5814 N Mississippi Ave, Portland, OR 97217

Portland
Local realty services provided by:Knipe Realty ERA Powered
5814 N Mississippi Ave,Portland, OR 97217
$675,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: claire paris
Office: paris group realty llc.503-998-4878
MLS#:748260085
Source:PORTLAND

Price summary

  • Price:$675,000

About this home

Start your investment portfolio in one of the beloved neighborhoods with income already working for you on day one! This 1905 bungalow triplex in the heart of the Mississippi Ave. corridor is a compelling rental or owner-occupied home. Rented ground floor Unit 1 is 1 bed/1 bath and upper Unit 2 is 2 bed/1 bath provide immediate, stable income from day one, grossing a combined $2587/mo. Move right into vacant ground floor Unit 3 with its 2 beds, 1 bath, and an eat-in kitchen.The lower two units share access to a spacious blank slate backyard. Unit 2 has its own covered balcony providing outdoor space. The basement offers shared laundry and ample storage. There’s room to bring your own style and elevate the interiors over time, creating additional upside in both rents and value. It’s a smart way to get into the market in a location that’s coveted by owners and renters alike.Set on a quieter stretch of N Mississippi, this is exactly the kind of place renters are drawn to. Mornings start...

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Home facts

  • Year built:1905
  • Listing ID #:748260085
  • Added:92 day(s) ago
  • Updated:June 27, 2026 at 08:54 PM

Rooms and interior

  • Basement Description:Partial Finished

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1905
  • Lot area:0.12 Acres
  • Levels:3 Stories

Schools

  • High school:Roosevelt
  • Middle school:Ockley Green
  • Elementary school:Beach

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Tax amount:$3,284 (2025)
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 2026 RMLS, Portland, Oregon. Last updated: June 27, 2026

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