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503-206-1112
Keller Williams Premier Partners
2121 SE 50TH AVE, Portland, OR 97215
- $850,000
- List Price
- $850,000
- Days on Market
- 3
- MLS#
- 157877053
- Property Type
- Multifamily
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.
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Additional Information
- Tax Amount
- $10,452
- Year Built
- 1968
- High School
- Franklin
- Elementary School
- Glencoe
- Middle School
- Mt Tabor
- Acres
- 0.11
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity
- Exterior Description
- Board & Batten Siding, Brick
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Paved
- Parking Description
- Paved
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1041
- Unit Type One Sq Ft
- 864
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1820
- Unit Type Three Sq Ft
- 864
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1041
- Unit Type Four Sq Ft
- 864
- Unit Type Four Units Total
- 1
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Listing courtesy of Move Real Estate Inc.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.