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Triplex for Sale in Portland, OR

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  • /34

    $870,000

    • 6 Beds
    • 3 Baths
    • 2,603 Sq Ft

    5103 NE 42nd Ave Unit 5115, Portland, OR 97218

    Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered

    Heidi Torkko Real Broker

    5103 NE 42nd Ave Unit 5115, Portland, OR 97218
  • /7

    $425,000

    • 3 Beds
    • 3 Baths
    • 2,274 Sq Ft

    9803 SE Henry St, Portland, OR 97266

    Outstanding value for a savvy investor who knows how to maximize rents.Over 6% cap rate! **Seller Carry Financing is an option**. Triplex with 2 units currently leased--the lower unit is vacant after a nice renovation including new cabinets, carpet and paint. Ideal scenario for owner occupied. Tons of parking in front and back, locked and individual storage for each unit, washer and dryer in each

    Andrew Misk The Agency Portland

    9803 SE Henry St, Portland, OR 97266
  • /29

    $1,075,000

    • 7 Beds
    • 4 Baths
    • 4,420 Sq Ft

    1902 NE 38th Ave Unit 1904, Portland, OR 97212

    Rare triplex opportunity in the desirable Hollywood/Grant Park neighborhood. Built in 1927 and approximately 4,309 sq ft, the property features two spacious side-by-side upper units and a large lower unit (lower unit may be dividable into two), delivering flexible income potential. Thoughtful floorplates, a common laundry room and assigned off-street parking complement the building’s historic

    Benjamin Droukas Windermere Realty Trust

    1902 NE 38th Ave Unit 1904, Portland, OR 97212
  • /24

    $750,000

    • 4 Beds
    • 3 Baths
    • 2,601 Sq Ft

    5160 NE Columbia Blvd, Portland, OR 97218

    Charming income-producing triplex in desirable NE Portland — 5160 NE Columbia Blvd. Rare investment opportunity with solid cash flow and flexible IG2 zoning for future options. Property features three well-maintained units (mix of 3BR and studio layouts), updated kitchens, efficient appliances, in-unit storage, and on-site laundry. Separate meters for water and electricity where applicable,

    Nick Eckelman LUXE Forbes Global Properties

    5160 NE Columbia Blvd, Portland, OR 97218
  • /33

    $850,000

    • 3 Beds
    • 3 Baths
    • 1,661 Sq Ft

    9647 SW Capitol Hwy, Portland, OR 97219

    This single-family home has been reimagined into three separate living spaces, all of which are fully permitted and approved for year-round short-term rental use. While not permitted as a triplex, the property operates legally and successfully as an Airbnb, offering incredible flexibility and consistent performance. With proven, high occupancy rates and financials accurately reflected in RMLS

    Jacob Serrill Kelly Right Real Estate of Portland, LLC

    9647 SW Capitol Hwy, Portland, OR 97219
  • /29

    $800,000

    • 4 Beds
    • 3 Baths
    • 3,110 Sq Ft

    2406 SE Yamhill St, Portland, OR 97214

    Full of charm and opportunity, this classic Victorian triplex in Southeast Portland offers both investment potential and character. The property features two main-level units plus a spacious upper-level unit, with a combined total of just over 3,100 square feet. Two units are currently rented, while the upper unit is vacant and ready for immediate occupancy or owner-use. A sweet and private

    Judy Adler Windermere Heritage

    2406 SE Yamhill St, Portland, OR 97214
  • /29

    $650,000

    • 3 Beds
    • 2 Baths
    • 2,794 Sq Ft

    3224 SE Francis St Unit 3236, Portland, OR 97202

    Vintage and charming 1940 vintage "built-as" triplex with hardwood floors, front and back doors, basement storage and laundry. Lots of windows to bring in the light. Building contains one 2 bedroom unit (with bonus room in the basement and direct access to laundry area) and two 1 bedroom units. Close to downtown, parks, shopping, restaurants and bars. Please do not walk on property or disturb

    Chris Bonner Neighbors Realty

    3224 SE Francis St Unit 3236, Portland, OR 97202
  • /32

    $890,000

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

    3123 SE 31st Ave, Portland, OR 97202

    Beautiful 3-Unit Opportunity in the Heart of Richmond. Rarely available! This charming triplex has been lovingly maintained and has changed hands only a few times since 1980. Formerly owner-occupied until 2021, the property reflects pride of ownership and long-term care. Property Highlights:Updated roof and separate electrical meters. All units share water, sewer, and garbage. Inviting shared

    Kathryn King KJK Properties PC

    3123 SE 31st Ave, Portland, OR 97202
  • /19

    $639,000

    • 5 Beds
    • 3 Baths

    6134 NE Multnomah St Unit 6136, Portland, OR 97213

    Great owner occupant or investor triplex in Rose City Park. 2 out of the 3 units are occupied. The basement was recently finished out, and there is more potential living space that has not been finished yet. This triplex has mid-century style including fireplaces and hardwood floors. All units have access to laundry facilities. Solar panels help keep utilities low.

