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Richmond Multifamily Homes & Duplexes for Sale

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  • /32

    $890,000

    • 6 Beds
    • 4 Baths
    • 3,046 Sq Ft

    3123 SE 31st Ave, Portland, OR 97202

    Beautiful 3 unit building in Richmond that has not changed hands often since 1980. Was owner occupied until 2021. Updated Roof, separate electrical meters, and all units on shared w/s/g. Shared yard and grand entrance, grand porch, and attached garage rented to unit C. Rents are current and rent increases are out to residents. Uploaded reports are actual cash flow reports for last 3.5 years.

    Kathryn King KJK Properties PC

    3123 SE 31st Ave, Portland, OR 97202
  • /27

    $559,000

    • 3 Beds
    • 2 Baths
    • 2,280 Sq Ft

    3904 SE Clinton St, Portland, OR 97202

    Set up for dual living. 1906 Charm with 21st Century updates! Main floor boasts high ceilings and beautiful wood floors. New kitchen with quartz countertops, lots of cabinets, drawers with hush feature, SS appliances, French doors to backyard deck and stairs from deck to spacious backyard. Bright and cheery large living room/dining room with beautiful wood floors and wood-burning fireplace and

    Terry Long Oregon First

    3904 SE Clinton St, Portland, OR 97202
  • /44

    $1,100,000

    • 6 Beds
    • 3 Baths

    2406 SE 30th Ave, Portland, OR 97214

    Rare opportunity to own two homes on one lot in one of the best locations in SE Portland! This 1929 English style home sits on a corner lot just a block off Division St on a beautifully tree lined street! With 5 bedrooms and 2 full baths, there's plenty of room for all! Original details throughout include hardwood floors, fireplace, built-ins, picture rails and coved ceilings. Full unfinished

    Jarrett Altman Neighborhood Works

    2406 SE 30th Ave, Portland, OR 97214
  • /47

    $780,000

    • 5 Beds
    • 3 Baths
    • 3,420 Sq Ft

    5105 5109 SE Tibbetts St, Portland, OR 97206

    Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors,

    Michael Kafoury Urban Nest Realty

    5105 5109 SE Tibbetts St, Portland, OR 97206
  • /20

    $1,879,900 Open Sat 1PM - 3PM

    • 8 Beds
    • 12 Baths
    • 3,751 Sq Ft

    1812 SE 37th Ave, Portland, OR 97214

    1814 SE 37th Ave presents a rare investment opportunity in Portland’s Richmond neighborhood. These new construction homes offer modern design and a prime location with a Walk Score of 94 and a Bike Score of 100, appealing directly to tenants who value lifestyle, convenience, and mobility. Unlike many nearby developments, these homes are not condos. Each unit may be designated as fee-simple,

    Darryl Bodle Keller Williams Realty Portland Premiere

    1812 SE 37th Ave, Portland, OR 97214

Why Live in Richmond

Richmond, a neighborhood in Portland, Oregon, is across the Willamette River from Downtown Portland. Known for its vibrant mix of retail and residential areas, Richmond spans a mile and a half along South East Division Street, where visitors can enjoy artisanal donuts at Blue Star or Italian-style gelato at Pinolo. The neighborhood is highly walkable, with streets shaded by 100-year-old trees and homes dating back to the early 20th century. Richmond offers a variety of home styles, including 1920s-era cottages, mid-century modern properties, and early 1900s bungalows and foursquares. While street parking can be tight, some homes feature tuck-under garages for additional storage. Richmond is home to several highly rated schools, including Abernethy Elementary, Hosford Middle, and Cleveland High, which offers International Baccalaureate classes and a Mandarin Immersion Program. The neighborhood's main thoroughfares, South East Division Street, South East Hawthorne Boulevard, and South East Powell Boulevard, are lined with eclectic boutiques, restaurants, and grocery stores. Popular spots include Stumptown Coffee Roasters, DC Vegetarian, and New Seasons Market. For entertainment, residents can visit the Clinton Street Theater, Studio One Theaters, and the nearby Aladdin Theater. Outdoor activities are abundant, with Sewallcrest Park offering a playground, dog area, and athletic fields, while Clinton City Park provides soccer fields and emergency communication services. Mt. Tabor Park, an extinct volcano site, spans over 100 acres and is recognized as the first Urban Quiet Park in the country. Richmond residents can access Downtown Portland via the TriMet public bus system and light rail, with Portland International Airport less than 10 miles away. Medical care is available at Providence Portland Medical Center, just 2 miles north.

Home Trends in Richmond, OR

Housing Trends

Median Sale Price
$651,000
Median Single Family Sale Price
$679,500
Median Townhouse Sale Price
$703,750
Median 2 Bedroom Sale Price
$379,900
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$337
Number of Homes for Sale
29
Last 12 months Home Sales
147
Months of Supply
2.40
Median List Price
$649,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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