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3604 SE 7TH AVE, Portland
$450,000
339184298 MLS
Value-add opportunity in SE Portland's Brooklyn neighborhood with potential for a 6-bedroom, 4-bath duplex. This vacant property offers flexibility for an investor or house hacker ready to put in the work and create long-term value. One side is largely finished with 3 bedrooms and 2 bathrooms, hardwood floors, an updated kitchen, abundant natural light and original character. Some TLC is still needed, including completion of a currently gutted bathroom. The second unit is laid out for an additional 3 bedrooms and 2 bathrooms but requires significant finishing, creating an opportunity to complete the space and generate additional rental income. Live in one side while completing the other, or finish the project and position both units for rental income. Both units are vacant, allowing a new owner to begin improvements immediately. A large 1,107 sq ft unfinished basement, not included in the stated 2,376 sq ft, provides substantial storage and possible future use, subject to buyer due diligence. With a 92 Bike Score and 79 Walk Score, plus convenient access to the MAX Orange Line, public transit and nearby parks, the location offers connectivity throughout inner SE Portland. Based on a property management company's pro forma, projected annual gross income is approximately $50,000, with approximately $20,000 in projected operating expenses and $30,000 in projected net operating income, reflecting a projected 6.67% cap rate and 9.0 gross rent multiplier. Property is currently vacant with no actual rental income or operating history. Cash or rehab financing only due to current condition. Buyer to verify square footage, permitted uses, renovation requirements, rental projections and future use possibilities. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252548]

3604 SE 7TH AVE, Portland

4196 47TH NE AVE, Salem
$450,000
581499696 MLS
Great investment opportunity in the desirable Hayesville neighborhood! This single-level duplex sits on a corner lot and offers an ideal combination of convenience, functionality, and income potential. Located close to Chemeketa Community College, schools, shopping, and easy I-5 access, the property is well-positioned for both investors and owner-occupants. Both units feature 2 bedrooms and 1 bathroom. Both units include a full kitchen with dishwasher, refrigerator, electric range, and garbage disposal, along with washer/dryer hookups, vinyl floors in kitchen and eating areas, carpet in living and bedrooms and fenced backyards. Each unit also includes a single-car attached garage. Recent exterior paint adds to the property's well-maintained appeal. A versatile property with strong rental potential and a convenient location—an opportunity not to be missed!

4196 47TH NE AVE, Salem

4016 45TH NE AVE, Salem
$450,000
142002152 MLS
Great investment opportunity in the desirable Hayesville neighborhood! This well-maintained, single-level duplex sits on a corner lot and offers an ideal combination of convenience, functionality, and income potential. Located across the street from Chemeketa Community College, close to schools, shopping, and easy I-5 access, the property is well-positioned for both investors and owner-occupants. One unit features 2 bedrooms and 1 bathroom, while the second offers 1 bedroom and 1 bathroom. Both units include a full kitchen with dishwasher, refrigerator, electric range, and garbage disposal, along with washer/dryer hookups, vinyl floors in kitchen and eating areas, carpet in living and bedrooms. Both have sliding doors leading to private patios and fenced backyards. Each unit also includes a single-car attached garage. Recent exterior paint adds to the property's well-maintained appeal. A versatile property with strong rental potential and a convenient location—an opportunity not to be missed!

4016 45TH NE AVE, Salem

993 N CLOVERLEAF LOOP, Springfield
$450,000
350046692 MLS
Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.

993 N CLOVERLEAF LOOP, Springfield

655 MONROE ST, Eugene
$450,000
726412931 MLS
WHITEAKER CHARM WITH STRONG CASH FLOW AND DESIGNER LEVEL UPGRADES. This beautifully restored 1890 Queen Anne offers the rare combination of historic character, modern finishes, and proven income performance. The downstairs 3 bedroom, 1 bath unit has been completely remodeled and operates as a successful short term rental averaging approximately $2,900 per month. Thoughtfully redesigned from top to bottom, it features all new flooring, fresh interior paint, upgraded trim, curated designer lighting, and elevated hardware throughout. The kitchen showcases new cabinetry, solid surface countertops, a stylish tile backsplash, and a full suite of new stainless steel appliances. The bathroom has been tastefully renovated with updated vanity, fixtures, mirrors, and contemporary finishes that create a polished, move in ready experience. Furnishings are negotiable, offering flexibility for a seamless transition to the next owner. Upstairs, the 1 bedroom, 1 bath unit is occupied by a long term tenant paying $700 per month, providing consistent baseline income and added stability. Located just moments from Sweet Life, the Beer Garden, parks, and downtown Eugene, this property delivers both lifestyle appeal and investment strength. Financials available upon request. Showings available with accepted offer due to occupied long term tenant.

