Multi Family homes for sale & real estate in Portland, OR

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ABOUT THIS HOME
Multi Family Home for sale in Portland, OR:
Rare triplex opportunity in the desirable Hollywood/Grant Park neighborhood. Built in 1927 and approximately 4,309 sq ft, the property features two spacious side-by-side upper units and a large lower unit (lower unit may be dividable into two), delivering flexible income potential. Thoughtful floorplates, a common laundry room and assigned off-street parking complement the building’s historic charm and strong curb appeal. Superb walkability to Grant Park, the Beverly Cleary Sculpture Garden and the Hollywood District’s restaurants, shops and transit; close to area medical centers. Excellent value for an investor. Tenant bill backs for utilities in place.

$1,075,000

7 beds4 baths4,420 sq ft

1902 NE 38th Ave, Portland, OR 97212

Triplex opportunity • Common laundry room • 5,227 sq ft lot

Ben Droukas PC • Windermere Realty Trust

ABOUT THIS HOME
Multi Family Home for sale in Portland, OR:
Close-in 28 unit apartment community in S Portland. Easy walk into downtown and 85 walk score. Same ownership for last 22 years and owner has continually updated the property. Most interiors have durable vinyl plank floors, updated appliances and efficient floor plans. Contact Agent for full OM. Please do not disturb residents.

$3,700,000

9 beds28 baths13,000 sq ft

10 S Porter St, Portland, OR 97201

Updated appliances • 85 walk score • 0.33 acre lot

Glenna Cooke • GA Cooke Real Estate Services

ABOUT THIS HOME
Multi Family Home for sale in Portland, OR:
Fully turn key apartment complex. Easy to run with great tenant community. Many updates completed so very little is needed for a long time. Units also been remodeled. Newer roof, new windows, new furnace, newer electric panels, water line updates including sewer and water main, great tenants.

$945,000

3 beds4 baths— sq ft

3333 SE 11th Ave, Portland, OR 97202

New furnace • Newer roof • Units remodeled

Michael Shall • RMS Investment Real Estate

ABOUT THIS HOME
Multi Family Home for sale in Portland, OR:
Inner SE, fully-leased 5-plex performs well with very little vacancy. Recent upgrades include a new roof in 2024, new windows in 2025, and new landscaping/fence in 2025. Minor upgrades in units as well. Future development potential to add another building on the lot (buyer to do due diligence). Professionally managed with all tenants current. Each unit comes with one off street parking spot. Easy access to public transit and all types of food/restaurants/coffee/grocery. Bike score 100. On-site laundry room also has locking storage closet for each unit. 1525-1533 SE 49th Ave, Portland, OR 97215

$1,175,000

7 beds5 baths3,538 sq ft

1525 SE 49th Ave, Portland, OR 97215

New landscaping • Off street parking • On-site laundry room

Aya Godschalk • Homebase Real Estate Group

LISTED BY REDFIN

ABOUT THIS HOME
Multi Family Home for sale in Portland, OR:
Exceptional Sellwood/Moreland 5-Plex with Rare Development Potential. An incredible opportunity in one of Portland’s most desirable rental markets. This well-maintained, income-producing 5-plex sits on an oversized RM1-zoned lot, offering multiple paths for both immediate and long-term upside. One unit is currently vacant and undergoing renovation, providing an ideal option for an owner-occupant or for leasing at full market rent. The unfinished basement offers a clear value-add opportunity, with a layout well-suited for conversion into a 6th dwelling unit (buyer to verify), potentially increasing annual income by more than 20%. The spacious lot and RM1 zoning open the door to future

$995,000

5 beds5 baths3,309 sq ft

8410 SE 21st Ave, Portland, OR 97202

Unfinished basement • 0.23 acre lot • 3 parking spots

Redfin

Property at 7537 N Heppner Ave, Portland, OR 97203, 8 beds, 4 baths

$824,900

8 beds4 baths3,132 sq ft

7537 N Heppner Ave, Portland, OR 97203

Adam Shepard • John L. Scott Portland Central

Property at 4822 N Vancouver Ave, Portland, OR 97217

$2,500,000

— beds— baths— sq ft

4822 N Vancouver Ave, Portland, OR 97217

Michael Beirwagen • Berkshire Hathaway HomeServices NW Real Estate

Property at 623 NE 74th Ave, Portland, OR 97213, 7 beds, 5 baths

$890,000

7 beds5 baths2,688 sq ft

623 NE 74th Ave, Portland, OR 97213

Lillie Barr • eXp Realty, LLC

Property at 3562 N Haight Ave, Portland, OR 97227, 13 beds, 18 baths

$2,619,900

13 beds18 baths6,733 sq ft

3562 N Haight Ave, Portland, OR 97227

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 7521 N Gloucester Ave, Portland, OR 97203, 5 beds, 3 baths

