Cascadeheritage.com Search Results

$929,000

Tin House Book's Red House on NW Thurman. Great CM2 commercial mixed/use zone; office, neighborhood retail, live/work. ADA accessible ramp from Thurman Street to ground floor reception room, ADA bath, data utility center and supply storage. On 2nd floor discover bright, flexible, creative space w/sliding barn doors to separate or combine for conference rooms & offices. Walls of built-in custom bookcases, corner fireplace, attractive kitchen, plus French doors to spacious garden deck for summer gatherings. The third floor features four good-sized private offices with pleasant views and skylights, plus full bath. This unique structure has been well-maintained including a new 2025 roof, and will support a variety of creative endeavors!

287369493 MLS

Tin House Book's Red House on NW Thurman. Great CM2 commercial mixed/use zone; office, neighborhood retail, live/work. ADA accessible ramp from Thurman Street to ground floor reception room, ADA bath, data utility center and supply storage. On 2nd floor discover bright, flexible, creative space w/sliding barn doors to separate or combine for conference rooms & offices. Walls of built-in custom bookcases, corner fireplace, attractive kitchen, plus French doors to spacious garden deck for summer gatherings. The third floor features four good-sized private offices with pleasant views and skylights, plus full bath. This unique structure has been well-maintained including a new 2025 roof, and will support a variety of creative endeavors!

2617 NW THURMAN ST, Portland

$5,499,900

Rare opportunity to acquire a fully completed 15 unit cottage cluster at 3246 SE 115th Ave in Portland’s Powellhurst Gilbert neighborhood, purpose built for long term rental performance. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making it a compelling addition to any portfolio. The unit mix includes 2 bedroom, 2.1 bathroom and 3 bedroom, 2.1 bathroom homes ranging from 894 to 970 sqft. Each home is individually metered with no shared walls, enhancing tenant privacy and allowing clean utility pass throughs. Energy efficient mini splits provide heating and cooling in every unit, helping control operating costs while supporting tenant comfort and retention. Modern construction and systems help reduce near term capital expenditure needs compared to older vintage multifamily assets. Site features include five off street parking spaces, private patios, and layouts designed for strong rental appeal. Proximity to Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, Starbucks, local cafés, Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park further supports strong and stable rental demand. With full site control, no HOA complications, and middle housing of this scale increasingly rare under current zoning, this is a turnkey, low maintenance multifamily asset in a high demand SE Portland location.

543081098 MLS

Rare opportunity to acquire a fully completed 15 unit cottage cluster at 3246 SE 115th Ave in Portland’s Powellhurst Gilbert neighborhood, purpose built for long term rental performance. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making it a compelling addition to any portfolio. The unit mix includes 2 bedroom, 2.1 bathroom and 3 bedroom, 2.1 bathroom homes ranging from 894 to 970 sqft. Each home is individually metered with no shared walls, enhancing tenant privacy and allowing clean utility pass throughs. Energy efficient mini splits provide heating and cooling in every unit, helping control operating costs while supporting tenant comfort and retention. Modern construction and systems help reduce near term capital expenditure needs compared to older vintage multifamily assets. Site features include five off street parking spaces, private patios, and layouts designed for strong rental appeal. Proximity to Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, Starbucks, local cafés, Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park further supports strong and stable rental demand. With full site control, no HOA complications, and middle housing of this scale increasingly rare under current zoning, this is a turnkey, low maintenance multifamily asset in a high demand SE Portland location.

3246 SE 115th AVE, Portland

$930,000

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. The unfinished basement offers a strong 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 redevelopment, with potential to add up to 10 new units under current code (buyer to verify). Investors and developers alike will appreciate the rare combination of strong in-place income and significant expansion potential within this high-demand, walkable neighborhood. Recent exterior upgrades include fresh paint (August 2025) reinforced fire escapes, low-maintenance landscaping, featuring open grassy areas and outdoor spaces enjoyed by tenants. Close to parks, schools, boutique shops, and public transit, this property stands out as a prime candidate for portfolio growth or redevelopment in the heart of Sellwood/Moreland. Please do not disturb tenants. All offers subject to interior inspection.

389001689 MLS

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. The unfinished basement offers a strong 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 redevelopment, with potential to add up to 10 new units under current code (buyer to verify). Investors and developers alike will appreciate the rare combination of strong in-place income and significant expansion potential within this high-demand, walkable neighborhood. Recent exterior upgrades include fresh paint (August 2025) reinforced fire escapes, low-maintenance landscaping, featuring open grassy areas and outdoor spaces enjoyed by tenants. Close to parks, schools, boutique shops, and public transit, this property stands out as a prime candidate for portfolio growth or redevelopment in the heart of Sellwood/Moreland. Please do not disturb tenants. All offers subject to interior inspection.

8410 SE 21ST AVE, Portland

$1,068,900

This is the kind of place that makes you smile when the rent checks come in. One solid little house and a hardworking triplex, all sitting together on one tax lot, quietly doing what good property is supposed to do—pay you back from day one. It’s fully rented, well cared for, and already cash flowing, so there’s no scrambling or guessing when you take the keys. The numbers pencil out, the location keeps tenants happy, and there’s room to grow as time goes on. Live in one and let the others help pay the mortgage, or tuck it into your portfolio and let it do its thing year after year. Trustee is a licensed Real Estate Agent in Oregon [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242480]

24376013 MLS

This is the kind of place that makes you smile when the rent checks come in. One solid little house and a hardworking triplex, all sitting together on one tax lot, quietly doing what good property is supposed to do—pay you back from day one. It’s fully rented, well cared for, and already cash flowing, so there’s no scrambling or guessing when you take the keys. The numbers pencil out, the location keeps tenants happy, and there’s room to grow as time goes on. Live in one and let the others help pay the mortgage, or tuck it into your portfolio and let it do its thing year after year. Trustee is a licensed Real Estate Agent in Oregon [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242480]

2309 SE 90TH AVE, Portland

$1,275,000

The Painted Lady Victorian home is rich in history and beautifully maintained. Currently is being used as a nightly rental, has been a month-to-month rental. 3 living spaces, main house, ADU in basement with full kitchen and outside entrance and the Studio/cottage in back. Parking on driveway and on the street. Quiet location. This property would be a great family home, multi-generational living or continue with investment and use as a short-term rental or long-term rental. Lots of options! Great location to shops, restaurants and the Irvington area. Newer roof (2022), plumbing and electrical box new in 2004, exterior paint 2018, new appliances/flooring in main kitchen 2023. Addition of ADU in basement, and studio out back. Peaceful courtyard and deck off of house. So many historic touches in this home remain yet modern convivences this truly a must see to appreciate incredible craftsmanship. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10100535]

24027427 MLS

The Painted Lady Victorian home is rich in history and beautifully maintained. Currently is being used as a nightly rental, has been a month-to-month rental. 3 living spaces, main house, ADU in basement with full kitchen and outside entrance and the Studio/cottage in back. Parking on driveway and on the street. Quiet location. This property would be a great family home, multi-generational living or continue with investment and use as a short-term rental or long-term rental. Lots of options! Great location to shops, restaurants and the Irvington area. Newer roof (2022), plumbing and electrical box new in 2004, exterior paint 2018, new appliances/flooring in main kitchen 2023. Addition of ADU in basement, and studio out back. Peaceful courtyard and deck off of house. So many historic touches in this home remain yet modern convivences this truly a must see to appreciate incredible craftsmanship. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10100535]

1927 NE 16TH AVE, Portland