6332 NE 45th Ave, Portland, OR 97218
Local realty services provided by:Knipe Realty ERA Powered
Listed by: erika george, amy fawcett
Office: living room realty503-719-5588
MLS#:228970624
Source:PORTLAND
Price summary
- Price:$660,000
- Price per sq. ft.:$280.61
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:1 day(s) ago
- Updated:August 29, 2026 at 04:45 AM
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:$660,000
- Price per sq. ft.:$280.61
- Tax amount:$6,423 (2025)
Parking
- Total parking spaces:4
- Parking description:Driveway, Paved
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