Lents Six-plex - $670,000
Days on Market: 2 - Sold 06-2026
8924 -8934 SE Ellis St, Portland, OR 97266
Exceptional investment opportunity featuring six well-maintained units configured as three duplexes on a single tax lot. Each unit features sought-after amenities including washer/dryer hookups, fireplaces, and private patios, providing comfort and convenience that appeal to long-term tenants. The property also offers ample off-street parking & is close to MAX Light Rail, bus lines and shopping. Located in the vibrant Lents neighborhood, "an up-and-coming area & one of the new hotspots in Portland" according to PortlandNeighborhood.com.
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Gross Rent Multiplier - 8.51
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Cap Rate - 4.69%
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Walk Score - 87 / Bike Score - 93
Kerns Four-plex - $1,100,000 - Days on Market: 2 - Sold 06-2026
2933 - 2947 NE Everett St, Portland, OR 97232
Ideally situated in the highly sought-after Kerns neighborhood, between E Burnside St and NE Glisan, this four-unit property combines strong rental income with an ideal rental location. Two side by side duplexes on separate tax lots. Units 2933, 2935 & 2943 have been recently renovated with updated kitchens (SS appliances, new cabinets, countertops & tile backsplash), bathrooms, flooring & new vinyl windows. All four units have new Mini-Split HVAC units, providing heat & air conditioning, washers & dryers, & private outdoor spaces.
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Gross Rent Multiplier - 10.28
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Cap Rate - 5.45%
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Walk Score - 96 / Bike Score - 97
Belmont / Hawthorne Tri-plex - $645,000 - Days on Market: 3 - Sold 06-2026
3118 SE Yamhill St, Portland, OR 97214
Nestled in the heart of the Sunnyside neighborhood, this well-cared-for corner-lot Tri-plex offers a rare blend of historic charm and everyday functionality. Built in 1903, this property showcases original character throughout, from its timeless architectural details to its warm, inviting atmosphere. Each unit is filled with natural light and features a practical, livable layout that maximizes comfort and usability. Located just minutes from the vibrant SE Hawthorne and SE Belmont corridors, this property offers unbeatable proximity to local shops, dining, and entertainment.
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Gross Rent Multiplier - 11.96
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Cap Rate - 5.26%
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Walk Score - 95 / Bike Score - 99
Brooklyn Fourplex - $838,000 - Days on Market: 10 - Sold 05-2026
3324 SE 11th Ave, Portland, OR 97202
This well located fourplex was completely renovated in 2013, including new roof, windows, siding & sprinkler system. The property consists of two 1-bedrooms & two 2-bedrooms, along with one off-street parking space. All units feature a dishwasher, garbage disposal, stacked washer / dryer, range, and refrigerator. Garage has been converted to a secured storage area, with individual storage for each unit. Each unit has sprinklers installed, & is monitored by the Fire Department. The property has easy access to the bus lines on SE Powell or SE Milwaukie & the MAX line, both within a quarter mile. Quick commute into downtown. Close to restaurants and shopping
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Gross Rent Multiplier - 10.67
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Cap Rate - 5.73%
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Walk Score - 93 / Bike Score - 98
Buckman Tri-plex - $865,000 - Days on Market: 5 - Sold 03-2026
1822 - 1826 SE Ash St, Portland, OR 97214
Ideally situated in the highly sought-after Buckman neighborhood, between E Burnside St and SE Stark St. All three units are 2 bedroom / 1 bathroom townhomes with spacious living rooms, washer / dryer hookups & dining areas off the kitchen leading to private patios. The property has been very well managed and maintained, including new siding in 2020, a new roof in 2024 & new fencing in 2026. Each unit enjoys one off-street parking spot.
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Gross Rent Multiplier - 13.12
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Cap Rate - 5.29%
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Walk Score - 94
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Bike Score - 93
Sullivan's Gulch Fourplex - $1,075,000 - Days on Market: 36 - Sold 02-2026
2165 - 2171 NE Multnomah St, Portland, OR 97232
Ideally situated in the highly sought-after Sullivan’s Gulch neighborhood—just south of NE Broadway’s coffee shops, restaurants, boutiques, and light rail—this four-unit property combines strong rental income with an unbeatable location.
