Cascadeheritage.com Search Results

$429,000

**Unique Triplex** Includes BOTH a duplex and a detached house which are combined on one tax lot as a triplex. House and one of the duplex units are rented--the additional duplex unit is vacant and ready! Parking spots on the property, with a carport on the back unit. Some upgrades are already done! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251738]

794853348 MLS

**Unique Triplex** Includes BOTH a duplex and a detached house which are combined on one tax lot as a triplex. House and one of the duplex units are rented--the additional duplex unit is vacant and ready! Parking spots on the property, with a carport on the back unit. Some upgrades are already done! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251738]

4731 NE 62ND AVE, Portland

$660,000

Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.

228970624 MLS

Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.

6332 NE 45TH AVE, Portland

$880,000

TWO BUILDINGS 3600 SQ FT TOTAL. 1800 SQ FT IS LEASED AT 3,278 PER MONTH. SECOND BUILDING 1800 SQ FT IS VACENT. PERFECT FOR OWNER/USER. 0.43 ACRE SITE WITH 18 PARKING SPACES. HVAC AND ROOF IN 2017. ON #77 BUSLINE. PEVIOUSLY WAS USED AS LAW OFFICE AND CHIROPRACTOR OFFICE. ZONE CM1. NO SIGN ON PROPERTY.

561989299 MLS

TWO BUILDINGS 3600 SQ FT TOTAL. 1800 SQ FT IS LEASED AT 3,278 PER MONTH. SECOND BUILDING 1800 SQ FT IS VACENT. PERFECT FOR OWNER/USER. 0.43 ACRE SITE WITH 18 PARKING SPACES. HVAC AND ROOF IN 2017. ON #77 BUSLINE. PEVIOUSLY WAS USED AS LAW OFFICE AND CHIROPRACTOR OFFICE. ZONE CM1. NO SIGN ON PROPERTY.

12715 NE HALSEY ST, Portland

$949,900

Fantastic tri-plex opportunity with exceptional income potential and townhome living in a coveted rental neighborhood! Situated in the Concordia/Alberta Arts neighborhood on a lot zoned RM1, this outstanding property is walking distance to coffee, shops, cafe's, mass transportation, New Season's, parks, and all the goings on in the bustling Alberta Arts district. Each of the beautiful townhouse style units features 2 bedrooms and 1.1 bathrooms, laminate and slate floors, and generous room sizes. The living room has slider access to your own private backyard. The kitchen features stainless steel appliances, electric ranges, built-in dishwashers and built-in microwaves. Half baths on the main levels. Bedrooms are upstairs and have wall to wall carpets and share a full bath with a tub/shower combination. Stackable washer and dryers are located in each unit. Utilities are all separate, including water/sewer, electricity. Parking in back for 3 cars through the alley. A brand new fence on the north side and exterior paint create a gorgeous lifestyle. The property is also perfect for multigenerational lifetyles and for owner occupant buyers. Proforma attached.

324568237 MLS

Fantastic tri-plex opportunity with exceptional income potential and townhome living in a coveted rental neighborhood! Situated in the Concordia/Alberta Arts neighborhood on a lot zoned RM1, this outstanding property is walking distance to coffee, shops, cafe's, mass transportation, New Season's, parks, and all the goings on in the bustling Alberta Arts district. Each of the beautiful townhouse style units features 2 bedrooms and 1.1 bathrooms, laminate and slate floors, and generous room sizes. The living room has slider access to your own private backyard. The kitchen features stainless steel appliances, electric ranges, built-in dishwashers and built-in microwaves. Half baths on the main levels. Bedrooms are upstairs and have wall to wall carpets and share a full bath with a tub/shower combination. Stackable washer and dryers are located in each unit. Utilities are all separate, including water/sewer, electricity. Parking in back for 3 cars through the alley. A brand new fence on the north side and exterior paint create a gorgeous lifestyle. The property is also perfect for multigenerational lifetyles and for owner occupant buyers. Proforma attached.

