248 Multnomah County OR Homes For Sale

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$629,000
23139482 MLS
This prime property in Northeast Portland presents a unique opportunity for redevelopment, featuring a spacious lot in a rapidly growing and sought-after neighborhood. The existing structure, while structurally sound, is ripe for a transformation into a modern, multi-family residential complex that aligns with the evolving landscape of the area. Its central location offers proximity to public transportation, trendy local amenities, and a vibrant community, making it an ideal canvas for creating a dynamic and attractive multi-family living space that meets the demands of the growing urban population. Additionally listed under: Lots & Land - MLS # 23468736, and Residential - MLS # 23131780. This property has had the roof replaced in January of 2024

4550 NE 20TH AVE, Portland

$1,225,000
23025511 MLS
This property is a fantastic opportunity for investors looking for a cash flowing investment property. With two triplexes, there are a total of six units that can generate rental income. The properties have recently undergone exterior updates, including new siding, paint, and roofs. Multiple units have also received recent interior updates. These updates include new flooring, fresh paint, updated fixtures and other improvements that enhance the overall appeal and functionality of the units. Located in the Lents neighborhood of SE Portland offering convenient access to I-205, MAX, bus lines, shopping, restaurants, and recreational trails. Don't miss out on this opportunity to add a profitable property to your portfolio.

9630 SE FOSTER RD, Portland

$619,000
23300112 MLS
Step into Portland's past with this impeccably preserved 1884 duplex?a unique opportunity to own a piece of history while enjoying modern comforts. This property lives like a home with an ADU in the basement, offering flexibility for multi-generational living or rental income if you want to occupy. Professionally managed for a hassle-free experience, the duplex boasts is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 5%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property. Currently only the upstairs unit is rented and will shave thousands of dollars off your mortgage payment each month!

5108 NE GLISAN ST, Portland

$549,995
23133185 MLS
Welcome to this meticulously maintained classic 1967 duplex nestled in the charming Parkrose area. This one-level gem exudes timeless mid-century charm and boasts a perfect blend of classic features and modern conveniences. Each unit is thoughtfully designed, offering two bedrooms and one bath, providing comfortable living spaces that stand the test of time.As you step into these well-preserved units, you'll be greeted by the warmth of a classic fireplace, creating a cozy ambiance that invites relaxation on chilly evenings. The mid-century features, carefully preserved over the years, add character and a touch of nostalgia to the interior.Enjoy the outdoors in style with your own private patio and backyard, offering a serene retreat for outdoor gatherings, morning coffee, or a peaceful evening under the stars. The well-manicured landscaping enhances the curb appeal and adds to the overall inviting atmosphere of the property.For convenience and security, each unit comes equipped with a single-car garage, providing parking or additional storage space. The off-street parking and RV parking options ensure that you and your guests will always have plenty of space.This duplex is not just a home; it's a strategic investment. With great access to transit and freeways, commuting becomes a breeze. Explore the vibrant local community or venture into the city with ease, knowing that you have convenient transportation options at your fingertips.For those with a vision for expansion, the property offers the potential to build more units. However, interested buyers should verify the feasibility of such plans, ensuring that any future development aligns with their goals and meets local regulations.In summary, this classic 1967 duplex in the Parkrose area is a rare find, combining the best of vintage charm with modern functionality. Whether you're looking for a comfortable home with investment potential or a property with expansion possibilities,this property is very versatile.

10238 NE MORRIS CT, Portland

$2,899,900
23394419 MLS
FULLY LEASED! Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, new construction 15-unit apartment complex from a quality local builder. Nestled near NEs hotspots, including the vibrant Hollywood district, charming Laurelhurst + Providence Medical, youll have everything you need at your doorstep with this sweet Rose City Park location! High-end finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones + coveted covered patios / balcony spaces! These 1 bedroom units boast a spacious floor plan with room for a King bed while bathroom features a tub! Custom cabinetry, desirable stainless-steel appliances, stackable W/D + AC finish out the interior! Bike storage with electrical bike hookups + enclosed trash area round out a few other notable items plus 1-year builder warranty with peace of mind + 15-year new construction rent-control exemption!

