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$875,000
715983655 MLS
A rare offering in one of Southeast Portland's most established rental corridors: a well-cared-for triplex sold together with the adjacent triplex, creating a six-unit package under single ownership. Both buildings must close concurrently.What separates these units from typical Portland triplexes is the private space. Every unit comes with its own garage and its own basement, accessible to that tenant alone. Add central air conditioning and original hardwood floors in each unit, and these rent like single-family homes rather than apartments.Most units have already been updated. New water service lines have been run to the building. Landscaping is meticulously kept, and the shared courtyard gives the property a calm, residential character that keeps turnover low and referrals steady.The expense structure favors ownership. Water, sewer, and gas are all billed directly to tenants. Trash is the owner's only utility obligation.In-place rents are running roughly 10.63% under market, leaving clear organic upside as units turn. Combined with light operating costs and minimal deferred maintenance, the result is a stabilized asset with room to grow NOI without a heavy capital plan.Location, condition, and unit configuration rarely line up like this at this size.Must sell in conjunction with the neighboring triplex. All offers subject to interior inspection. Please do not disturb tenants.

3002 SE BROOKLYN ST, Portland

$875,000
787062550 MLS
Immaculately maintained triplex in a highly sought-after Southeast Portland location, offered in conjunction with the neighboring triplex. Both properties must sell and close together.Each unit lives like a home. Private garage and private basement space accessible only to that tenant, a feature that consistently drives demand and retention in this rental pool. Air conditioning in every unit. Hardwood floors throughout. Most units have been updated, and new water service lines serve each building.The setting sets this offering apart: impeccable landscaping, a beautiful central courtyard, and a peaceful, established residential block that tenants do not leave easily.Operating expenses are light for ownership. Tenants pay their own water, sewer, and gas. The landlord pays trash only.Current rents sit approximately 12% below market, delivering immediate upside to a new owner without repositioning the asset or displacing tenants. Strong in-place income, minimal deferred maintenance, and a clear path to higher NOI.An uncommon opportunity to acquire six units side by side in one of Portland's most durable rental submarkets, with the scale advantages of a small multifamily portfolio and the tenant appeal of individual homes.Sold subject to the concurrent sale of the adjacent triplex. All offers subject to interior inspection. Please do not disturb tenants.

2940 SE BROOKLYN ST, Portland

$475,950
296109990 MLS
Big corner lot. Big flexibility. A setup that works. This spacious ranch brings a rare layout with a 3 bedroom, 2 bathroom main level, private primary suite, open living and dining spaces, wood burning fireplace and easy flow to a backyard that actually shows up. Think summer dinners, raised beds, firepit nights, garden goals and plenty of room to make it your own. Downstairs, the fully permitted 2 bedroom, 2 bathroom ADU is the standout with high ceilings, its own kitchen with island, fireplace, separate living space, laundry and a tenant already in place on a month to month tenancy. This makes it a strong option for buyers looking for rental income from day one. Keep the rental stream and let the lower level help offset the cost of ownership. Large attached garage with room for gear, tools, storage and weekend toys. Main level living, ADU income potential, oversized yard, garage storage and a flexible floor plan all in one seriously smart package.

16820 SE ALDER ST, Portland

$825,000
684280159 MLS
Excellent Investment Opportunity in the Highly Desirable Waverleigh Heights Neighborhood!This well-maintained, single-level 2,783 SF triplex, built in 1958, has been owned by only two owners since it was constructed—a rare opportunity to acquire a pride-of-ownership property in one of Southeast Portland's most sought-after neighborhoods.The property features one spacious 2-bedroom, 2-bath unit complete with a mini-split heating and air conditioning system, cozy fireplace, private fenced backyard, and an attached 2-car garage. The two additional units each offer 1 bedroom and 1 bath, providing an excellent mix of unit sizes for a variety of tenants.All three units feature hardwood floors and full individual basements with washer/dryer hookups, offering abundant storage and added convenience. The property's solid construction, timeless layout, and desirable location make it an attractive long-term investment opportunity.The property offers a 4.5% capitalization rate with current gross annual income of $56,340 and a Net Operating Income (NOI) of $37,159, providing investors with immediate income potential and long-term appreciation opportunity in a highly desirable Southeast Portland location.Ideally located just minutes from Cleveland High School Field, nearby bus lines, and the shops, restaurants, and everyday conveniences along SE Powell Boulevard, this property also offers easy access to downtown Portland and surrounding neighborhoods.Whether you're looking to expand your investment portfolio or own a quality multifamily property in a prime Southeast Portland location, this exceptional Waverleigh Heights triplex is an opportunity you won't want to miss.