Brand new Studio unit was added in 2023, equipped with Sprinkler System. With reliable renters and a proven income record, this is a rare opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations
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Extra Large Layouts
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Off Street Parking
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Decks & Fireplaces
North Tabor Fourplex - $755,000 - Days on Market: 65 - Sold 10-2025
6342 - 6348 NE Willow St, Portland, OR 97213
The property is a single-level fourplex, with plenty of off-street parking. All units are 3BD/1BA units with W/D hook ups and decks, two of which have fireplaces. It is located one mile north of Mount Tabor Park and 1 ½ miles to Laurelhurst Park, two of Portland’s finest parks. The property is serviced by the 60th MAX station (1/4 mile away), the 50s bikeway, and bus lines along Burnside, Glisan & 60th, offering convenient access to I-84.
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Annual Rents - $78,216
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Gross Rent Multiplier - 9.35
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Cap Rate - 6.39 %
Vintage Southeast Six-plex - $1,500,000 - Days on Market: 0 - Sold 02-2026
2904 - 2914 SE Washington St., Portland, OR 97214
A rare opportunity to own a beautiful vintage six-plex in pristine condition, ideally located in the heart of Portland’s sought-after Belmont / Hawthorne neighborhood. This timeless property blends classic architectural charm with thoughtful updates. Each unit is filled with natural light and features period details such as hardwood floors, coved ceilings, built-ins, and original millwork, all carefully preserved. Well-maintained systems and pride of ownership throughout make this property truly unique.
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Annual Rents - $137,580
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Gross Rent Multiplier - 10.9
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Cap Rate - 5.79 %
Mt. Tabor Four-Plex - $765,000 - Days on Market: 4 - Sold 04-2025
315 NE 66th Ave, Portland, OR 97213
4-Plex in desirable Mt Tabor area close to bus lines, downtown, I-84 and I-205. 2 separate buildings on one tax lot. 315 is a 4 bedroom 1 bath home with full basement. 317 - 319 is a triplex located behind the house on a private alley. Upside in rents.
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Annual Gross Scheduled Rent - $76,301
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Net Income $39,946
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5.33 Cap Rate
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10.03 Gross Rent Multiplier
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99 Bike score
Willister Court Apartments
1404 - 1422 SE 29th Ave, Portland, OR 97214
$3,100,00
Solid investment property in the Sunnyside neighborhood in the heart of Hawthorne. The property consists of two buildings. An 11 unit built in 1927 & a 4-plex built in 1970, both on a 16,100 SF lot. There are 4 off-street parking spaces between the buildings, a laundry room & an additional room with individual storage for tenants.
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$200K in Capital Improvements since 2010
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New Windows in 2010
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New Roof in 2015
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$70K in Upgrades in 2017
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95 Walk score / 99 Bike Score
Buckman Four-Plex
525 SE 15th Ave. Portland, OR 97214
$995,000
Beautiful 4-plex right next to Revolution Hall! The property consists of 4 1bd/1ba units with laundry and additional storage in the basement. The property sits within view of Revolution Hall and is just off Stark St, giving tenant access to several trendy shops and restaurants. Ideal for the urban renter! The property includes a small backyard with three garages and additional parking.
Recent capital improvements include new gas furnaces installed in 2005 (90% Efficient), new stucco installed in 2014 ($69,000), and a new roof installed in 2017 ($23,000).
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· Walk score of 89
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· Bike Score of 99
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· Close to Revolution Hall
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· Parking in Backyard
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· Excellent Location
Buckman Ten-Unit
1847-65 SE Oak St. Portland, OR 97214
$1,995,000
Solid investment property in the heart of the Buckman neighborhood in Southeast Portland. This ten-unit building located in a quiet residential neighborhood consists of eight 2BD/1BA and two 1BD/1BA units. Units have large windows that provide great natural light, hardwood floors, & off-street parking. One unit was recently renovated with new paint, carpet, HW floors, and a new bathroom, totaling $14,000.
The property is located four blocks south of Burnside St. and five blocks north of Belmont St. Both streets are on bus lines and are well-known for their trendy shops and restaurants. The property is two miles from downtown Portland, with easy access across the Hawthorne, Belmont & Burnside bridges.
