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Parkrose Multifamily Homes & Duplexes for Sale

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  • /20

    $595,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft

    4840 NE 99th Ave, Portland, OR 97220

    *** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available

    Agent Photo

    Jason Kennedy

    RE/MAX Equity Group

    (971) 396-5635

    4840 NE 99th Ave, Portland, OR 97220
  • /8

    $875,000

    • 8 Beds
    • 8 Baths
    • 4,320 Sq Ft

    4724 NE 101st Ave, Portland, OR 97220

    Fully rented 4-plex, each unit has 2 bedrooms, 2 baths, living area, washer and dryer hookup closet and storage room. The bottom units have a fenced backyard. Upstairs units have front and back balconies. It was built in 2005 and renovated throughout in 2014. PLEASE DO NOT DISTURB THE TENANTS. All offers to be contingent on interior inspection.

    Scott Osmon All Professionals Real Estate

    4724 NE 101st Ave, Portland, OR 97220

Why Live in Parkrose

Parkrose, located in Northeast Portland along the Columbia River, has transitioned from an agricultural area to a mixed-use neighborhood with unique eateries and easy access to Interstates 84 and 205. Sandy Boulevard divides the community, with warehouses and hotels to the north and midcentury single-story homes on spacious lots to the south. Known for its diversity, Parkrose features Craftsman-style homes, bungalows, and smaller dwellings, often surrounded by mature trees and gardens. Parkrose High School, part of the Parkrose School District, is highly rated for its music program. The Historic Parkrose Business District on Sandy Boulevard includes Parkrose Hardware and Disc Golf Depot. Dining options like Antojitos Mexicanos Taqueria and Fork and Spoon offer diverse cuisines. The Parkrose Market Place on weekends features local vendors, food, and live music. Rossi Farms hosts private events and offers views of Mt. Hood. Recreational areas include Senn's Dairy City Park with a community garden, Luuwit View Park with a dog area and rock climbing wall, and the nearby Rose City Golf Course. Outdoor enthusiasts enjoy the Columbia River Gorge National Scenic Area for hiking and kayaking. Parkrose is near Portland International Airport and employers like Providence Portland Medical Center. The neighborhood is connected by TriMet’s public bus systems and the Parkrose/Sumner Transit Center, providing access to downtown Portland, about 10 miles away, and downtown Vancouver, approximately 11 miles away. While some areas experience noise from the airport, Parkrose offers spacious lots and diverse amenities.

Home Trends in Parkrose, OR

Housing Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$510,000
Median 2 Bedroom Sale Price
$340,000
Median 1 Bedroom Sale Price
$560,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
9
Last 12 months Home Sales
38
Months of Supply
2.80
Median List Price
$394,995
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
146%
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