$795,000

5 beds3 baths3,892 sq ft

7521 N Gloucester Ave, Portland, OR 97203

Jessica Burke • Living Room Realty

Property at 2342 SE Ankeny St, Portland, OR 97214, 6 beds, 5 baths

$1,495,000

6 beds5 baths10,928 sq ft

2342 SE Ankeny St, Portland, OR 97214

Kelly Fitzmaurice • Harnish Company Realtors

Property at 7387 N Mobile Ave, Portland, OR 97217, 8 beds, 12 baths

$1,495,900

8 beds12 baths4,274 sq ft

7387 N Mobile Ave, Portland, OR 97217

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 2611 SE 130th Ave, Portland, OR 97236, 8 beds, 4 baths

$746,000

8 beds4 baths3,294 sq ft

2611 SE 130th Ave, Portland, OR 97236

Wenyan Zhu • Crestview Realty, LLC

Property at 5307 SE Malden St, Portland, OR 97206, 6 beds, 6 baths

$799,900

6 beds6 baths2,015 sq ft

5307 SE Malden St, Portland, OR 97206

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 4501 N Montana Ave, Portland, OR 97217, 4 beds, 4 baths

$639,900

4 beds4 baths2,250 sq ft

4501 N Montana Ave, Portland, OR 97217

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 18427 SE Yamhill St, Portland, OR 97233, 4 beds, 2 baths

$449,900

4 beds2 baths1,680 sq ft

18427 SE Yamhill St, Portland, OR 97233

Amit Amshalom • RE/MAX Equity Group

Property at 4103 SE Boise St, Portland, OR 97202, 32 beds, 4 baths

$825,000

32 beds4 baths— sq ft

4103 SE Boise St, Portland, OR 97202

Krystin Bassist • Windermere Realty Trust

Property at 4811 NE Prescott St, Portland, OR 97218, 15 beds, 7 baths

$1,400,000

15 beds7 baths— sq ft

4811 NE Prescott St, Portland, OR 97218

Henry Liu • Opt

Property at 7058 N Greenwich Ave, Portland, OR 97217, 4 beds, 2 baths

$549,000

4 beds2 baths1,984 sq ft

7058 N Greenwich Ave, Portland, OR 97217

Terry Long • Oregon First

Property at NE Ainsworth St, Portland, OR 97211, 34 beds, 51 baths

$6,999,000

34 beds51 baths15,956 sq ft

NE Ainsworth St, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 1873 SE Tacoma St, Portland, OR 97202, 12 beds, 18 baths

$2,369,900

12 beds18 baths5,476 sq ft

1873 SE Tacoma St, Portland, OR 97202

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 2324 SW Cactus Dr, Portland, OR 97205, 4 beds, 3 baths

$1,745,000

4 beds3 baths4,595 sq ft

2324 SW Cactus Dr, Portland, OR 97205

Dan Volkmer • Windermere Realty Trust

Property at 3433 SE 22nd Ave, Portland, OR 97202, 8 beds, 4 baths

$799,000

8 beds4 baths3,000 sq ft

3433 SE 22nd Ave, Portland, OR 97202

Marc Zemp • Keller Williams Sunset Corridor

Property at 5505 N Minnesota Ave, Portland, OR 97217, 4 beds, 2 baths

$585,000

4 beds2 baths2,680 sq ft

5505 N Minnesota Ave, Portland, OR 97217

David Axness • Axness & Kofman Real Estate

Property at 12315 12317 NE Fremont St, Portland, OR 97230, 4 beds, 4 baths

$749,950

4 beds4 baths3,404 sq ft

12315 12317 NE Fremont St, Portland, OR 97230

John Taylor • The Broker Network, LLC

Property at 2475 NW Raleigh St, Portland, OR 97210, 5 beds, 6 baths

$1,349,000

5 beds6 baths4,218 sq ft

2475 NW Raleigh St, Portland, OR 97210

Reese Iris • Windermere Realty Trust

Property at 5821 SE Knapp St, Portland, OR 97206, 8 beds, 4 baths

$850,000

8 beds4 baths2,000 sq ft

5821 SE Knapp St, Portland, OR 97206

Tiffany Laviolette • The Alpine Group, Inc.

