646 SE 60th Ave, Portland, OR 97215
Local realty services provided by:ERA Freeman & Associates, Realtors
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 will appreciate the diversified unit mix, established rent roll, and the ability to acquire a fully occupied asset without taking on a lease-up project. With current cash flow, a central Portland location, and income performance comparable to a larger multifamily investment, this is a compelling opportunity for buyers looking to expand their rental portfolio. Seller is a licensed broker in Oregon. Please do not disturb tenants. Call for financials....
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Home facts
- Year built:1926
- Subdivision & Development:MT TABOR
- Listing ID #:364335533
- Added:50 day(s) ago
- Updated:September 16, 2026 at 08:03 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
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