining rooms with built-ins in one unit, and each with its own basement. Both have hardwood floors, and one features a generous eat-in kitchen. Appliance included are: range/dishwasher/fridge/micro. Sellers have created office spaces in the basement. Situated just a few blocks from the Hawthorne and Division districts, with all they have to offer, such as cafes, wine shops, restaurants, grocery stores, and movie theatre. Units are mirror opposites ( see floor plans in photos ).
A rare opportunity to own the historic Nettie Krouse Fourplex in the heart of Buckman—offering the character of a 1910 Portland property with many of the major building systems already updated. Significant improvements include a new roof and gutters in 2022, copper plumbing, updated electrical, restored original windows, eco-friendly attic insulation and a restored detached 2-car garage, allowing the next owner to enjoy a vintage investment property with substantial capital improvements already completed.Individually listed on the National Register of Historic Places, the fourplex features two expansive 2-bedroom residences with additional upper-level bonus space and two spacious 1-bedroom residences. Original hardwood floors, historic windows and period architectural details preserve the craftsmanship and charm of the building, while generous basement areas provide excellent additional storage.Current rents total $8,800/month—$2,500 each for the larger units and $1,900 each for the smaller units—providing $105,600 in annual scheduled gross income. Situated on a beautifully landscaped 7,000 SF lot with outdoor spaces and a detached garage, all on a quiet, tree-lined street just blocks from Hawthorne. An exceptional opportunity to acquire a well-cared-for, income-producing piece of Portland history in one of the city's most desirable close-in neighborhoods.
Classic Portland charm meets an exceptional Nob Hill location in this inviting 1912 duplex. A welcoming wraparound porch sets the tone, with bay windows, hardwood floors, fireplaces and vintage details bringing warmth and character to two spacious residences. Enjoy Trader Joe’s just down the street and the superb restaurants, boutiques, cafés and coffee shops of NW 23rd just around the corner.The upper residence offers three bedrooms and two bathrooms, cosmetic updates, updated mechanicals, a private deck and in-unit laundry. The lower residence features two bedrooms and two bathrooms with generous living spaces. Each unit has its own exterior entrance and fireplace, while updated kitchens with gas cooking add everyday appeal. A shared rear patio and garden, basement storage, a new flat roof and four or more off street parking spaces round out this distinctive property. Both units are currently rented, including one with a long term tenant, offering an established rental history in a highly desirable neighborhood. An outstanding investment opportunity with future potential to live in one residence while collecting income from the other, subject to existing leases and tenant rights. Spacious units, architectural character and an exceptional location make this a special opportunity to own a piece of Northwest Portland.
Turnkey New Construction Investment Opportunity – Earth Advantage Platinum SE Portland. 3 separate 3 bed units. Rare opportunity to acquire a high-performance, design-forward rental asset in the heart of Foster-Powell. Boise Cottages features all-electric, Earth Advantage Platinum certified homes (HES 10, Net Zero Ready, Solar Ready) designed for long-term durability, low operating costs and strong tenant appeal. Each detached residence offers 1,359 sq ft with 3 bedrooms + loft/office and 2 full baths—an ideal layout for today’s renters seeking flexible living and remote work space. Premium finishes include Bosch appliances, induction cooktop, quartz countertops and modern cabinetry. Private outdoor spaces, dedicated yards and a shared courtyard enhance livability and leasing appeal. Built with high-performance windows, heat pump HVAC, energy-efficient systems, advanced air sealing and whole-house ERV ventilation—supporting reduced utility costs, improved tenant retention and minimized capital expenditures. Detached cottage configuration provides a competitive advantage over traditional townhomes, offering privacy and design differentiation in a supply-constrained submarket. Street parking only aligns with neighborhood norms while lowering maintenance obligations. This turnkey portfolio supports multiple strategies including long or mid-term hold or alternative rental approaches such as furnished or Padsplit, subject to buyer verification. Strong location with Walk Score 90 and Bike Score 99, minutes to shops, theater, Carts on Foster, Kern Park, pubs and transit. Pro forma rents estimated at $2,700–$3,000/unit (used $2,850 avg). Estimated NOI $71K with cap rate 4.18% and upside to 4.5% at stabilization. 15-year new construction rent control exemption. Portfolio opportunity available (3 units) 5498/5488/5484 SE Boise St. Buyer to perform all due diligence regarding rental income and financial performance. Open Houses Saturday and Sunday 12-3pm, or by appointment.