    Brian Porter Opt

    6134 NE Multnomah St Unit 6136, Portland, OR 97213
  • /37

    $795,000

    • 5 Beds
    • 3 Baths
    • 3,892 Sq Ft

    7521 N Gloucester Ave, Portland, OR 97203

    Charming Farmhouse Triplex in the Heart of North Portland – Fully Leased with 5% Cap Rate and Upside Potential. Tenants are month-to-month but can sign annual leases. This former farmhouse, now a thoughtfully converted triplex, is nestled in the vibrant Peninsula neighborhood. This income-producing property blends vintage charm with modern upgrades. Opportunities for increased cash flow or

    Jessie Burke Living Room Realty

    7521 N Gloucester Ave, Portland, OR 97203
  • /24

    $850,000

    • 4 Beds
    • 3 Baths

    4620 NE Lombard St, Portland, OR 97218

    Investor Opportunity. 5-Plex in NE Portland. Unlock reliable cash flow with this well-maintained 5-unit multi-family property in a high-demand rental area of NE Portland. Situated on a large lot, the property features two buildings: One-story triplex, three units, each 2 bed / 1 bath, approx. 780 sq ft. Plus a Two-story duplex, two units, each 2 bed / 1.5 bath, approx. 800 sq ft.Property

    Julie Yarnall Keller Williams Realty Portland Premiere

    4620 NE Lombard St, Portland, OR 97218
  • /29

    $399,000

    • 3 Beds
    • 2.5 Baths
    • 2,237 Sq Ft

    1536 NE 77th Ave, Portland, OR 97213

    **Charming mid-century modern ranch on a spacious 5,000sf lot is ready for your personal touch! This home is being sold as-is and features generous interior square footage for living, relaxing and entertaining. With a large front living room and converted family room on main PLUS a generous den in the partially finished lower level, this home awaits your imagination for charmed and functional

    Taya Mower Keller Williams Sunset Corridor

    1536 NE 77th Ave, Portland, OR 97213
  • /11

    $330,000

    • Land
    • 0.62 Acre
    • $532,258 per Acre

    5308 SE 113th Ave, Portland, OR 97266

    This 28,749 sq ft lot offers rare flexibility under Portland’s Residential Infill Project (RIP). Subdivide into 3-4 lots, each eligible for a house + ADUs, duplex, or even a fourplex. Other options include building a single-family home + 2 ADUs, a duplex, triplex, or fourplex, or develop a cottage cluster.Zoning supports diverse housing types to meet today's demand. An incredible opportunity for

    Ricardo Rodrigo Rocha Paez Summa Real Estate Group

    5308 SE 113th Ave, Portland, OR 97266
  • /11

    $275,000

    • Land
    • 0.08 Acre
    • $3,437,500 per Acre

    0 SE Alder St, Portland, OR 97215

    Rare lot in the beautiful Buckman Neighborhood. This is your opportunity to build your dream scenario in the heart of SE Portland. This 36 x 100 lot is zoned R5 to include a single family home with ADU, duplex, triplex, four-plex, etc. Buyer to confirm with city. Possible downtown views from a second floor. Close to restaurants, bars, coffee shops, Revolution Hall, schools and some of

    Allison Ellermeier Neighbors Realty

    0 SE Alder St, Portland, OR 97215
  • /31

    $518,000

    • 5 Beds
    • 3 Baths
    • 2,145 Sq Ft

    6402 SE 57th Ave, Portland, OR 97206

    Quiet street in the Woodstock neighborhood! 1967 original house with 2021 addition makes this property uniquely versatile! Original single floor home has 3 bedrooms, 1 bathroom, oversized living room, laundry and a single car garage, facing 57th Ave. The 2021 Addition, attached to the back of the house, is accessible from either inside the house or via its own separate side entrance or the

    Terry Long Oregon First

    6402 SE 57th Ave, Portland, OR 97206
  • /28

    $699,000

    • 5 Beds
    • 3 Baths
    • 3,558 Sq Ft

    5814 N Mississippi Ave, Portland, OR 97217

    Do Not Disturb Tenants.Viewings upon receipt of offer. Discover a prime investment opportunity in the heart of Portland’s vibrant Mississippi Avenue neighborhood! This well-maintained triplex, zoned CM2, is fully occupied and situated in an Opportunity Zone (score: 4), offering significant tax advantages for savvy investors.

    Nicholas Cook Rise Realty, Inc

    5814 N Mississippi Ave, Portland, OR 97217
  • /34

    $799,000

    • 8 Beds
    • 7 Baths
    • 4,096 Sq Ft

    900 NE 91st Ave, Portland, OR 97220

    Triplex with 6.53% Cap Rate. Current loan on the property is assumable at well below market rate. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property

    J.P. Praisler MORE Realty

    900 NE 91st Ave, Portland, OR 97220
  • /41

    $925,000

    • 5 Beds
    • 3 Baths

    934 SE Nehalem St, Portland, OR 97202

    Well-maintained and in excellent condition, this triplex is truly move-in ready for investors seeking steady returns. Located in a high-demand area, it offers a rare opportunity for both seasoned investors and those making their first multi-unit purchase. With a walk score of 92 and a bike score of 99, tenants will enjoy unmatched convenience, making this an even more attractive investment. Don’t

