Courtesy: RealtyNET, LLC
800-883-6905
Turnkey, fully vacant triplex directly across from Oregon Health & Science University (OHSU) — Portland's largest employer — and the VA Medical Center. Positioned to capture the high-demand furnished mid-term rental market for traveling nurses, medical residents, and hospital staff. Lean expense structure with electric separately metered and water/sewer/trash billed back to tenants. Includes a large exterior-entry storage room with potential to convert into a spacious 4th unit.
Courtesy: Realty First
503-343-5825
Excellent Investment Opportunity in the Highly Desirable Waverleigh Heights Neighborhood!This well-maintained, single-level 2,783 SF triplex, built in 1958, has been owned by only two owners since it was constructed—a rare opportunity to acquire a pride-of-ownership property in one of Southeast Portland's most sought-after neighborhoods.The property features one spacious 2-bedroom, 2-bath unit complete with a mini-split heating and air conditioning system, cozy fireplace, private fenced backyard, and an attached 2-car garage. The two additional units each offer 1 bedroom and 1 bath, providing an excellent mix of unit sizes for a variety of tenants.All three units feature hardwood floors and full individual basements with washer/dryer hookups, offering abundant storage and added convenience. The property's solid construction, timeless layout, and desirable location make it an attractive long-term investment opportunity.The property offers a 4.5% capitalization rate with current gross annual income of $56,340 and a Net Operating Income (NOI) of $37,159, providing investors with immediate income potential and long-term appreciation opportunity in a highly desirable Southeast Portland location.Ideally located just minutes from Cleveland High School Field, nearby bus lines, and the shops, restaurants, and everyday conveniences along SE Powell Boulevard, this property also offers easy access to downtown Portland and surrounding neighborhoods.Whether you're looking to expand your investment portfolio or own a quality multifamily property in a prime Southeast Portland location, this exceptional Waverleigh Heights triplex is an opportunity you won't want to miss.
Courtesy: Matin Real Estate
503-447-3599
Brand-new 5 2-story townhomes offering 2 bedrooms, 2 baths, and a modern open-concept layout each. The main level features durable luxury vinyl plank flooring throughout the living, dining, and kitchen areas. The living room opens through sliding glass doors to a covered patio, extending the living space outdoors. The kitchen showcases beautiful wood cabinetry, quality finishes, and an efficient layout designed for everyday living.Upstairs, you'll find both bedrooms with wall-to-wall carpeting. The primary suite includes a private ensuite bathroom, while an attic provides valuable additional storage—a rare feature for a townhome.Built for comfort, performance, and energy savings, this Energy Trust of Oregon EPS Certified and ENERGY STAR® certified home is 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, and third-party inspections and performance testing ensure the home's efficiency and quality.This all-electric, solar-ready home offers lower utility costs, modern energy-efficient systems, and low-maintenance living in a thoughtfully designed new construction community. Lockbox is tied around a tree. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250539]
Courtesy: Think Real Estate
503-847-2722
Just blocks from the vibrant Roseway Business District - home to neighborhood favorites like Mom & Pop Wine Shop, Pizzaria Otto, Burrito Azteca, ReRun, and more - this stately Craftsman presents a rare opportunity for investors, owner-occupants, or those seeking flexible multigenerational living. Currently configured as a legal triplex, the property also offers the unique ability to combine the two upper units into a single residence. Recent updates include beautifully refinished hardwood floors, new carpet, and fresh interior paint throughout. The main-floor residence lives large, featuring an elegant formal living room and dining room, a spacious kitchen, a versatile den, a generously sized bedroom, and a hall bath complete with a classic clawfoot tub. Abundant natural light fills the home, while the welcoming front porch provides the perfect place to relax and enjoy the neighborhood. Accessed by a private exterior staircase, the upper-level unit opens to a spacious foyer and includes a bright living room, two bedrooms, and an updated kitchenette. Downstairs, the expansive lower-level unit offers durable plank flooring, a large open-concept kitchen and living area, and one bedroom. Outside, you'll find ample space for gardening, entertaining, and off-street parking thanks to the oversized rear parking pad and patio area. Whether you're looking for rental income, a place to put down roots with extended family, or a combination of both, this exceptional Roseway property offers endless possibilities.
Courtesy: The Group Real Estate Services
503-595-4747
Great cash flow on this long term owner's duplex near Multnomah Village. Ready to pass the torch - and it is ideal for hand's off investor or Owner-occupant buyer. Both units are currently occupied. Both units currently qualify for a legal 9+% rent increase per Portland Ordinance, and both are month to month. Water and sewer is paid by Tenant - each side is individually metered. Won't last!
