Located in the vibrant Sellwood neighborhood of Portland, Oregon, prospective multi-family home buyers will find a variety of investment opportunities despite the neighborhood's primary focus on single-family homes and historic charm. While Sellwood is known for its century-old Craftsman and bungalow-style houses, the area also offers multi-family options such as well-maintained duplexes and triplexes, providing appealing choices for investors seeking steady returns in this desirable area. The housing market in Sellwood shows a slight dip in average sale prices, yet maintains a high demand with homes typically selling after 50 days on the market. Property values vary widely, with some units reaching up to $2 million, especially those with unique features like floating homes on the Willamette River. Sellwood's excellent walkability, with a Walk Score of 92 and a Bike Score of 99, enhances its appeal for tenants and residents who enjoy easy access to local parks, shops, and top-rated schools such as Llewellyn Elementary and Cleveland High School.