Fantastic investment opportunity in the heart of Woodstock! This well-maintained triplex features three 1-bedroom, 1-bath units in a highly walkable SE Portland neighborhood with strong rental appeal. Property updates include a new roof in 2026, vinyl windows, updated kitchens and bathrooms, and hardwood floors. Each unit has its own gas wall heater and separately metered gas and electric, with tenants paying their own utilities. Onsite laundry and individual locked storage areas add convenience for tenants. Alley access provides off-street parking at the rear of the property. RM1 zoning may provide additional development potential toward the alley for a buyer looking to maximize the property's long-term potential. Buyer to perform due diligence regarding development possibilities. Conveniently located near Reed College and Woodstock's shops, restaurants, grocery stores, parks, transit, and neighborhood amenities. A great opportunity to own an updated, income-producing property in a popular SE Portland location.
Rare fourplex investment opportunity in the heart of Montavilla! This unique property combines three brand-new, three-story residences with an existing single-level home. Each new construction unit offers approximately 1,401 square feet with three bedrooms, open-concept living, dining and kitchen areas, and a thoughtful multi-level floor plan. The existing 712-square-foot home provides an additional standalone residence, creating four total units and approximately 4,915 square feet of combined living space. An excellent opportunity for an investor, owner-occupant or multi-generational living arrangement in one of Portland’s most vibrant neighborhoods, conveniently located near Montavilla’s popular restaurants, shops, parks and transit. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10224251]
Rare opportunity to own a brand-new five-unit investment property in the heart of Sellwood-Moreland! The thoughtfully designed unit mix includes three 2-bedroom residences offering approximately 812 square feet each and two spacious 3-bedroom residences offering approximately 1,140 square feet each—approximately 4,716 total square feet. Each home features modern finishes, efficient floor plans and the low-maintenance benefits of new construction. Located at 2515 SE Tacoma Street, just steps from Westmoreland Park with walking paths, athletic fields, tennis courts, a nature-based playground and Sckavone Stadium. Enjoy convenient access to neighborhood shopping, dining, recreation and transportation. An excellent turnkey opportunity for investors seeking multiple income-producing units in one highly desirable location. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251129]
Prime investment opportunity in Portland’s highly desirable Kerns neighborhood! This quadplex features four rentable units with six total bedrooms, all currently occupied, offering immediate income potential. Ideally located in the heart of Portland near incredible restaurants, shops, entertainment, and public transit. Property amenities include a dedicated laundry room with coin-operated machines, individual storage units, plus a large additional storage room that could generate extra rental income or be reserved for owner use. A rare opportunity in an exceptional location!
Built in 2019, this SE Portland legal duplex offers a flexible configuration with three historically rented living areas. The approximately 2,000 sqft main dwelling is configured as separate East and West living areas, each with its own entrance, kitchen, one conforming bedroom and a large flex space. The two areas share a laundry space. East is vacant, providing an opportunity for an owner occupant or future rental, while West is rented month-to-month at $1,700 per month.The approximately 322 sqft studio is the property’s second legal dwelling and is currently leased at $995 per month. Features include nine foot ceilings, engineered hardwood floors, granite countertops, stainless steel appliances, abundant natural light, two private balconies and separate temperature controls for the larger living areas. An approximately 1,000 sqft garage provides substantial parking and storage, with additional off street and RV parking. A flexible opportunity for investors, multigenerational living or buyers seeking rental income to offset housing costs. 2025 financials and lease information are available