Courtesy: Real Broker
855-450-0442
Extensively updated R2.5-zoned duplex in the heart of Kenilworth offering immediate income and future potential. This property blends modern updates with classic Portland charm. The main-level residence features 2 bedrooms, 1 bath, hardwood floors, an open-concept kitchen with quartz countertops, stainless steel appliances, and in-unit laundry. Upstairs, the light-filled 1-bedroom, 1-bath residence also offers hardwood floors and its own washer and dryer, plus ample storage. Recent improvements include mini splits, backyard landscaping, paver patio/driveway, fencing, and a clean basement with separate entrance ready for storage, possible workspace, or future development. Both units sold furnished. Great opportunity for an owner-occupant to supplement with rental income, or for an investor to lease out. This property offers exciting possibilities for future expansion. The basement presents potential for additional living space, while the generous backyard may provide opportunities for further development, including a detached ADU or other uses permitted under current zoning (buyer to perform all due diligence with the City of Portland).Whether you're looking to house hack, grow your investment portfolio, maximize long-term value, or accommodate multigenerational living, this rare property offers a level of flexibility and future potential rarely seen.Located just minutes from Gladstone, Division, Clinton, and Woodstock, parks, coffee shops, restaurants, and convenient access to downtown Portland. Schedule a showing today!
Courtesy: Real Broker
855-450-0442
Updated triplex offers an incredible investment opportunity on one of Cully’s beloved expansive lots with rents totalling $5,425 a month ($65,100 a year). Each charming unit features a private front porch, back patio, fireplace, and storage! Two of the units have three bedrooms, the third has two. All units are currently occupied for a straightforward long-term investment. Newer roof with refinished kitchen cabinets, and toilets throughout. This incredible property is set back off the street with a spacious backyard and NINE parking spaces! Newer R1 zoning provides future expansion which allows 2 additional units (buyer to do due diligence and development packet available) Shared on-site laundry. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222773]
Courtesy: Knipe Realty ERA Powered
503-445-7660
Welcome to this charming bungalow in Portland's North Tabor neighborhood, offering flexible living options with a separate basement ADU. Use the home as a single residence, live in one unit and rent the other, or create space for extended family or guests.The home features 3 bedrooms plus an office space and 2 bathrooms, with original hardwood floors, built-ins, and a wood-burning fireplace on the main level. Energy-efficient ductless HVAC units provide year-round comfort. The basement ADU has its own private entrance through the shared laundry room, offering added privacy and flexibility. (buyers should verify current rental potential).This home features a detached garage/storage space, fully fenced yard, front porch and back deck for entertaining. Conveniently located with easy freeway access and close to shopping, restaurants, and everyday amenities, this home offers a great combination of character, flexibility, and location. AHS home warranty included. All Appliances remain with home.
Courtesy: Redfin
503-496-7620
Nicely managed duplex. 2 units each with one bedroom, a bathroom, a bonus room in the basement as well as private laundry and storage. Each unit has a parking space in front of the detached garage. Just blocks from Peninsula Park, the Rose Garden, the Yellow MAX line, and New Seasons. Do not disturb tenants. Interior photos were taken prior to tenants occupancy. Also see MLS #299699739
Courtesy: John L. Scott Sandy
503-826-9000
Beautifully updated property featuring two completely remodeled units (3 bed/2 bath & 2 bed / 1 bath) in a highly central location. Both Units are currently occupied. Both the interior and exterior renovations were completed in 2024, including a brand-new sewer line for added peace of mind.Each unit offers its own laundry room, extra office space, fully fenced backyard, separate storage shed, and covered patio—perfect for relaxing or entertaining. Conveniently located near public transportation, schools, and grocery stores, this property combines comfort with everyday convenience. Ample parking is available, with plenty of on-site space as well as additional street parking. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245222]
Courtesy: Barry Investment Real Estate
503-593-9707
Vista Hills Apartments is a 25-unit multifamily community located in the highly desirable Vista Hills neighborhood of Southwest Portland, within unincorporated Washington County. Situated on a 1.03-acre site at 3560 SW Vista Drive, the property offers convenient access to Downtown Portland, Beaverton, Highway 26, and the major employment centers of the Sunset Corridor. The surrounding area benefits from strong household incomes, quality schools, established residential neighborhoods, and limited multifamily inventory, supporting long-term renter demand.Constructed in 1964, Vista Hills features an attractive unit mix of eight one-bedroom units, thirteen two-bedroom units, and four three-bedroom units. Seventeen of the property's twenty-five units (68%) are two-bedroom or three-bedroom floor plans, providing housing options that remain increasingly difficult to develop and highly attractive to long-term residents.Residents benefit from a variety of desirable amenities, including in-unit washer/dryers in nearly all two-bedroom units and all three-bedroom units, dedicated tenant storage lockers, a maintenance/shop area, ample off-street parking, and approximately 1,000 square feet of basement storage and utility space. The property has been professionally operated and offers investors a clear path to future income growth through continued lease-up, rent optimization, and the implementation of a utility reimbursement program (RUBS), which is not currently in place.At the asking price of $3,585,000, Vista Hills Apartments offers investors the opportunity to acquire a well-located westside Portland apartment community with strong in-place cash flow, significant family-oriented housing appeal, operational upside, and long-term appreciation potential within one of the metro area's most established residential neighborhoods.
Courtesy: Performance Properties Inc
503-635-0099
An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!
Courtesy: Proud Realty LLC
503-444-9730
Elegant 1904 fourplex in historic Irvington. Set on a bike boulevard among large trees and stately homes, this beautiful property is rich in original character. The light-filled apartments feature large windows and classic details. It's been lovingly maintained and improved--recent updates include exterior paint, new electrical services and panels, insulation, gas furnace, and more. The apartments are easy to rent, with strong demand and consistent income. Tenants enjoy a shared garden oasis with figs, pears, roses, peonies, irises, and more. The fenced yard also has covered bike parking, and the basement offers ample storage and coin-op laundry. One of the sellers is a licensed principal real estate broker in Oregon.
Courtesy: Lowes Flat Fee Realty A Homezu Partner
971-337-2400
Sellwood 4-Plex on a quiet, tree-lined street that went through major updates in 2017.New plumbing, electrical, windows, roof, kitchens, bathrooms, flooring, paint, appliances and fixtures in 2017.4 1-bedroom units2 car garageCorner lotLaundry onsiteEasy access to the Sellwood BridgeSeparate entrances
Courtesy: LUXE Forbes Global Properties
503-389-2112
Well-maintained and thoughtfully cared for Dutch Colonial-style fourplex in SE Portland’s sought-after Brooklyn neighborhood—just one block from Brooklyn Park. This charming property blends timeless architecture with investment appeal, featuring period-appropriate details throughout all units. The versatile unit mix includes two spacious 2 bed/1 bath apartments and two efficient studio + 1 bath apartments. Walk Score of 89 and Bike Score of 93 underscore the unbeatable location—close to local shops, restaurants, and neighborhood favorites. The property includes an unfinished basement with laundry hookups and ample storage potential. With long-term ownership and a history of low vacancy rates, this is a rare opportunity to own a character-rich income property in one of Portland’s most walkable and bikeable communities. Buyer to verify all information and conduct their own due diligence. No showings, all offers subject to interior inspection do not disturb tenants!
Courtesy: eXp Realty, LLC
888-814-9613
Charming 1924 Duplex in Foster-Powell. Offering classic character, solid bones, and excellent long-term rental stability. Each unit features 2 bedrooms and 1 bathroom, warm wood floors, a comfortable living area, and a functional kitchen layout. The property includes shared laundry and storage space in the basement. A nicely landscaped, fully fenced backyard provides outdoor enjoyment for tenants, and the separate studio offers exciting potential as a third unit, home office, or creative space. The exterior has recently been painted. With long-term tenants already in place, this is a fantastic chance for investors seeking steady income in one of SE Portland's most vibrant neighborhoods or opportunity for a new homeowner to supplement their mortgage with rental income.
Courtesy: Keller Williams Realty Professionals
503-546-9955
Rare opportunity to buy a duplex that is zoned CM1 (commercial mixed use). Private flag lot, please do not go on to property without appointment, both sides are currently rented. Do not disturb tenants. By appointment only. Each side is two bedroom one bath, covered front porch patio and fenced back yard. Both units have been remodeled, good interior condition. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10189204]
Courtesy: Works Real Estate
503-714-7053
Investor-focused Tigard duplex listed at $719,900 with both units leased at $2,300/month. Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $5,165, producing an estimated NOI of $50,035 and an estimated 6.95% cap rate at list price. GRM is approximately 13.04. Each unit offers approximately 1,132 square feet with 3 bedrooms, 1.5 bathrooms, air conditioning, deck, dishwasher, washer/dryer, and functional two-level layouts. Both units have been updated in recent years with new carpet downstairs and vinyl flooring on the main level. Bedrooms and full bathrooms are located on the lower level, while each unit features a private back deck overlooking Fanno Creek, mature trees, and natural surroundings.Tenants are responsible for utilities, supporting cleaner expense management for the owner. A strong long-term hold opportunity with immediate income, tenant occupancy in place, updated interiors, and a desirable Tigard location.
