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4 Beds
3 Baths
5,474 sqft

$900,000

646 SE 60TH AVE, Portland OR, 97215

Price per sqft$164.41
Built in1926
Property size5,474 sqft
Property typeMulti-family
Listing Courtesy of NextHome Realty Connection, Steve Roesch. 503-318-6351

Overview

Pending

Listed Jul 27, 2026

Updated 6 days ago

Fully occupied and income-producing, this Mount Tabor-area triplex plus 8 SRO units offers the kind of cash-flow opportunity investors look for in a high-demand Portland location. With 11 total rentable spaces, 100% occupancy, and steady rental income already in place, this property is positioned as a strong portfolio addition for buyers seeking immediate income, tenant stability, and long-term upside. The property qualifies for conventional financing while producing income more in line with a small commercial multifamily asset, creating a rare blend of financing flexibility and commercial-style returns. Located in a busy, high-visibility area near Mount Tabor Park, transit, restaurants, services, and major Portland corridors, the property benefits from strong rental demand and everyday urban convenience. Just minutes from downtown Portland, this location offers access to employment centers, neighborhood amenities, and commuter routes that help support continued occupancy. Investors will appreciate the diversified unit mix, established rent roll, and the ability to acquire a fully occupied asset without taking on a lease-up project. With current cash flow, a central Portland location, and income performance comparable to a larger multifamily investment, this is a compelling opportunity for buyers looking to expand their rental portfolio. Seller is a licensed broker in Oregon. Please do not disturb tenants. Call for financials.

$5,988/mo

Est. mortgage payment based on a $900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
364335533

Interior Features

Bedrooms
4
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$13,499
Tax Frequency
Annually
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Listing Courtesy of NextHome Realty Connection, Steve Roesch. 503-318-6351

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than MORE Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/3/2026, 4:56 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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