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  • $900,000

    646 SE 60th Ave, Portland, OR 97215

    4beds
    5,474sqft
    : 
    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $164/sqft
    $-- HOA

    What's special

    Spacious residential units
    This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland’s most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials
    2 days
    on Zillow
    |
    258
    |
    12
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    Zillow last checked: 10 hours ago

    Listing updated: May 02, 2025 at 02:36am

    Listed by:

    Steve Roesch 503-318-6351,

    NextHome Realty Connection

    Source: RMLS (OR),MLS#: 494169870MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 646 SE 60th Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Baseboard, Forced Air
    Features
    • Basement: Full,Storage Space
    Interior area
    • Total structure area: 5,474
    • Total interior livable area: 5,474 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,227.2 Square Feet
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R221952
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1926

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: All Landscaping
    • Security: Entry
    • Subdivision: Mt Tabor
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $164/sqft
    • Tax assessed value: $913,270
    • Annual tax amount: $13,013
    • Date on market: 5/2/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 10745
    • Road surface type: Paved
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