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Listed by Real Broker • Heidi@HeidiTorkko.com
$870,000
Est. payment /mo
2,603 SqFt
New
5103 NE 42ND AVE Portland, OR 97218
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,603 sqft
Price per Sqft $334
MLS Listing ID 407658043
Year Built 1946
Annual Tax Amount $6,758
Tax Year 2025
Property Description
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 parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Do not walk property or disturb tenants.
Location
State OR
County Multnomah
Community Alllandscaping
Area _142
Zoning RM2
Interior
Heating Baseboard, Forced Air
Exterior
Community Features AllLandscaping
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Grant
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://homes.photojacknw.com/5101-5103-5115-NE-42nd-Ave/idx

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