Classic Old Portland charm meets exceptional flexibility in this legal duplex, offering a 2-bedroom main-level residence and a spacious 1-bedroom upper unit. Perched above a quiet, tree-lined street, the home retains beautiful period details including leaded glass windows, hardwood floors, a woodburning fireplace, over-mantle sconces, clawfoot tubs, and a wide, welcoming front porch.Through the generous foyer, the main-level unit opens to the light-filled living room anchored by the cozy fireplace. An adjoining formal dining room creates an easy flow for entertaining, while tall windows bring in abundant natural light. The roomy kitchen offers plenty of space for cooking and gathering. Two bedrooms and a full bath complete the unit, with the rear bedroom providing direct access to the back deck.Upstairs, the separate 1-bedroom unit features a large, bright living room, spacious kitchen, and full bath, ideal for rental income, extended family, or multigenerational living.A tuck-under garage provides convenient covered access, while the full basement with high ceilings offers abundant storage and potential for additional finished space. Prefer a single residence? The two units can be reconnected by simply removing two interior doors.Great as owner-occupied residence while renting out upper unit. Two gas meters, two hot water heaters and two furnaces. Buyer to do their own due diligence to convert to single family residential to lower property tax.Conveniently located minutes from freeways, MAX and bus lines, shopping, groceries, coffee, and cafés, this character-rich duplex offers vintage Portland architecture, two distinct living spaces, and outstanding versatility. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251869]
Turnkey triplex offering an exceptional opportunity to add a well-maintained, income-producing property to your rental portfolio—without the significant work or deferred maintenance often associated with multifamily investments. Each of the three spacious units lives more like a townhome than a traditional apartment, thanks to the appealing split-level design with the living room and kitchen upstairs and bedrooms and bathroom downstairs. The layout creates excellent separation between living and sleeping spaces while giving each unit a comfortable, house-like feel. Each unit also has its own private deck, garage, and additional off-street parking, while the large lot and quiet grassy backyard provide plenty of outdoor space. The property has been carefully maintained and updated, including newer exterior paint and updated flooring and carpet in many areas. All three units are occupied by clean, established tenants, providing immediate rental income and a smooth transition for the next owner. Unit 205 was previously an owner’s unit and features additional upgrades including a mini-split HVAC system with air conditioning, stainless steel appliances, a wonderfully remodeled bathroom and upgraded flooring. Large bay windows bring abundant natural light into the spacious living areas. Located on a nice block near Burnside Avenue and MAX light rail access, the property combines convenience with a quiet residential setting. With no significant work needed, strong existing tenancy, individual garages, spacious townhome-style floor plans, and potential for future rent increases, this is a rare opportunity to acquire a truly turnkey triplex that is ready to perform from day one.
Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages—parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it’s own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units. Home Energy Score = 9. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10251795
12231 SE Bush Street, The Shire II, presents the opportunity to acquire a 2009 vintage apartment complex in Southeast Portland at the low cost basis of $137,500 per unit, or $138 per square foot. The property is a 20-unit apartment complex built in 2009, offering a uniform unit mix of large 2 Bed / 2 Bath apartments averaging approximately 1,000 square feet. The spacious floor plans, second bathrooms, and on-site parking provide a highly livable tenant experience and help support resident retention. Additionally, each unit includes a deck or patio space, storage, and in-unit washer and dryer. From a physical standpoint, the 2009 construction and copper plumbing materially reduce near-term capital exposure compared to older vintage assets.The asset offers investors a clear and straightforward value-add strategy to achieve over a 8.15% stabilized market cap rate and real value creation. With current rents well below market, natural rent increases and modest utility billbacks can meaningfully improve NOI without heavy CapEx. Located in Southeast Portland, the property benefits from access to nearby commercial corridors, neighborhood amenities, and major transportation routes connecting tenants throughout the eastside and broader Portland metro.The combination of newer construction, desirable unit layouts, practical on-site amenities, extremelyattractive cost basis, and clear value-add upside makes The Shire II a highly compelling Portlandmultifamily offering.
Well-located 8-unit apartment investment offers a unique mix of historic character and newer construction in Portland’s desirable Sellwood neighborhood. The property includes two fully renovated units within the original 1906 residence, complemented by six townhome-style units constructed as part of the property’s redevelopment.The unit mix consists of three 2-bedroom/1.5-bath units, three 1-bedroom units, and two studios. Situated at the corner of SE Sherrett Street and SE 21st Avenue, directly across from Johnson Creek Park, the property benefits from a quiet residential setting, ample street parking, and an attractive neighborhood and park-like atmosphere.