Courtesy: H & H Preferred Real Estate
971-221-3109
PRICE REDUCED! Exceptional opportunity to own a beautifully updated duplex in the heart of Portland's vibrant Central Eastside! Live comfortably in the extensively remodeled owner's unit while generating passive income from the second unit. The owner's residence features beautifully refinished hardwood floors, a stunning fully remodeled kitchen with stainless steel appliances, an updated bathroom, and the convenience of in-unit laundry. The second unit has also been refreshed with new carpet, fresh interior paint, an updated bathroom, and new stainless steel appliances, making it move-in ready for tenants or extended family. Major capital improvements provide peace of mind, including a new roof, new furnaces, new hot water heaters, fresh interior and exterior paint, and a fully painted basement. The spacious basement offers abundant storage plus washer and dryer hookups dedicated to the second unit. Ideally located near some of Portland's best restaurants, coffee shops, parks, shopping, and public transportation, this turnkey duplex is an outstanding opportunity for owner-occupants, investors, or multigenerational living. A rare chance to enjoy an updated home while offsetting your mortgage with rental income! Walk score 94 - Walker's paradise! Bike score 97 - Bikers Paradise! Buyer to verify all info
Courtesy: Windermere Realty Trust
503-284-7755
Courtesy: The Koval Group
503-548-8008
** Own an entire cottage cluster of 8 DETACHED/FEE SIMPLE HOMES! 2 Bed/2.1 Baths with about 1,000 SF each. Could buy in a package of 2 to 8 homes at $425,000 per home. Stunning Craftsman design in sought after SW neighborhood! Light and bright with lots of windows, open floor layout, private patio, SS appliances, quartz counters, upscale finishes, and high ceilings. Amazing SUPER QUIET location with close proximity to your favorite dining, shopping, parks and entertainment! Builder warranty included! Home energy score is 10 out of 10! Don't miss this rare opportunity to bolster your investment portfolio!
Courtesy: Think Commercial LLC
503-679-9243
Modern 2018-built six-unit property in the heart of Sellwood, just minutes to the neighborhood’s retail corridor, New Seasons Market, cafes, restaurants, pubs, boutiques and the MAX Orange Line. The building offers a desirable mix of large one-, two- and three-bedroom flats averaging approx. 915 SF, a rare unit profile in a market dominated by smaller apartments. Each residence includes a private deck or patio, open kitchen, marble countertops, stainless steel appliances, in-unit washer/dryer, high-efficiency ductless mini-splits for heating and cooling and tankless water heaters. Large windows and vaulted 9-foot ceilings bring in natural light, while luxury plank flooring, custom wood cabinetry, tile backsplashes and designer lighting create a polished modern feel. Durable hardi plank siding, natural wood and brick accents, two large garages, surface parking and bike parking round out the offering. Near Springwater Trail, Sellwood Riverfront Park, Oaks Bottom and transit.
Courtesy: The Koval Group
503-548-8008
** 4 DETACHED FEE SIMPLE HOMES! 2 Bed/2.1 Baths with about 1,000 SF each. ** This price is for 4 homes. There are 8 total. Could buy in a package from 2 to 8 at $425,000 per home. Stunning Craftsman design in sought after SW neighborhood! Light and bright with lots of windows, open floor layout, private patio, SS appliances, quartz counters, upscale finishes, and high ceilings. Amazing SUPER QUIET location with close proximity to your favorite dining, shopping, parks and entertainment! Builder warranty included! Home energy score is 10 out of 10! Don't miss this rare opportunity to bolster your investment portfolio!
Courtesy: PNW Realty Associates LLC
503-720-6929
Lot potential for additional units to be built. Nice corner duplex location on bus line. Unit #1 is 3 bedroom, 1 bath. Unit #2 1 bedroom & 1 bath. Downtown St. Johns 6 blocks away. RM2 zoning for possible additional building opportunity, escrow development packet available
Courtesy: PNW Realty Associates LLC
503-720-6929
Nice central location Duplex. RM3 zoning allows for potential to build additional units. OHSU, PSU & Downtown proximity. Sits above South Waterfront, with views of Mt. Hood. Easy freeway access. Escrow Development packet available.
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| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |
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.