655 MONROE ST, Eugene

12406 SE FULLER RD, Milwaukie
$450,000
260917318 MLS
Milwaukie duplex listed $55,000 below the August 2025 appraised value of $505,000 — ideal for house hackers, owner-occupants, investors, or 1031 buyers. No HOA. Corner lot. 6 off-street parking spaces. 1-bedroom unit is vacant and move-in ready with new carpet, fresh paint, newer vinyl flooring, and a 2019 water heater — live here while the 2-bedroom unit cash-flows. The 2-bedroom unit is rented month-to-month, rent increasing to $1465 in September. Combined at market rents, the property has potential gross income of approximately $2,700/month or so. Each unit has its own fully fenced private yard, patio, exterior shed, and laundry hookups. 2-bedroom nicely updated with bath remodeled 2020-21, newer flooring throughout, and more. Roof replaced 2012. Exterior freshly painted. Low Clackamas County taxes. Bus stop directly out front. Minutes to the MAX line, I-205, Clackamas Town Center, and N Clackamas Aquatic Park. Linwood Elementary, Rowe Middle, Milwaukie High School. Motivated sellers, all reasonable offers will be considered.

12406 SE FULLER RD, Milwaukie

625 HASSETT ST, Brookings
$449,500
163632100 MLS
For the Investor in You! Two doors, two income streams, and an opportunity to add an income producing property to your portfolio on the beautiful Southern Oregon Coast! Welcome to 625 & 627 Hassett Street in Brookings, Oregon, where the numbers are worth a closer look!This duplex features two separate 2 bedroom, 1 bath residences, each offering approximately 943 square feet of living space, newer floor coverings, and newer appliances. Both units are currently rented at $1,600 per month each, generating a combined $3,200 in monthly rental income, or $38,400 annually in gross scheduled rent! Even better? Both tenancies have been established for over a year and a half. Whether you're expanding your investment portfolio, making your first move into income property, or looking to establish a foothold in the Brookings rental market, here's an opportunity with tenants already in place and rental income coming through the door. Located in Brookings on Oregon's spectacular Southern Coast, this property offers the appeal of two residences under one investment. Two units. Established tenants. Income from day one. Now that's a combination worth talking about! Investment opportunities deserve a closer look, and this one is ready for yours. Contact your real estate professional to schedule a private viewing and explore the possibilities! 24 hour notice required for showings.

625 HASSETT ST, Brookings

1282 44TH AVE, Sweet Home
$449,000
712132117 MLS
Excellent opportunity to own a newer construction duplex in a strong rental area. Built in 2020, this property offers modern finishes throughout, including quartz countertops, shaker cabinets, stainless steel appliances, and a clean, contemporary design that attracts quality tenants and supports strong rents. Each side features a unique 4-bedroom unit layout, providing strong rental appeal and flexibility. Each unit is equipped with an efficient ductless heating and cooling system for year-round comfort. Each unit is well laid out with functional living space and updated features. There is additional upside with the option to purchase one or two duplexes, creating a scalable investment opportunity with consistent construction quality and design across multiple units.