**Unique Triplex** Includes BOTH a duplex and a detached house which are combined on one tax lot as a triplex. House and one of the duplex units are rented--the additional duplex unit is vacant and ready! Parking spots on the property, with a carport on the back unit. Some upgrades are already done! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251738]
A fantastic opportunity in Portland, this versatile duplex offers two spacious units, each with its own attached garage, in-unit laundry, and fireplace. One side features three bedrooms and one and a half baths, while the second offers two bedrooms and two full baths, giving each unit a comfortable and functional layout. Private garages and separate living spaces add convenience and flexibility, whether you’re looking to expand your investment portfolio, live in one unit while renting the other, or create a multi-generational setup. With features that are hard to find in a duplex, this property offers plenty of possibilities and long-term potential. Additional income could be generated with the 3rd stand alone garage. Home has a newer roof, HVAC and hot water heater.
OWNER CARRIED FINANCING AVAILABLE WITH GREAT TERMS AND ECONOMICS. Prime Investment Opportunity at 16 SW Porter Street will not last long on the market with a $237,317 Net Operating and a 6.78% Capitalization Rate is a Fantastic Property to add to your Portfolio. This 32 Unit Apartment Complex with 31 - studios and 1 - 1bedroom / 1 bathroom is a Solid Investment Opportunity in the Heart of the Caruthers Neighborhood. Attractive Owner Carried Financing with many options. We can provide additional information on the owner carried contract availability. Most of the tenants are under a Year Lease with 6 tenants on a month to month tenancy. NEW MEMBRANE ROOF AS OF AUGUST 21, 2026 AND A NEW ENERGY STAR WATER HEATER SYSTEM INSTALLED AUGUST OF 2026. Solid rental history with many Long term Tenants. All tenants are individually metered. The Apartment Complex does have a Coin Op Washer and Dryer that Brings in an additional $5732 plus a year to add to the investment bottom line. Please feel free to drive by the apartment complex but please do not disturb the tenants. All Purchase Agreements shall be written " Subject To Interior Inspection " . There are No Signs on the property or building.
Fantastic duplex opportunity on a desirable corner lot in a quiet NW Portland neighborhood. Featuring two separate units at 13345 & 13349 NW Westlawn Terrace, each unit offers 2 bedrooms, 1 bathroom, and approximately 750 square feet of living space and a 2 car garage. This well-maintained property features a newer roof and nicely manicured grounds, providing a great foundation for its next owner. A cosmetic fixer opportunity, it offers the potential to update and add value while creating an attractive investment property or owner-occupied residence with rental income. Conveniently located near shopping, dining, parks, and everyday amenities, with easy access to the Silicon Forest, Portland's tech corridor. Whether you're an investor looking to build equity or a buyer seeking the flexibility of living in one unit and renting the other, this property offers an excellent opportunity in a desirable location. Unincorporated WA County Low Taxes.
Princeton Court is a 10-unit apartment community at 8045 N Princeton St, two blocks off the St. Johns town center. Every unit is the same 810 SF two-bedroom, one-bath floor plan with in-unit laundry and dishwasher, and the property is 100% occupied on a mix of fixed-term and month-to-month leases. Tenants reimburse water, sewer, and trash, and the building carries an unusually low-maintenance shell: a Duro-Last flat roof with lifetime warranty, on-demand gas hot water, solar thermal panels, insulation, and energy-efficient windows.The trailing twelve months produced $133,936 of NOI, a 7.44% cap rate on the asking price with zero vacancy. The upside is already proven in-house: one unit rents at $1,858 while four sit between $1,449 and $1,500, so a buyer reaches the $1,850 market rent, 16.8% above the current average, through ordinary turnover rather than renovation risk. A non-revenue basement studio offers additional future income.
Experience the best of Sellwood in this exceptional 1905 Craftsman plus 2013 yr built updated Duplex unit, beautifully updated while preserving its irreplaceable historic character. Original clear fir floors, paneled, tongue-and-groove walls, picture molding, & a welcoming front porch reflect the home’s timeless craftsmanship. The gracious main level flows from an expansive living room & spacious dining area into a new chef’s kitchen featuring quartz countertops, custom cabinetry, high-end stainless-steel appliances, & an oversized island. An office/bedroom, sunroom, mudroom, utility room, and full bath complete the main floor. Upstairs are three generous bedrooms and two full baths, including an en-suite, plus a walk-in closet plus large bonus room space. The main bath offers both a shower and original clawfoot tub. The versatile lower-level includes an oversized finished two-car garage, additional single garage, workshop, storage room, light-filled craft room, and accessible utility and storage areas. Built in 2013, the fully permitted 1,031-square-foot second residence offers exceptional privacy with its own entrance, open-concept great room, full kitchen with island & high-end appliances, one bedroom, office area, walk-in closet, en-suite bath, & washer/dryer. Previously rented for $3,300 per month, it is ideal for multigenerational living, guests, a home office, or income. Outdoors, extensive decking overlooks the golf course and river, while grapevines, fruit trees, mature flowering gardens, a fenced yard, lawn, and 2 storage sheds create a private retreat. Across from Waverley Country Club and just blocks from Sellwood’s restaurants, coffee shops, parks, and the Willamette River-a rare combination of historic architecture details, modern luxury, flexibility, and location.
Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.
Excellent Duplex Investment Opportunity! Well-maintained duplex featuring a beautifully updated unit at 3013 SE Francis and a long-term tenant in 3015 SE Francis. 3013 unit has been extensively refreshed with brand-new LVP flooring, interior paint, modern light fixtures, new full height kitchen cabinets with soft-close doors and drawers, tile backsplash, and quartz countertops. An All-in-One Washer/Dryer combo unit adds convenience and appeal. Both units feature new 200-Amp electrical panels, providing an important recent system upgrade. 3015 SE Francis has been occupied by a long-term tenant since 2018, demonstrating excellent rental history. Rent will be $1,607/month effective October 1, 2026. Please do not disturb the tenant. Ideal opportunity for an investor looking for a duplex with one updated, move-in-ready unit and a stable long-term rental. Buyer to perform their own due diligence. Offer subject to interior inspection. Sellers to do 1031 exchange at no cost to the buyer. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242362]
Rare opportunity to own an income-generating property with two detached homes on a spacious 13,000 sq ft RM2-zoned lot in desirable SE Portland. The 1,944 sq ft duplex offers two separate 2-bedroom, 1-bath units, plus a 964 sq ft unfinished basement. The second home provides approximately 1,682 sq ft with 3 bedrooms, 2.5 baths, and an additional 864 sq ft basement. Both homes feature fully fenced yards and share a detached three-car garage, with one space for the duplex and two for the second home. RM2 zoning provides future development flexibility, including potential for a larger, multi-story multi-dwelling project, subject to zoning requirements and buyer verification. An excellent opportunity for investors, owner-occupants, or multi-generational living, with multiple avenues for rental income and long-term growth. Conveniently located just six blocks from New Seasons Market and Clinton Community Garden, with nearby restaurants, coffee shops, parks, and neighborhood amenities. A rare SE Portland property offering immediate income potential, flexibility, and future development possibilities.
Rare new construction multifamily opportunity in SE Portland! This thoughtfully designed four-unit property offers modern construction, quality finishes, energy-efficient systems, and desirable features throughout, making it an excellent opportunity for investors or owner-occupants. Each residence features a functional two-level layout with stylish LVP flooring on the main level, contemporary kitchens with quartz countertops, islands/eatbars, stainless steel appliances, and convenient in-home laundry. Upper levels offer comfortable bedrooms with wall-to-wall carpeting, generous walk-in closets, and well-appointed bathrooms, including private ensuites in select units. Dining areas feature sliding doors opening to private outdoor spaces, while fully fenced yards and patios provide valuable outdoor living space. An impressive attic area with vaulted ceilings and a large skylight adds versatility and natural light.Built for comfort, performance, and energy savings, these Energy Trust of Oregon EPS Certified and ENERGY STAR® certified homes are designed to be approximately 27–30% more energy efficient than homes built to current Oregon code. Features include a tight building envelope, R-23 blown-in blanket fiberglass wall insulation, high-efficiency ductless heat pumps, ENERGY STAR® appliances, a high-efficiency heat pump water heater, and an Energy Recovery Ventilation (ERV) system that continuously supplies fresh outdoor air while improving indoor air quality. ENERGY STAR® bath fans provide quiet operation, while third-party inspections and performance testing help ensure efficiency and quality. All-electric and solar-ready, these homes offer lower utility costs, modern energy-efficient systems, private outdoor areas, and low-maintenance living in a thoughtfully designed new construction community. Buyer to verify all information, dimensions, permits, zoning, and applicable development requirements. Very close to Division and local attractions.

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.