4934 NE 32ND PL, Portland

$5,600,000

"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes 4 tax ID #s and multiple lots: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner. Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**

108757022 MLS

"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes 4 tax ID #s and multiple lots: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner. Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**

4232 NE SANDY BLVD, Portland

$1,199,995

Exceptional investment and redevelopment opportunity in Portland's Parkrose Heights neighborhood. This 3,124 SF single-tenant, Class B freestanding retail building, formerly home to the well-known Kings Omelets Restaurant, is a turnkey second-generation restaurant space with existing equipment and infrastructure in place, ideal for an owner-operator looking to hit the ground running. Built in 1967 and situated on a 0.46-acre lot, the property is positioned at the intersection of NE Halsey St and NE 106th Ave, benefiting from dual street access, excellent visibility, and prominent signage on both corridors. With 16 parking spaces, the site is well-equipped to serve high-volume retail or restaurant traffic. Its outstanding regional connectivity includes immediate proximity to I-205 and I-84, easy access to the Gateway Transit Center, and is just minutes from Kaiser Permanente Gateway Medical Office, providing a built-in customer base. Zoned CM2, the property unlocks significant redevelopment potential, permitting a wide range of commercial uses as well as medium-density residential development. With Portland's retail sector outperforming expectations in 2026 and Parkrose Heights emerging as one of northeast Portland's next growth corridors, this is an ideal site for investors and developers looking to get ahead of the curve. Walk Score 78 | Bike Score 76 | Transit Score 63.

694087806 MLS

Exceptional investment and redevelopment opportunity in Portland's Parkrose Heights neighborhood. This 3,124 SF single-tenant, Class B freestanding retail building, formerly home to the well-known Kings Omelets Restaurant, is a turnkey second-generation restaurant space with existing equipment and infrastructure in place, ideal for an owner-operator looking to hit the ground running. Built in 1967 and situated on a 0.46-acre lot, the property is positioned at the intersection of NE Halsey St and NE 106th Ave, benefiting from dual street access, excellent visibility, and prominent signage on both corridors. With 16 parking spaces, the site is well-equipped to serve high-volume retail or restaurant traffic. Its outstanding regional connectivity includes immediate proximity to I-205 and I-84, easy access to the Gateway Transit Center, and is just minutes from Kaiser Permanente Gateway Medical Office, providing a built-in customer base. Zoned CM2, the property unlocks significant redevelopment potential, permitting a wide range of commercial uses as well as medium-density residential development. With Portland's retail sector outperforming expectations in 2026 and Parkrose Heights emerging as one of northeast Portland's next growth corridors, this is an ideal site for investors and developers looking to get ahead of the curve. Walk Score 78 | Bike Score 76 | Transit Score 63.

10711 NE HALSEY ST, Portland

$1,075,000

One of a kind income property in bustling central eastside location! 3 buildings for a total of 6 units. Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. Recent maintenance includes sewer line scope, rain drain flushed, new sewer cleanout install. 350 bldg has been pre-inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Lot line adjustment and partition application is open with city of Portland. This property offers many possibilities and so much potential!

575351309 MLS

One of a kind income property in bustling central eastside location! 3 buildings for a total of 6 units. Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. Recent maintenance includes sewer line scope, rain drain flushed, new sewer cleanout install. 350 bldg has been pre-inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Lot line adjustment and partition application is open with city of Portland. This property offers many possibilities and so much potential!

350 NE 61ST AVE, Portland

$799,000

Rare opportunity to own a historic piece of Portland in the highly sought-after Concordia neighborhood. This well-maintained, fully occupied 4-plex features four 1-bedroom, 1-bath units situated on a large corner lot with excellent upside potential, including the possibility of adding a 5th unit in the basement! The property includes on-site laundry and additional basement storage fortenant's convenience. Ideally located just blocks from the vibrant Alberta and Killingsworth districts, offering some of Portland’s best shops, restaurants, cafés, and entertainment. Please donot disturb tenant's, make offer subject to interior inspection.

