6332 NE 45th Ave, Portland, OR 97218

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
6332 NE 45th Ave,Portland, OR 97218
$620,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,352 sq. ft.
  • Multi-family
  • Active
Listed by: erika george, amy fawcett
Office: living room realty503-719-5588
MLS#:228970624
Source:PORTLAND

Price summary

  • Price:$620,000
  • Price per sq. ft.:$263.61

About this home

Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.

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Home facts

  • Year built:1976
  • Subdivision & Development:CULLY
  • Listing ID #:228970624
  • Added:69 day(s) ago
  • Updated:November 06, 2026 at 02:49 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:2,352 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:2,352 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Leodis McDaniel
  • Middle school:Beaumont
  • Elementary school:Rigler

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$620,000
  • Price per sq. ft.:$263.61
  • Tax amount:$6,423 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Driveway, Paved
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 ERA Freeman & Associates, Realtors 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: November 6, 2026

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