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New Roof in 2018
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New Exterior Paint in 2022
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Hardwood Floors
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Individual Storage & Off-Street Parking
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Owner Storage Room
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On Site Laundry
Belmont Commercial Opportunity
2915 SE Belmont St. Portland, OR 97214
$725,000
Unique opportunity in the heart of the Belmont Neighborhood! This three-unit office building is perfect for someone looking for storage and office space to run a small business. There are three individually metered units as well as a double garage for additional storage.
If you are looking for a development opportunity, this property is zoned RM2 and located in the highly desirable Belmont neighborhood. The property has a 93 walk score and a 94 bike score and is only minutes from downtown as well as the many hip shops and restaurants that Belmont has to offer.
This is a unique opportunity that can bring revenue as an office building, or be developed into new housing.
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Double Garage
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3 Office Units
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Prime Location on Belmont
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Excellent Storage Space
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On a bus line
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Minutes from Downtown
Belmont Tri-plex
1728 SE Belmont St. Portland, OR 97214
$820,000
One of the oldest livable buildings in the city of Portland, this tri-plex on Belmont is unique among other properties in the area. The property consists of 3 nice sized units on a double lot that backs up to Colonel Summers Park. The expansive backyard is ideal for entertaining. The building is in excellent condition, including recent renovations to the upper unit.
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Double Lot
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Newly Renovated upper unit
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Huge Backyard
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Walk Score of 92 and bike score of 96
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Annual Income: $57,300 - 14.31 GRM
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4.75% Cap Rate
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Total Sqft: 2848
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Built: 1870
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Zoning: R2.5
55th and Center Development Opportunity
40 x 111.62 Lot zoned for mixed commercial use. Existing home was demolished, permits on file. CM2 zoning allows for building up to 4 stories with a 2.5:1 FAR (4:1 with bonus provisions). Perfect Development opportunity for residential, retail, office, or mixed-use! Buyer to do due diligence with the city regarding new development.
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40 x 111.62 lot dimensions
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Versatile CM2 Zoning
Taylor Corner
2725-2743 SE Taylor St. Portland, OR 97213
$2,800,000
Wonderful Belmont/Hawthorne find! This ten unit building located in a quiet residential neighborhood was meticulously renovated in 2014 with improvements totaling over $325,000. In addition to the 2014 renovation, the building was given a new roof, new attic ventilation and moisture
protection in 2021. All the “heavy lifting” has been done!
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Full Renovation in 2014
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New Roof in 2021
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HW- Style Flooring
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Stainless Steel Appliances
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Quartz Countertops
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Off Street Parking
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Individual Storage
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89 Walk Score
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96 Walk Score
Belmont Four-plex
3051 SE Belmont St. Portland, OR 97214
$785,000
Well maintained 4-plex on one of the best streets in Portland. This property provides tenants with an easy walk to all the amenities that Belmont has to offer. In addition, the property is only 6 blocks from Laurelhurst Park. The units consist of one studio (remodeled in 2019), two 1 bed / 1 bath, and one 2 bed / 1 bath.
Each unit includes secure individual storage in the basement with outside access and additional storage units available for potential additional income. Each unit has its own individual gas and electric and 3 of the 4 units have gas ranges.
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Built in 1914
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RM2 Zoning
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95 Walk Score
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89 Bike Score
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Great Backyard Space
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Newly Remodeled Unit
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Excellent Location
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Great Storage
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Cap Rate: 4.67%
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GRM: 13.60
Woodstock Duplex
6644 SE Woodstock Blvd
$443,000
Classic Ranch Style Woodstock Duplex! Walking distance to all of the best trendy restaurants and shops that the Woodstock neighborhood has to offer.
The front unit is 2 bed/1 bath while the back unit is 3 bed/1.5 bath. Both units include working wood burning fireplaces, washer/dryer, and carport parking spaces in the rear of the building. The back unit is vacant and just recently had $15,000 of capital improvements, including a renovated bathroom, new carpet & paint throughout. Both units have sliding glass doors, which accesses a private patio & outdoor space. Ideal for an owner occupant or the urban renter.
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Popular Woodstock Neighborhood
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Fireplaces
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Carport Parking
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$15K Improvements in back unit
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Backyard Area
Dekum 6-Unit - New Construction
6822 NE Grand Ave Portland, OR 97211
$1,600,000
Newly constructed six-plex with beautiful units in a great location, blocks from the Dekum Triangle. Also close to N Williams, Mississippi & Alberta Arts districts. All units are 2 bedrooms, 2 bathrooms with spacious open floor plans, 9‘ ceilings, stainless steel appliances, quartz countertops, and washer/dryers. Each unit features mini-split heating and cooling systems, as well as private decks and/or patios. The master suites include walk-in closets and private balconies.
