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

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Home facts

  • Year built:1948
  • Listing ID #:560773310
  • Added:1 day(s) ago
  • Updated:September 30, 2025 at 04:16 AM

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)
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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: September 30, 2025