    Nihad Aweidah Windermere Heritage

    934 SE Nehalem St, Portland, OR 97202
  • /8

    $348,000

    • Land
    • 0.09 Acre
    • $3,866,667 per Acre

    3431 SE Franklin St Unit west of, Portland, OR 97202

    Rare .09 acre or 40 x 100, lot in Richmond, a quaint and quiet inner SE Portland Neighborhood! Property is zoned R5. The lot is close to services on Powell, Clinton, Division, Gladstone, Belmont, Hawthorne, and Sellwood. The land is flat and has few large trees. Allowed uses include a single family house with up to 2 ADU's, a duplex, triplex, or fourplex. Buyer to be responsible for their own due

    Sean O'feery Living Room Realty

    3431 SE Franklin St Unit west of, Portland, OR 97202
  • /18

    $600,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft

    2536 NE Hoyt St Unit 2540, Portland, OR 97232

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    2536 NE Hoyt St Unit 2540, Portland, OR 97232
  • /27

    $600,000

    • 5 Beds
    • 3 Baths
    • 2,194 Sq Ft

    2544 NE Hoyt St Unit 2548, Portland, OR 97232

    Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the

    Chris Suarez Keller Williams Sunset Corridor

    2544 NE Hoyt St Unit 2548, Portland, OR 97232
  • /8

    $560,000

    • 6 Beds
    • 3 Baths
    • 2,496 Sq Ft

    15 NE 127th Ave, Portland, OR 97230

    Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity

    Kevin Morris Kevin Morris Realty

    15 NE 127th Ave, Portland, OR 97230
  • /40

    $1,050,000

    • 6 Beds
    • 4 Baths
    • 2,550 Sq Ft

    6125 S Hood Ave, Portland, OR 97239

    Triplex is located in the wonderful John's Landing neighborhood, close to the city, shopping, restaurants, trails, dog park and the Willamette river. Each unit has a fenced yard and there are community planter boxes in the sidewalk easement. Units 2 & 3 (B & C) have a dedicated parking space along with the street parking. This is a great investment opportunity!

    Jeanne Able Windermere Realty Trust

    6125 S Hood Ave, Portland, OR 97239
  • /3

    $549,900

    • 2 Beds
    • 3 Baths

    8507 N Mohawk Ave, Portland, OR 97203

    Excellent St Johns location on corner of Central and Mohawk. 1908 triplex. Two 1 beds and a studio apartment. Please don't disturb tenants, Full basement and attached garage for storage.

    Scott Crowe Sierra Cascades Real Estate

    8507 N Mohawk Ave, Portland, OR 97203
  • /33

    $649,000

    • 6 Beds
    • 3 Baths
    • 2,424 Sq Ft

    9630 SE Foster Rd Unit 9634, Portland, OR 97266

    Assumable FHA loan at 2.375% This updated triplex at 9630 SE Foster Rd, Portland presents an excellent investment opportunity. With a new roof and new siding, the property is in top condition, requiring minimal upkeep. Additionally, a 10% rent increase is set to take effect in July. enhancing the potential growth future cash flow. Located in a desirable area of Portland, this triplex offers both

    Amit Amshalom RE/MAX Equity Group

    9630 SE Foster Rd Unit 9634, Portland, OR 97266
  • /46

    $1,068,900

    • 8 Beds
    • 7 Baths

    2309 SE 90th Ave, Portland, OR 97216

    CASH FLOWING INVESTMENT. A House plus Tri-pLex. Say no more. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838 (based on 20% down, 7% interest, 30-year fixed).That’s positive cash flow from day

    Lillie Barr eXp Realty, LLC

    2309 SE 90th Ave, Portland, OR 97216
  • /13

    $185,000

    • Land
    • 0.13 Acre
    • $1,423,077 per Acre

    2670 SE 174th Ave, Portland, OR 97236

    Build a multi-family property up to a four-plex. A prime flat piece of land perfectly suited for your plans. Zoned R7. The seller has approved tri-plex plans and the permits. The permits can be issued once the sidewalk improvements are bonded. The plans are for a townhouse style triplex w/o a garage living total of 1110 sqft, 2bedroom, 1.1 bath each unit. The seller is willing to sell plans.

    Michele Montoya MORE Realty

    2670 SE 174th Ave, Portland, OR 97236
  • /16

    $1,259,900 New Construction

    • 4 Beds
    • 6 Baths

    1616 SE Morrison St, Portland, OR 97214

    Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural

    Darryl Bodle Keller Williams Realty Portland Premiere

    1616 SE Morrison St, Portland, OR 97214

Home Trends in Portland, OR

Housing Trends

Median Sale Price
$540,000
Median Single Family Sale Price
$589,000
Median Townhouse Sale Price
$475,000
Median 2 Bedroom Sale Price
$359,900
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$330
Number of Homes for Sale
2,608
Last 12 months Home Sales
8,872
Months of Supply
3.50
Median List Price
$549,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%
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