Courtesy: Dwell Realty
503-208-3797
Mid-century Modern ranch on a spacious, secluded lot; offering a two-bedroom, one-bath main dwelling side-by-side with a one-bedroom, one-bath ADU (see attached floor plan). Fully vacant. In the back, a terraced orchard boasts mature plum, quince, pear, apple, and fig trees: feel free to taste! Beneath is an over-sized, tuck-under garage and workshop, with a bonus storage nook. Nestled against the SW Trails, the home has a country charm at the edge of urban convenience, I-5 and the city center a quick jaunt away.Practical modern upgrades: a brand-new furnace and AC. New cabinets in the kitchen and main bathroom, new kitchen flooring. Flexible space suits many uses and income generation, owner occupied with short term rental, separate entrance home office, multi-generational, co-buying TICs, or single-family.
Courtesy: Cascade Hasson Sotheby's International Realty
503-420-8600
Two complete residences, two private outdoor settings, one Exceptional Scandinavian-modern farmhouse. Constructed by award-winning Olson Design-Build. The ingenious plan pairs a 3-bedroom, 2.5-bath main residence with a two-story, 924-square-foot ADU offering 2 bedrooms, 1.5 baths, comparable premium finishes, and its own elec-meter. exceptional flexibility without sacrificing privacy or architectural cohesion.Clean, simple lines, natural materials, and transitional finishes, including stacked subway tile in the kitchen and baths, create enduring appeal. The main home combines polished concrete floors, high ceilings and smooth-coat walls with black Pella casement windows and clear vertical-grain fir entry doors, cabinetry, and staircase. Centered on a generous island, the kitchen features Pental Quartz, soft-close cabinetry, and premium appliances by Miele, Bosch & KitchenAid. A freestanding gas fireplace anchors the living room and separates it from the dining area and kitchen; a powder bath completes the main level.Upstairs, cork floors lead to a vaulted primary suite with dual sinks, quartz, radiant-heated floors, and an oversized dual shower. The second bath also offers heated floors plus a soaking tub. A matching LG washer and dryer are conveniently located near the bedrooms. A covered patio with its own gas fireplace and adjoining built-in spa opens to the private, fenced yard. The rear ADU enjoys a secluded yard of its own, providing remarkable visual and acoustic separation.The ADU is currently leased through December at $2,300/month and was previously offered as an AirBnB nightly rental with excellent returns. Since opening the main home to nightly rentals, the ADU has been converted to monthly to comply with city permits. The main home enjoys a 4.98 rating on AirBnB. Situated steps from Podnah's BBQ, HatYai, Coffee & pubs, a few blocks to Alberta Park & Alberta Arts District. EZ commute to downtown or PDX Int'l. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250665]
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
St. Johns Eight is a newly completed build to rent portfolio consisting of eight detached cottages in Portland's St. Johns neighborhood. The offering is delivered vacant, giving an investor control over initial lease up, tenant selection, rent positioning, and management without inherited leases. All eight residences are separately addressed and contain 2 bedrooms, 2.5 bathrooms, two stories, private patios, and approximately 969 to 989 square feet, totaling 7,864 square feet. The consistent unit mix supports streamlined leasing and operations, while the detached configuration offers privacy and separation that distinguish the property from conventional apartment inventory. Interiors feature tall ceilings, bright great rooms, warm modern cabinetry, solid surface countertops, extensive tile backsplashes, stainless steel appliances, generous storage, and energy efficient mini splits for zoned heating and cooling. Each home includes a main level half bath, two upper level bedrooms, two full bathrooms, and conveniently placed laundry. Select residences add kitchen islands with eat bars. A central pedestrian walkway connects the community, while individual patios create private outdoor space for residents. The property has a 92 Bike Score and convenient access to downtown St. Johns, Pier Park, Cathedral Park, neighborhood dining, shopping, groceries, recreation, and riverfront amenities. New construction systems, finishes, and warranties may help reduce near term capital demands during initial stabilization. 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: Tim Shannon Realty, Inc.
503-309-4106
Fantastic Opportunity! Rare 4-Plex in Hillsdale/Multnomah area. 3 units completely renovated with new flooring, paint, appliances. New exterior paint, new gutters. Low maintenance metal roofing. Great rents, low expenses. Professionally managed by West Ridge Property Management.
Courtesy: Knipe Realty ERA Powered
503-445-7660
Turnkey investment opportunity in a prime SE Portland location. This well-maintained 4-plex has undergone extensive capital improvements, including brand new siding, windows, roof, gutters, paint, composition Trex decks, doors, fencing, landscaping and much more. Three of the four units have been renovated with luxury vinyl plank flooring, new baseboards and quartz countertops. All units feature identical floor plans with 2 bedrooms, 1 bathroom, and in-unit washers and dryers. Fully occupied with strong rental history and consistent demand, this property offers stable income in a highly rentable location near bus lines and the MAX station. Do not disturb tenants.
Courtesy: Kevin Morris Realty
503-452-5400
*Don't Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately 5-10 additional units while retaining the existing improvements. Estimated 9–12 unit project is achievable while keeping the existing structure. (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset with outstanding future development potential.
Courtesy: Windermere Realty Trust
503-233-7777
HFO Investment Real Estate is pleased to present this five-unit multifamily opportunity located in Portland’s highly sought-after Buckman neighborhood. Built in 1890, the property offers a rarecombination of historic character, recent capital improvements, and an exceptional inner-southeast location with walkable access to neighborhood amenities, parks, grocery stores, restaurants, anddowntown Portland employment centers. The efficient unit mix consists of one two-bedroom apartment and four one-bedroom apartments, catering to the strong demand for attainable urban housing.Residents benefit from high ceilings, central forced-air heating, private storage, on-site laundry, off-street parking, and large backyard space. Recent improvements, including a newer roofand a fully renovated two-bedroom unit completed in 2025, help minimize near-term capital expenditures while preserving the vintage charm that continues to attract renters to Portland’s historic eastside neighborhoods.
Courtesy: Owl's Nest Realty
503-729-9477
Here's the fourplex you've been looking for! 100% occupancy for over 10 years! Roof-2023, exterior paint-2023. Lots of work on individual units (detailed list available) including updates on bathroom floors, plumbing, bathroom fixtures and floors. Unit #1 has brand new laminate flooring throughout and new countertops in kitchen. Convenient to everything: freeway, shopping, and bus line. 2 parking spaces in front of each unit. Potentially buildable area at front of building for another unit. Laundry building at back of property. Pardon the construction: city work & sidewalks.
Courtesy: MORE Realty
503-353-6673
New fully leased 4 plex in excellent Montavilla neighborhood. Super high end amenities. Solid tenant profiles. Includes window coverings, refers and washer and dryers. . Beautifully finished new homes , in super cool Montavilla. Totally upgraded design with 9' ceilings on both main and upper floors. 8' tall doors, custom cabinets to the ceiling, stainless steel hood fans. The two en suite bedrooms have walk-in closets and gorgeous bathrooms. Primary suite has double sinks & mirrors to the ceiling. This new four-plex was designed as duplexes with no interior units. New Modern super efficient heating & Cooling System. These homes back to sunny west facing yards with mature landscaping and vintage stone house. There is abundant on street parking available. A complete fiber cement exterior envelope will resist moisture intrusion and provide decades of reliable performance. These homes have a great vibe, just four blocks to heart of Montavilla. This neighborhood is well maintained with mostly all owner occupied houses! SEE VIDEO
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: CORE, Realtors
971-271-7174
Super well located 4-unit in the heart of east Hawthorne. Tons of walkthru options for food/drink and shopping. This 1910 beauty has all the charms required, neat little back yard, and some offstreet parking. The units are very generously sized, upper two have covered "deck", lower unit have direct driveway and yard access. Full basement includes common area storage and laundry too.
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: 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: 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: 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: Works Real Estate
503-714-7053
Investor-focused Tigard duplex listed at $719,900 with both units leased at $2,300/month each ($4,600 total). Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $9,165, producing an estimated NOI of $46,035 and an estimated 6.39% 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
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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.