6115 NE MULTNOMAH ST, Portland

$699,000
23320110 MLS
Location, location, location: Walkscore-95, Bike Score-93! Experience classic charm and modern comfort in this beautiful Craftsman home in Portland's desirable St. Johns neighborhood. Meticulous remodeling maintains its historical character while providing modern amenities. With new wiring, plumbing, and a gas furnace, it combines historic elegance with peace of mind. The flexible layout accommodates a 4-bed, 2.5-bath primary unit and a 2-bed, 1-bath ADU with a separate entrance. In the main home, there are 2 bedrooms located on the 1st floor with a full bathroom and 2 more 2 bedrooms upstairs with a full bath. Walkscore of 95 with easy access to St. Johns' dining, shopping, and Cathedral Park. As a bonus, this home has a unique historical connection, as it was originally built by Nancy Caples, one of the St. John's pioneers. This piece of history adds an extra layer of character to the property. Don't miss this exceptional opportunity to own a piece of Portland's history. Commercial zoning, or mixed-use type situation. Great live/work opportunity. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223372]

7537 N RICHMOND AVE, Portland

$900,000
23022376 MLS
Calling all entrepreneurs, investors and creative thinkers? this is the spot for you. Zoned CM2 and positioned on a corner lot this three unit rental is ready for your vision. Currently used as a duplex with fully rented salon outbuilding with separate meters. The ground work has been done for more income revenue with a fully permitted space for a food cart, tiny home, or a commercial kitchen if you repurposed the main floor into a cafe or restaurant with more seating available in adjacent level back yard. Full basement is also ready for your finishing touches for even more income revenue. The main level unit has been refreshed with new flooring, light fixtures and plumbing. The salon space was a complete new build in 2020 and has exquisite finishes throughout including a vaulted ceiling, floor to ceiling brick wall with 7 foot wood arched Marvin windows. Complete with a half bath and extra work sink, powered by tankless water heater. Call today for a private tour and to discuss how to make this your creative dream and add to the Dekum Triangle and Woodlawn food scene.

432 NE DEKUM ST, Portland

$899,000
23166503 MLS
Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!!

5821 SE KNAPP ST, Portland

$875,000
23698474 MLS
Major Remodel of Main house 2016. New 200 Amp electric meter 2016 Partial New Construction Main House 2017 (See attached SE 66th Elevations & Sec)New Construction Garage Conversion 2018 as extra living space, separate 100 Amp electric panel w separate billing. New Construction ADU 2022; with separate water meter, sewer line connection, and new 200 Amp service and separate utility billing. ADU was completed in November of 2021. Current tenant is at $1555. Tenant pays water and electricity separately. It is a 510 sq ft, one bedroom unit with heat pump, auxiliary electric heat, private yard, private off street parking. new utilities; water, sewer,and electric. Main house is vacant. Tenants pay water, gas and electricity separately. Total rents $6,545/month with tenants paying all utilities. Seller will carry with $300K down at 6%. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221490]

7148 SE 66TH AVE, Portland

$1,499,900
23173818 MLS
Amazing SE PDX location in idyllic Mt. Scott-Arleta meets elevated design + modern architecture! Impeccably designed, find warm tones across these open concept floor plans boasting expansive windows for a light + bright feel with door out to private, fenced patio with coveted AC! High-end finishes grace each space with a custom kitchen featuring modern cabinetry, slab counters, extensive tile backsplash and stainless steel appliance package. Sleek black fixtures + stylish lighting + designer tones finish out these custom, 2 bed/1.1 bath interiors! Phenomenal 99BikeScore/90Walkscore puts you in the hub of SEs vibrant neighborhood + just steps to restaurants, shops, coffee + 0.2 miles to Laurelwood Park! Enjoy a 1-year builder warranty with peace of mind from a local boutique builder!

4881 SE 63rd AVE, Portland

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2024 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.