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New Construction
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Great Location
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Decks / Patios for each unit
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Stainless Steel Appliances / Quartz Countertops
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Washer/Dryer in each unit
Woodstock Duplexes
5120-5126 SE Carlton St. Portland, OR 97206
$825,000
Classic 70's ranch-style side by side duplexes on separate tax lots offered for sale together. All units are spacious 2 bedroom / 1 bath units with individual garages, fireplaces, washer/dryer hook-ups, patios, and extra storage
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Located 2 blocks from SE Woodstock Blvd
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Individual Garages
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Individual Patios
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Walk Score of 89 and bike score of 99
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Annual Income: $28,882 - 15.75 GRM
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Total Sqft: 3780
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Built: 1973
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Zoning: RM1
Classic Mediterranean Four-Plex
1023 - 1039 SE 21st Ave, Portland, OR 97214
$1,270,000
This impeccably maintained vintage building is full of all the charm and character that Portlanders love. Located on a quiet residential street, all units have private basements with washer/dryers & garage/storage space. All units have hardwood floors, fireplaces, dishwashers, built-ins & tile tub surrounds in the bathrooms. Three new gas furnaces and four new a/c units were installed in 2016. Unit 1031 had a $25K renovation in 2018. Rare find! ML# 18503998
Popular Buckman / Belmont Neighborhood
$69,840 Annual Rents – 17.9 GRM
4,926 Square Feet
Built 1927
Zoning – R2.5
Irvington Duplex
2342 - 2346 NE 14th Ave, Portland, OR 97212
$677,500
Featured on the cover of Oregon Home in 2001, this unique duplex in the heart of the Irvington features a wonderful master bedroom loft addition in the top floor unit. The lower unit includes a full basement, private yard & deck. Ideally suited for an owner occupant in either unit.
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Hardwood Floors
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Fireplaces in both units
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Washer/Dryer in both units
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Detached Garage
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Annual Income - 40,223 (16.80 GRM)
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Net Income - $30,813 (4.55 Cap Rate)
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Walk Score - 80; Bike Score - 95
Hawthorne Four-Plex w/ Developable Lot
4047 SE Main St, Portland, OR 97214
$810,000
Grand old Four-Plex with development potential. The 4-plex & detached garage sit on the east side of an oversized 8,572 SF lot. Owner applied for a Lot Line Adjustment & received a Property Line Adjustment Checksheet from the City. Call for details.
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Hardwood Floors, Built-Ins, Decks
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$61,200 Projected Annual Market Rents
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13.2 Gross Rent Multiplier
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6.07% Cap Rate on Pro Forma Financials
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Popular Sunnyside / Hawthorne Neighborhood
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Walk Score - 94; Bike Score - 93
Belmont District Duplex
706 - 710 SE 47th Ave, Portland, OR 97215
$505,000
Well maintained mid-century style duplex in the heart of the Sunnyside / Belmont District. One tenant is moving out so ideally suited for an owner occupant. Side by side units with private yards, storage sheds, off-street parking, W/D in each unit.
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New Tear-Off Roof in 2015
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Back unit renovated in 2014
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Current Annual Rents - 32,760 (15.2 GRM)
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Projected Market Rents - $40,680 (12.07 GRM)
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Walk Score - 76; Bike Score - 97
Classic Vintage Hollywood 16 Unit
1634 NE 41st Ave, Portland, OR 97232
$2,500,000
Classic vintage 16 unit in the heart of Hollywood full of all the charm and character Portlanders love. Period detail throughout including original woodwork, built-ins, french doors and hardwood floors. Easy walk to the Hollywood MAX station, Trader Joe's, 24 Hour Fitness, Hollywood theater, along with many restaurants, shops, and pubs. Walk score of 95 and bike score of 99!
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16 Studio Apartments
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$198,840 Annual Rents - 13.3 Gross Rent Multiplier
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6.04% Cap Rate on Actual Income & Expenses
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Built in 1927
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9,153 Square Feet
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CX Zoning