PARKROSE Real Estate

PARKROSE Real Estate

Welcome to Parkrose, a charming and vibrant subdivision nestled in the heart of Portland, Oregon, within Multnomah County. Known for its friendly atmosphere and rich community spirit, Parkrose offers a unique blend of suburban tranquility and urban convenience, making it an ideal place to call home.

As you stroll through the tree-lined streets of Parkrose, you'll discover a variety of well-maintained homes, ranging from cozy bungalows to modern family residences. The neighborhood is characterized by its lush green spaces, providing residents with ample opportunities for outdoor activities, picnics, and leisurely walks. Nearby parks, such as Parkrose Community Park and Glenhaven Park, are perfect for families and individuals alike, offering playgrounds, sports facilities, and serene walking trails.

Parkrose is also conveniently located near major transportation routes, making it easy to access downtown Portland and beyond. Residents enjoy close proximity to shopping centers, dining options, and entertainment venues, ensuring that everything you need is just a short drive away. The community is served by reputable schools, making it a great choice for families looking to settle down in a nurturing environment.

In addition to its appealing residential offerings, Parkrose boasts a strong sense of community, with regular events and gatherings that bring neighbors together. Whether you’re enjoying a summer block party or participating in local volunteer initiatives, you’ll quickly find that Parkrose is more than just a place to live; it’s a place to thrive.

Discover the charm of Parkrose, where community and convenience come together to create the perfect neighborhood for you and your family. Come explore this hidden gem in Portland and find your dream home today!

Newest Listings in PARKROSE

$430,000
3 Beds 2 Baths 613585064 MLS
Live large in Parkrose with over 2,000 sq ft of flexible space on a generous, level lot. Fresh interior and exterior paint give this 3-bed, 2-bath home a crisp, move-in-ready feel. The formal living room features a wood-burning fireplace and opens to the dining area for easy entertaining. The kitchen offers stainless steel appliances, a gas range, and an adjoining eating room with a sliding door leading to the back patio. The spacious primary suite includes double closets, a ceiling fan, an attached bathroom, and its own sliding door out to the separate back deck. Two additional bedrooms share an updated full bath. The expansive lower level provides a huge family room, office space, and potential to create a fourth bedroom and additional bathroom. A large laundry and utility room adds even more functionality. Outside, a covered patio extends your outdoor season and flows into the fully fenced backyard—ideal for gardening, play, or pets. The oversized detached two-car garage includes workshop space, plus there’s a separate tool shed and a long driveway for ample off-street parking. Located on a quiet street surrounded by well-kept homes, just two blocks from Parkrose High School with quick access to major freeways. This home is perfectly ready to make it yours! See our virtual tour links for more information! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249253]

3811 NE 114TH AVE, Portland

$875,000
24068858 MLS
**Investor Opportunity | Fully Occupied 4-Plex | Strong Cash Flow | Turnkey Asset**Expand your investment portfolio with this **fully leased, professionally maintained 4-plex** in the desirable Parkrose neighborhood of Northeast Portland. Built in **2005** and substantially updated in **2014**, this low-maintenance asset offers the combination every investor is looking for—**stable rental income, modern construction, and long-term appreciation potential.** Each of the four spacious units features **2 bedrooms, 2 full bathrooms, approximately 900 square feet**, open-concept living, washer/dryer hookups, dedicated storage, and private outdoor space. Lower units enjoy **fenced backyards**, while upper units offer **both front and rear balconies**, creating strong tenant appeal and supporting long-term occupancy. Currently generating **$73,920 in annual gross income** with an estimated **$52,920 net operating income**, this investment offers immediate cash flow with additional upside as rents continue to strengthen in the Portland market. Tenants pay their own utilities while owner expenses remain manageable, making this an ideal asset for both experienced investors and those seeking a quality addition to a growing portfolio. Situated on a level lot with off-street parking, fiber cement siding, forced-air gas heat, public utilities, and contemporary construction, this property is designed for durability and reduced maintenance. The convenient location provides quick access to I-205, Portland International Airport, public transportation, shopping, dining, parks, and major employers—features that continue to attract quality tenants year after year. Whether you're completing a 1031 Exchange, building passive income, or looking for a stable multifamily investment with proven occupancy, this property delivers the fundamentals that matter: strong cash flow, desirable unit mix, modern construction, and lasting investment potential.**Please do not disturb tenants**

4724 NE 101ST AVE, Portland

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