2448 SE 117th Ave, Portland, OR 97216
Local realty services provided by:Knipe Realty ERA Powered
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 market.
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Home facts
- Year built:2004
- Listing ID #:535479438
- Added:1 day(s) ago
- Updated:October 02, 2025 at 08:21 PM
Rooms and interior
- 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
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)
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