3392 SE WAVERLEIGH BLVD, Portland

$715,000
517939218 MLS
Beautifully updated property featuring two completely remodeled units (3 bed/2 bath & 2 bed / 1 bath) in a highly central location. Both Units are currently occupied. Both the interior and exterior renovations were completed in 2024, including a brand-new sewer line for added peace of mind.Each unit offers its own laundry room, extra office space, fully fenced backyard, separate storage shed, and covered patio—perfect for relaxing or entertaining. Conveniently located near public transportation, schools, and grocery stores, this property combines comfort with everyday convenience. Ample parking is available, with plenty of on-site space as well as additional street parking. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245222]

2345 SE 145TH AVE, Portland

$750,000
672451695 MLS
Nearly new and move-in ready duplex with total 6 beds , 4 baths, and 2 attached double-car garages, featuring numerous recent upgrades, including a new roof, new furnace, new siding, new flooring, new range, new water tank and more. Excellent opportunity for owner-occupants to enjoy comfortable living while the second unit helps offset mortgage expenses. Spacious entry with 16 ft high Ceilings. Beautiful front yard and many parking spaces welcome guests. Large back deck perfect for barbecuing, entertaining, and enjoying the refreshing breeze and sunshine. Estimated market rent is approximately $2,500 per month per unit due to recent rebuilt & remodeling. Easy access to shopping, dining, and the library. Minutes to gorgeous Lincoln Park and Parklane Park for leisure activities. Duplex addresses: 1940 SE 143rd Ave (rebuilt) and 14333 SE Harrison St (remodeled), Portland, OR 97233

1940 SE 143RD AVE, Portland

-$1
306514570 MLS
Sixplex is still available from June 3rd Sealed Bid Auction. The two-story Amber Court Apartments, built in 2008, are located on SE 141st Avenue, one block south of SE Division. All units feature three bedrooms, two-and-a-half baths, with a one-car garage. Tenants are on month-to-month leases, with several in place for over three years. Adjacent Auction Property #113, a leased three-bedroom, one-bath home on a 12,197± sq. ft. lot, shares access and offers potential for up to eight additional units if redeveloped. Projected 2026 gross income is $135,720, with real estate taxes of $17,040. The landlord covers water, sewer, trash, and landscaping. This property presents a rare opportunity to acquire newer construction with stable income and future development potential in a well-located Southeast Portland setting.

2544 SE 141ST AVE, Portland

$569,900
195603699 MLS
Well-maintained duplex offering an excellent investment or owner-occupant opportunity. Each unit features an attached one-car garage, two spacious bedrooms, and one and a half baths. A versatile bonus room in each unit provides flexible use as an office, den, or potential non-conforming bedroom. Functional floor plans with private entrances, ample storage, and convenient garage access enhance livability. Ideal for rental income, multigenerational living, or living in one unit while renting the other. Conveniently located with easy access to nearby amenities, schools, and commuter routes. New roof & sewer line in 2023. New water heater in unit 12530, sod installed, and gutters repaired and cleaned in 2024. Unit 12528 is on a month to month lease and 12530 is on a one year lease that began in May 2026. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10213424]

12528 SE TAGGART ST, Portland

$1,813,900
381819522 MLS
Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti’s Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.

6439 SE 88th AVE, Portland

$1,068,900
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

$1,369,900
24258556 MLS
This stunning duplex boasts a phenomenal Ladds Addition location with roof-top deck that rises above the trees, offering unparalleled views of the expansive cityscape, bridges, the picturesque Willamette River, and the majestic West Hills. With 100 BikeScore, proximity + luxury unite! Step inside to discover the epitome of modern living, complete with high-end finishes and attention to detail in both sizable units. The thoughtful, open concept creates seamless living while the extensive wall of windows with vaulted ceiling offers an abundance of light + bright airiness! The chefs kitchen provides custom cabinetry, slab counters, stainless steel appliances, floating shelves + large eat-island plus hard surface flooring! The sleek exterior design of the property is a true testament to contemporary architectural elegance with new construction peace of mind! Standout features continue with rare + desirable garage and AC. Don't miss this exceptional investment opportunity to own a piece of urban paradise in one of the most sought-after neighborhoods with this caliber of finish! Perfect proximity, just steps to amenities; only 0.07 miles to eats, 0.1 miles to coffee/juice, theaters, grocery, and 0.2 miles to Ladds Rose Garden! Bolster your investment portfolio with the phenomenal opportunity!

2135 SE 12th AVE, Portland

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