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
Active
$900,000
646 SE 60th Ave, Portland, OR 97215
4beds
5,474sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
Spacious residential units
- 2 days
- on Zillow |
- 258 |
- 12 |
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#: 494169870

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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