1282 44TH AVE, Sweet Home

160 N 8TH ST, Lakeside
$449,000
684400570 MLS
Coastal charm meets fun, lofty vibes in this multi-family home. With separate entrances and living spaces, this home is the perfect solution for a variety of setups or investment opportunities. The lower level is a standard 2-bedroom, 1-bathroom layout with direct access to the backyard and garage. Outside, follow the wooden staircase up to the large patio with a gorgeous view! Inside, the space is clean and updated, with ample room for cooking and entertaining guests. With 1 bedroom and 1 full-sized bath, the upper loft is perfect for a 1-2 renters, a college student, or simply extra space for your family. Maybe this home already sounds perfect, but the location is the cherry on top! Find a variety of cafes, taverns, and grocery shopping down the road, and when you're in the mood for an oceanfront picnic, the beach is less than 15 miles away! Also on ATV access and minutes away from Tenmile Lake boat ramp. Downstairs is rented for $1500.00 and upper lever is rented for $1100.00

160 N 8TH ST, Lakeside

825 YALE AVE, Gladstone
$444,500
442961290 MLS
Hard-to-find Gladstone duplex well under $500,000! Charming Gladstone Bungalow with a flexible layout and two separate living areas. The home features 2 bedrooms plus a bonus room currently used as a primary bedroom, 1 bathroom, and a unique setup that works well for extended living, guests, a home office, or potential rental income. The current owner has successfully used the property as an income-producing investment. Whether you're looking for a home with added living space or an investment opportunity, this property offers plenty of options in a convenient Gladstone location. The larger unit is currently vacant and available to show anytime. The occupied unit will be available to show once an offer has been received.

825 YALE AVE, Gladstone

2803 N DEPOT ST, La Grande
$430,000
130776134 MLS
Well-maintained duplex offering a great combination of investment potential, flexibility, and pride of ownership! This property has been cared for exceptionally well by the owners, and the quality of maintenance and care is evident throughout.The larger 3-bedroom, 2-bath unit is currently vacant and offers plenty of comfortable living space, along with a covered carport, storage building, shop, and a nice private fenced yard. The owners themselves lived in this unit for a time while waiting to move into their current home, giving you an opportunity to see just how well suited it is for an onsite owner.The second unit is a 2-bedroom, 1-bath with long-term tenants, providing established rental income and an opportunity for a new owner to offset their mortgage while living in the larger unit.Whether you're looking for a solid investment property, a potential multigenerational living arrangement, or a home where rental income can help with the mortgage, this duplex offers plenty of possibilities. Good maintenance, care, and pride of ownership are obvious throughout the property. Come take a look today and see what this one has to offer!

2803 N DEPOT ST, La Grande

47470 HIGHWAY 58, Oakridge
$429,900
629704277 MLS
What if you could live where you work and enjoy the outdoor lifestyle Oakridge has to offer? This versatile mixed-use property sits right on Highway 58, featuring two ground-floor commercial spaces with great visibility and designated off-street parking, plus two fully rented apartments above. One commercial unit is currently leased, offering instant income potential. Whether you’re an investor or an owner-user dreaming of a live/work setup, this property offers flexibility, functionality, and a gateway to Oakridge’s vibrant mountain community. Buyers to perform their own due diligence regarding square footage—county and photographer measurements differ. Property qualifies for FHA financing with as little as 3.5% down

47470 HIGHWAY 58, Oakridge

405 EVERGREEN DR, Tillamook
$429,000
307038365 MLS
SELLER INCENTIVES AVAILABLE! Motivated seller is willing to contribute toward buyer's closing costs or an interest rate buy-down, including a 2-1 temporary buy-down or permanent rate reduction. Let's make this home more affordable! It is a great updated home and Auxiliary Dwelling Unit in Tillamook, near schools and town! Beautiful bright interior finishes, in this 4 bedroom 2 bath home and 1 bed, 1 bath separate dwelling. Oak hardwoods and tile flooring throughout main level. Bright modern interior, with open kitchen, newer appliances, butcher block counters, ship-lap wall accents and farm style sink. Main home has new roof, new carpet and new heaters! Outside has big fenced yard, stamped concrete patio, and custom fire pit, ready for entertaining, and relaxing! ADU, with one bedroom and 1 bath has kitchen/living on main floor, great for a rental, generational living, company or a bonus space for kids. Lots of off street parking and tons of storage make this the perfect home for family, or an investment. Home is easy to show.

405 EVERGREEN DR, Tillamook

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 © 2026 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.

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