Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.
Pending
Price cut: $15K (4/8)
$560,000
11050 NE Glisan St, Portland, OR 97220
6beds
2,424sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$231/sqft
$-- HOA
What's special
Durable vinyl flooringHardwood floorsSpacious unitsNew back fence
- 83 days
- on Zillow |
- 55 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 06:21am
Listed by:
Kelly Hagglund 503-538-4531,
The Kelly Group Real Estate,
Alyssa Foster 503-621-8871,
The Kelly Group Real Estate
Source: RMLS (OR),MLS#: 392842930

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Gas Water Heater
- Laundry: Washer Dryer Hookup
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,424
- Total interior livable area: 2,424 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 0.28 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R161811
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Existing
- Year built: 1960
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $231/sqft
- Annual tax amount: $5,754
- Date on market: 1/24/2025
- Listing terms: Cash,Conventional
- Total actual rent: 3380
- Road surface type: Paved
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