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

Multi Family Home for sale in East Portland, OR:

Powell Flats is a 10-unit, garden-style apartment complex in Portland’s Powellhurst-Gilbert area. Built in 1973, it offers two-bedroom, two-bath units with an average rent of $1,470. Four of the units are vacant, creating immediate value-add potential. Investors can increase rental income by upgrading units and aligning rents with the market rate of $1,500, making it a strong investment opportunity in a growing submarket.

Multi Family Home for sale in East Portland, OR:

Powell Station Apartments is a 14-unit complex in Portland’s Powellhurst-Gilbert neighborhood. Built in 1999, it features two-bedroom, two-bath units across four buildings with private yards, balconies, and rentable garage spaces. Extensive renovations in over half the units have raised rents to $1,599, while classic units rent for $1,175, offering a 27% rent upside. This property presents a value-add opportunity with modern upgrades and desirable amenities.

Multi Family Home for sale in East Portland, OR:

Two homes for the price of one! Nice single level home with a great completed ADU to boot. #A FULLY REMOLDED ALL NEW. Nice sized 6000 sq ft fenced yard. This all makes for an excellent income property and investment! Brings in $3000. in rent!

Multi Family Home for sale in East Portland, OR:

Presenting a rare investment opportunity in the Powellhurst-Gilbert neighborhood: a multifamily property featuring 6 impeccably designed detached homes. This unique offering includes (2) 4-bedroom, 2.1-bath units and (4) 2-bedroom, 2.1-bath units, each showcasing open concept floor plans that are both stylish and functional. Step inside to find interiors bathed in natural light and warm tones. The kitchens are a highlight, featuring extensive tilework, custom cabinetry, and gleaming stainless steel appliances. Two of the units offer a desirable main-level bedroom, perfect for use as a home office or guest space. Upstairs, each unit provides a serene primary suite and 1-2 additional spacious

Multi Family Home for sale in East Portland, OR:

Under construction townhouse style 8-plex with (6) 2 bedroom and 1.5 bath units and (2) 1 bedroom 1 bath units. All the 2 bedrooms units have a private enclosed patio. Corner lot with ample street parking. 5 min to Portland Airport, 15 min to downtown Portland, just an overall phenomenal central location! * * * Apraised value is $2,250,000 * * * Priced for a quick sale! Estimated completion is 12/1. Hurry dont miss this opportunity to bolster your investment portfolio!

Multi Family Home for sale in East Portland, OR:

Under construction 2 side by side townhouse style 8 plexes on 2 separate tax lots (can be sold separately). Each with (6) 2 bedroom and 1.5 bath and (2) 1 bedroom 1 bath units. For a total of (12) 2 bedroom and 1.5 bath units and (4) 1 bedroom 1 bath units. All the 2 bedrooms units have a private enclosed patio. Corner lot with ample street parking. 5 min to Portland Airport, 15 min to downtown Portland, just an overall phenomenal central location! * * * Apraised value is $4,500,000 * * * Priced for a quick sale! Estimated completion is 12/1. Hurry dont miss this opportunity to bolster your investment portfolio!

Multi Family Home for sale in East Portland, OR:

Potential investment built in 2000 in a pretty convenient location. Each unit has 2 bedrooms, 1.5 bathrooms, living room with gas fireplace. Unit A pays for their own utilities except for garbage. Unit B pays for their own electric and gas. Tenants on month-to-month contracts and there's room to increase rent. Now, unitA $1050, unit B $1058 (section8).

Multi Family Home for sale in East Portland, OR:

House Hacker Special!! Opportunity knocks with this hard to find four plex with each unit being 3 beds and 2 baths. Perfect owner occupied investment or just straight up investment property. Rents are month to month and under value currently. Opportunity to raise rents and increase the value of your investment. Great for 1031 Exchange or first investment property. Either way you will be hard pressed to find a better value.

Multi Family Home for sale in East Portland, OR:

This is the perfect opportunity to own an investment property! Live in one side or rent both out to start or build your real estate portfolio. Owner occupied side recently renovated with new kitchen and bathroom. Both units have hardwood floors & their own laundry. Covered patios out back, each with it's own storage shed. The hard work has already been done! Upgrades include new plumbing, electrical panels, roof and more! Turn key ready

Multi Family Home for sale in East Portland, OR:

Great investment opportunity for new investors or someone interested in owner occupancy. DO NOT DISTURB TENANTS. GRM of 12.29 is highly competitive! Doors and exterior staircase newly painted. Gas range, double pane windows and wood floors. Near I-205 and I-84. This unique opportunity won't last long.

Multi Family Home for sale in East Portland, OR:

Take a look at this great opportunity: a stable, performing fourplex with large units, ample parking, garages for each unit, and some recent updates, including carpet and paint in 2 of the units, new flooring in 1 unit, and more.

Multi Family Home for sale in East Portland, OR:

Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit, built 1966. All units have their own full-size washer & dryer, except the original 4-plex has a shared laundry. All townhouse-style units feature 9' ceilings on the main level. Tenants pay own electricity bills. Gross sq. ft. is gross rentable area, and

Multi Family Home for sale in East Portland, OR:

New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess the investment's potential. Overall, a plug-and-play investment opportunity in a promising location.

Multi Family Home for sale in East Portland, OR:

Wow 3 detached homes on a 9487 sq ft lot (same tax lot)! Check out what this property has to offer. Newer roof on 3 Homes. Two of the homes are 3 bedrooms, 1.5 bathroom offering spacious family room with open concept kitchen. One home (8413) is a three level home with 2 bedrooms, a full bathroom, and a finished basement with 2 bonus rooms. Secured parking space. Convenient location with public transportation within blocks, and lots of amenities just a short distance away. Do not miss out on this opportunity.

Multi Family Home for sale in East Portland, OR:

Elegantly restored with ease of maintenance in mind, this 4-plex has separately metered electric, a metal roof, new appliances, beautiful cabinets, partially fenced yard, & has plenty of off-street parking. Ideal location amongst other single family homes and multi family apts, near Starbucks, shopping, schools, and easy access to the I5. Please do not disturb tenants. They are happy and we want to keep it that way.

Multi Family Home for sale in East Portland, OR:

Price per door $105k. Cash flow & opportunity! At the lower end of the spectrum she is not as sexy as some but she is an earner! Don't let looks deceive you, this property is always occupied and has many long term tenants with various avenues of rent support. All but a few units have recent upgrades which would include all surfaces, New roofs on 3 of the buildings 2020. All but one building have been separately sub- metered giving the financials a huge opportunity moving forward. Windows and insulation upgraded too.

Multi Family Home for sale in East Portland, OR:

The McKinley Park Apartments built in 1966 is a 7 unit complex with 2Bed/1Bath apartments, all currently rented. Large open kitchen spaces highlight these units and current monthly rents are $8,072. The property is 1 block from a TriMet bus stop and has easy freeway access to Hwy 205. Powell Butte Nature Park is just 5 blocks away for access to Hiking and Biking Trails. New exterior paint 2018, new perimeter fencing and gates 2020-2023, new trash enclosure in 2023 and seal coated-striped parking lot 2023.

Multi Family Home for sale in East Portland, OR:

Great investment opportunity. 7 Unit complex with, 2- 1 Bed/1Bath apartments and 4- 2Bed/1Bath apartments plus a 2 Bed/1 Bath home. There is also a studio, recently used for storage, that is being prepped to rent. On site laundry room services the 6 units and the home has a washer/dryer. New tear off roof and gutters on the house in 2018 and extensive remodeling and new flooring in 2022. 4 of 7 units received updates over the last 3 years. Currently, all units are occupied. Scheduled rents are $8,230 per month.

Multi Family Home for sale in East Portland, OR:

Turnkey Triplex Priced To Sell @ $675,000!! fully remodeled and renovated from top to bottom with new electrical, plumbing, roof, windows, flooring, appliances and so much more. Great investment opportunity, perfect for residing in one while renting out the others or multigenerational living. Spacious two bedroom upper floor unit with high ceilings, walls of windows and open living space. Two main level one bedroom units front and back with separate fenced yards. Exterior entry basement includes shared laundry area with new coin-op laundry machines and extra storage space/bonus room. All set on large corner lot providing a wonderful neighborhood feel. Close to shopping, restaurants, Pickles

Multi Family Home for sale in East Portland, OR:

NEW IMPROVED PRICE, READY TO SELL, Well maintained units in off street secluded property with ample parking for everyone. Easy to rent 1 bedroom and 3 bedroom units. Low maintenance investment. Monthly rents are 1604 and 1212! Make all offers subject to interior inspection! THIS IS A GREAT BUY!!

Multi Family Home for sale in East Portland, OR:

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

Multi Family Home for sale in East Portland, OR:

Stunning + modern new construction 29-unit apartment complex from a quality local builder! Trendy, studio floor plans showcase elevated designs + finishes with tall ceilings, SS appliances, W/ D hookups, AC + indoor bike storage! Situated in the desirable Hazelwood neighborhood, the 91 Bikescore says it all with amazing proximity to Mall 205 + Adventist Health plus nearby transit, shopping, restaurants, multiple parks, schools and freeway access!

Multi Family Home for sale in East Portland, OR:

Great investment opportunity. 2 duplexes, side by side. Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring, windows, paint, hot water heaters and electrical panels. Owner has updated the decks and landscaping in the private and common areas. Large off-street parking for 8 vehicles. Close to transportation and plenty of amenities. All units are occupied. One MTM tenant.