646 SE 60th Ave

Portland, OR 97215

$1,050,000 Listing #254326
5,474 sq ft Year Built: 1926 Multi-Unit

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

Interior Features

Square Feet 5,474

Exterior Features

Lot Size 0.12 acres
Courtesy of Steve Roesch, NextHome Realty Connection
This content last updated on 12/29/2024 3:46 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Steve Roesch

OR License #: 980900045 WA License #: 25342 Direct: 503.318.6351
Expertise Types: Buyer Broker, Mortgage, New Homes, Relocation, Residential, Property Management, Land, Condominiums, Residential Investment, Short Sale, Foreclosure, Single Family Homes, Townhomes, Auction