5160 NE Columbia Blvd, Portland, OR 97218
Local realty services provided by:Knipe Realty ERA Powered
5160 NE Columbia Blvd,Portland, OR 97218
$750,000
- 4 Beds
- 3 Baths
- 2,601 sq. ft.
- Single family
- Active
Listed by: nicholas eckelman
Office: luxe forbes global properties
MLS#:560773310
Source:PORTLAND
Price summary
- Price:$750,000
- Price per sq. ft.:$288.35
About this home
Charming income-producing triplex in desirable NE Portland — 5160 NE Columbia Blvd. Rare investment opportunity with solid cash flow and flexible IG2 zoning for future options. Property features three well-maintained units (mix of 3BR and studio layouts), updated kitchens, efficient appliances, in-unit storage, and on-site laundry. Separate meters for water and electricity where applicable, off-street parking for tenants, and a secure common entrance. Strong rental history, low vacancy, and professional property management in place — immediate income from day one. Prime location: minutes to Columbia Slough greenway, easy access to I-84 and I-205, close to shopping, restaurants, and public transit. IG2 zoning adds redevelopment potential or expanded commercial/industrial use subject to city approvals. Ideal for investors seeking stable returns with upside through minor value-add renovations or future entitlement. Contact for rent roll, income/expense statements, and to schedule a showing.
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Home facts
- Year built:1948
- Listing ID #:560773310
- Added:52 day(s) ago
- Updated:November 21, 2025 at 12:25 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,601 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1948
- Building area:2,601 sq. ft.
- Lot area:0.28 Acres
Schools
- High school:Leodis McDaniel
- Middle school:Beaumont
- Elementary school:Rigler
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$288.35
- Tax amount:$3,448 (2024)
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