2448 SE 117th Ave, Portland, OR 97216

Local realty services provided by:Columbia River 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

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Home facts

  • Year built:2004
  • Listing ID #:535479438
  • Added:130 day(s) ago
  • Updated:February 10, 2026 at 12:19 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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