Property at 402 SE 75th Ave, Portland, OR 97215, 5 beds, 3 baths

$699,000

5 beds3 baths2,164 sq ft

402 SE 75th Ave, Portland, OR 97215

Boston Bate • Matin Real Estate

Property at 1064 SE Franklin St, Portland, OR 97202, 10 beds, 12 baths

$1,699,900

10 beds12 baths4,152 sq ft

1064 SE Franklin St, Portland, OR 97202

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 839 SW Green Ave, Portland, OR 97205, 5 baths

$1,745,000

— beds5 baths3,321 sq ft

839 SW Green Ave, Portland, OR 97205

Dan Volkmer • Windermere Realty Trust

Property at 934 SE Nehalem St, Portland, OR 97202, 5 beds, 3 baths

$925,000

5 beds3 baths— sq ft

934 SE Nehalem St, Portland, OR 97202

Nihad Aweidah • Windermere Heritage

Property at 2036/2038 SE Morrison St, Portland, OR 97214, 5 beds, 2 baths

$779,000

5 beds2 baths2,315 sq ft

2036/2038 SE Morrison St, Portland, OR 97214

Jacob Serrill • Kelly Right Real Estate of Portland, LLC

Property at 2425 NE Alberta St, Portland, OR 97211, 134 baths

$30,875,000

— beds134 baths67,286 sq ft

2425 NE Alberta St, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 8805 SE 17th Ave, Portland, OR 97202, 9 beds, 9 baths

$1,249,900

9 beds9 baths4,536 sq ft

8805 SE 17th Ave, Portland, OR 97202

Mary Gedrose • Premiere Property Group, LLC

Property at 9023 SE Ankeny St, Portland, OR 97216, 4 beds, 2 baths

$474,900

4 beds2 baths— sq ft

9023 SE Ankeny St, Portland, OR 97216

Drew Coleman • Opt

Property at 5829 SE 80th Ct, Portland, OR 97206, 4 beds, 2 baths

$524,900

4 beds2 baths1,560 sq ft

5829 SE 80th Ct, Portland, OR 97206

Phillip Johnson • Realty First

Property at 5855 NE Prescott St, Portland, OR 97218, 34 beds, 46 baths

$5,424,900

34 beds46 baths13,521 sq ft

5855 NE Prescott St, Portland, OR 97218

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 821 NW 16th Ave, Portland, OR 97209, 5 beds, 4 baths

$1,099,000

5 beds4 baths5,088 sq ft

821 NW 16th Ave, Portland, OR 97209

Matthew Williams • Bison Properties

Property at 2465 NE Alberta St, Portland, OR 97211, 28 beds, 34 baths

$9,799,900

28 beds34 baths22,241 sq ft

2465 NE Alberta St, Portland, OR 97211

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 202 NE 162nd Ave, Portland, OR 97230, 7 beds, 3 baths

$619,900

7 beds3 baths— sq ft

202 NE 162nd Ave, Portland, OR 97230

Wally Tesfa • Acquire Properties

Property at 5038 N Vanderbilt St, Portland, OR 97203, 6 beds, 6 baths

$749,900

6 beds6 baths2,698 sq ft

5038 N Vanderbilt St, Portland, OR 97203

Joseph Hauge • Welcome Home Realty

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Multi Family Homes for Sale in Portland

There are currently 143 multi family homes for sale in Portland at a median listing price of $750K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Portland stay on the market for 112 days and receive 3 offers. Popular neighborhoods include Northwest Portland, Northeast Portland, Sellwood-Moreland, Southwest Portland, and Laurelhurst. This map is refreshed with the newest listings in Portland every 15 minutes.

In the past month, 515 homes have been sold in Portland. In addition to houses in Portland, there were also 902 condos, 128 townhouses, and 137 multi-family units for sale in Portland last month. Portland is a moderately walkable city in Multnomah County with a Walk Score of 67. Portland is home to approximately 583,496 people and 396,143 jobs. Find your dream home in Portland using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Portland are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Portland. Our Portland real estate stats and trends will give you more information about home buying and selling trends in Portland. If you're looking to sell your home in the Portland area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Portland with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Data Last Updated Wed Dec 24 2025

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