2448 SE 117th Ave, Portland, OR 97216

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
2448 SE 117th Ave,Portland, OR 97216
$1,475,000
  • - Beds
  • - Baths
  • 5,899 sq. ft.
  • Multi-family
  • Active
Listed by: david columbus
Office: living room realty
MLS#:535479438
Source:PORTLAND

Price summary

  • Price:$1,475,000
  • Price per sq. ft.:$250.04

About this home

Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment. The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention. Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental...

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Home facts

  • Year built:2004
  • Listing ID #:535479438
  • Added:182 day(s) ago
  • Updated:April 03, 2026 at 11:24 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:5,899 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2004
  • Building area:5,899 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:3 Stories

Schools

  • High school:David Douglas
  • Middle school:Floyd Light
  • Elementary school:Mill Park

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,475,000
  • Price per sq. ft.:$250.04
  • Tax amount:$12,751 (2024)

Parking

  • Total parking spaces:7
  • Parking description:Off Street, Paved
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 3, 2026

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