646 SE 60th Ave, Portland, OR 97215

Portland
Local realty services provided by:Knipe Realty ERA Powered
646 SE 60th Ave,Portland, OR 97215
$900,000
  • - Beds
  • - Baths
  • 5,474 sq. ft.
  • Multi-family
  • Pending
Listed by: steve roesch
Office: nexthome realty connection971-212-9487
MLS#:364335533
Source:PORTLAND

Price summary

  • Price:$900,000
  • Price per sq. ft.:$164.41

About this home

Fully occupied and income-producing, this Mount Tabor-area triplex plus 8 SRO units offers the kind of cash-flow opportunity investors look for in a high-demand Portland location. With 11 total rentable spaces, 100% occupancy, and steady rental income already in place, this property is positioned as a strong portfolio addition for buyers seeking immediate income, tenant stability, and long-term upside. The property qualifies for conventional financing while producing income more in line with a small commercial multifamily asset, creating a rare blend of financing flexibility and commercial-style returns. Located in a busy, high-visibility area near Mount Tabor Park, transit, restaurants, services, and major Portland corridors, the property benefits from strong rental demand and everyday urban convenience. Just minutes from downtown Portland, this location offers access to employment centers, neighborhood amenities, and commuter routes that help support continued occupancy. Investors...

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Home facts

  • Year built:1926
  • Subdivision & Development:MT TABOR
  • Listing ID #:364335533
  • Added:91 day(s) ago
  • Updated:October 27, 2026 at 08:37 AM

Rooms and interior

  • Basement Description:Full Basement
  • Living area:5,474 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1926
  • Building area:5,474 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Franklin
  • Middle school:Mt Tabor
  • Elementary school:Glencoe

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$164.41
  • Tax amount:$13,499 (2025)

Parking

  • Parking description:On street
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: October 27, 2026

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