762231440 MLS

Rare opportunity to own a historic piece of Portland in the highly sought-after Concordia neighborhood. This well-maintained, fully occupied 4-plex features four 1-bedroom, 1-bath units situated on a large corner lot with excellent upside potential, including the possibility of adding a 5th unit in the basement! The property includes on-site laundry and additional basement storage fortenant's convenience. Ideally located just blocks from the vibrant Alberta and Killingsworth districts, offering some of Portland’s best shops, restaurants, cafés, and entertainment. Please donot disturb tenant's, make offer subject to interior inspection.

5734 5740 NE 30TH AVE, Portland

$1,900,000

2 tax lot, parking is 1 lot, could park up to 16 cars, Restaurant open from 6pm-2am, Lounge, karaoke, business is very busy, owner is retiring, great development opportunity, could be nursery, carwash, and a lot more. Please contact agent prior of showing, do not disturb employees.

710545478 MLS

2 tax lot, parking is 1 lot, could park up to 16 cars, Restaurant open from 6pm-2am, Lounge, karaoke, business is very busy, owner is retiring, great development opportunity, could be nursery, carwash, and a lot more. Please contact agent prior of showing, do not disturb employees.

Portland

$1,400,000

This seven-unit multifamily property in Portland’s desirable Cully neighborhood offers an exceptional investment opportunity. The property features six spacious two-bedroom, one-bathroom units and one larger three-bedroom, one-bathroom unit with a private garage, making it ideal for a mix of tenants and potential owner-occupancy. Recent upgrades include a new roof installed five years ago and energy-efficient double-pane windows throughout, reducing long-term maintenance and improving tenant appeal. Situated in a highly sought-after area known for its vibrant community feel, the property offers easy access to parks, dining, shopping, and public transit, providing excellent livability for tenants. With strong rental demand, a desirable unit mix, and recent capital improvements, this property presents a rare opportunity for investors seeking steady income potential and long-term appreciation in one of Portland’s fastest-growing neighborhoods.

395703257 MLS

This seven-unit multifamily property in Portland’s desirable Cully neighborhood offers an exceptional investment opportunity. The property features six spacious two-bedroom, one-bathroom units and one larger three-bedroom, one-bathroom unit with a private garage, making it ideal for a mix of tenants and potential owner-occupancy. Recent upgrades include a new roof installed five years ago and energy-efficient double-pane windows throughout, reducing long-term maintenance and improving tenant appeal. Situated in a highly sought-after area known for its vibrant community feel, the property offers easy access to parks, dining, shopping, and public transit, providing excellent livability for tenants. With strong rental demand, a desirable unit mix, and recent capital improvements, this property presents a rare opportunity for investors seeking steady income potential and long-term appreciation in one of Portland’s fastest-growing neighborhoods.

4811/4823 NE PRESCOTT ST, Portland

$2,100,000

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

535506988 MLS

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

4339 4337 NE KILLINGSWORTH ST, Portland

$2,100,000

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

335570176 MLS

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

4331 NE KILLINGSWORTH ST, Portland

$900,000

Exceptional opportunity to acquire a highly functional warehouse with versatile use potential. The building can be easily demised to accommodate a variety of operational needs. It includes two private offices, each equipped with its own restroom. The open layout provides unobstructed space ideal for manufacturing, distribution, production, mechanical operations, or grow operation. The property is equipped with three phase electrical service and features an additional 6,300 square feet of clear span mezzanine space not included in square footage, offering valuable expansion or storage capacity.

354642000 MLS

Exceptional opportunity to acquire a highly functional warehouse with versatile use potential. The building can be easily demised to accommodate a variety of operational needs. It includes two private offices, each equipped with its own restroom. The open layout provides unobstructed space ideal for manufacturing, distribution, production, mechanical operations, or grow operation. The property is equipped with three phase electrical service and features an additional 6,300 square feet of clear span mezzanine space not included in square footage, offering valuable expansion or storage capacity.

6704 NE 47TH AVE, Portland