Multi Family homes for sale & real estate in 97206, OR

Multi Family Home for sale in 97206, OR:

Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income. The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property’s SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes. Wheth

Multi Family Home for sale in 97206, OR:

Mt. Tabor duplex with serious upside. Just moments to trails, parks, and one of Portland’s most iconic settings, this well-located property offers two 2 bed / 1 bath units—each with its own tuck-under garage. Spacious living rooms with fireplaces, large kitchens with all appliances, and functional layouts make these units highly livable and consistently desirable to tenants. Unfinished basements provide excellent storage (and potential), while the nearly 8,000 sq ft lot adds long-term value and flexibility. High-efficiency gas furnace and a strong rental history in a high-demand location make this a smart addition to any portfolio—or an ideal owner-occupant opportunity. Lo

Multi Family Home for sale in 97206, OR:

This standalone duplex is a fantastic first investment opportunity — or an ideal owner-occupied setup! Each 877 sq ft unit features two bedrooms and one nicely sized bathroom, plus the convenience of in-unit laundry. The south-side unit has been beautifully updated and is move-in ready — perfect for an owner-occupant, valued at $1,145/month. The north unit rents at $1,600/month. Both units enjoy covered patios out back and a storage shed for extra space, along with alley access in the rear that neighboring properties have used for additional off-street parking (shed relocation would be needed to take full advantage). Major systems have been upgraded, including the roof, plumbing

Multi Family Home for sale in 97206, OR:

House + Detached ADU = Duplex alternative! Don't Skip this Lents property; A Vintage home in front & Modern detached ADU in back! ADU rented for $1,575/month with low vacancy since 2016, while the main home could rent for approximately $2,400/month—making this Lents property a standout blend of home, investment, and flexibility. Home A is a 976 SF, 2-bed, 1-bath 1910 bungalow filled with vintage charm and thoughtful updates. Warm fir floors, vintage trim, leaded glass, and a welcoming porch pair with newer windows and a front door. The kitchen was completely reimagined in 2024 with new cabinetry, surfaces, upgraded appliances, and a smarter layout opening to a bright bonus/sitti

Multi Family Home for sale in 97206, OR:

Brand-new 5 2-story townhomes offering 2 bedrooms, 2 baths, and a modern open-concept layout each. The main level features durable luxury vinyl plank flooring throughout the living, dining, and kitchen areas. The living room opens through sliding glass doors to a covered patio, extending the living space outdoors. The kitchen showcases beautiful wood cabinetry, quality finishes, and an efficient layout designed for everyday living. Upstairs, you'll find both bedrooms with wall-to-wall carpeting. The primary suite includes a private ensuite bathroom, while an attic provides valuable additional storage—a rare feature for a townhome. Built for comfort, performance, and energy savings, th

Multi Family Home for sale in 97206, OR:

An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor P