Calico Ridge Real Estate Search

Calico Ridge Multi-Family Properties for Sale

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Newest Calico Ridge Multi-Family Homes for Sale

$889,000
368751084 MLS
Significant price reduction on this beautifully updated Johns Landing home! This home has been updated throughout including hardwood floors, gas fireplace, gourmet kitchen, spa like primary suite, HVAC, tankless water heater, central vac, and so much more! Living room has a floor to ceiling gas fireplace, adjacent dining & kitchen complete with granite, tile, peninsula, and stainless appliances. The upper level boasts 2 bedrooms, a spa like primary suite with hardwood floors, a sitting area, a walk-in closet, and private balcony. The attached bath suite has tile, granite, steam shower, heated floors & towel bar. Lower level has large family room, full bathroom, utility room & wine storage. The backyard is an oasis with palms, bamboo, stone pavers, stamped concrete, fire pit, planters, water feature, and lighting. The detached extra deep garage with above ADU was permitted & built in 2017 with long term Airbnb history earning $25,000 annually.ADU is not currently rented.All ADU items and included in the purchase. The garage has EV outlet and can accommodate a boat as well as vehicle parking. The entire property is fenced, gated and professionally landscaped with lighting. This oasis in the city has an unheard of 9-energy score! Located in walkable Johns Landing, with shopping, restaurants, and recreational opportunities at nearby Willamette Park with access to Portland’s 10-mile waterfront bike path connecting to the many bikes paths & neighborhood walking trails PDX is so famous for! This property is 10 minutes from the city center, with access to transportation including streetcar, tram, Max, bus and freeways. This updated, energy-efficient property with ADU income, represents strong value for money

5816 S CORBETT AVE, Portland

Listing courtesy of Premiere Property Group, LLC.

$739,000
4 Beds 2 Baths 7017676 MLS
**Rare Dual-Residence Property | Two Private 2BR Homes | Fenced Yards | No HOA** One property, endless possibilities. Set on an oversized corner lot in one of Central Phoenix's most established neighborhoods, this beautifully maintained dual-residence property offers a rare combination of privacy, flexibility, and long-term value. Each of the two thoughtfully designed 2-bedroom, 1-bath residences enjoys its own private entrance, fully fenced yard, and outdoor living space, creating an experience that feels remarkably independent while offering the convenience of one property. Whether you're bringing generations together while preserving personal space, creating the ultimate work-from-home environment, or living in one residence while offsetting costs with the other.. this is the one!! Step inside the gates and discover mature shade trees, lush landscaping, and inviting outdoor spaces that create a peaceful atmosphere rarely associated with such a central location. It's a home best experienced in person, where the thoughtful layout and surprising sense of peaceful privacy immediately set it apart. Plenty of private, covered off-street parking adds to the value of this special property. For investors, the appeal is equally compelling. Rather than a traditional apartment-style duplex, this unique property offers two residences with the privacy and outdoor space today's long-term or short-term tenants increasingly value. The result is a property positioned to appeal to both owner-occupants and renters seeking the comfort and feel of a home. Located just minutes from the Melrose District, Uptown Phoenix, Downtown, top-rated restaurants, shopping, and major employment centers, you'll enjoy exceptional convenience without sacrificing the character of an established neighborhood. Properties offering this level of flexibility are increasingly uncommon. Whether your vision is multi-generational living, supplemental rental income, a private home office, or a long-term investment with multiple paths forward, 548 & 550 W. San Juan Avenue delivers an opportunity unlike anything else on the market.

548 & 550 W San Juan Avenue, Phoenix

Listing courtesy of Russ Lyon Sotheby's International Realty.

$645,000
4 Beds 4 Baths 7016981 MLS
THIS IS A 4-PLEX apart of 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

6249 N Litchfield Road, Litchfield Park

Listing courtesy of My Home Group Real Estate.

$445,000
4 Beds 2 Baths 7016959 MLS
THIS IS A DUPLEX apart of a 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley. This cash-flowing duplex offers immediate income with strong upside potential, ideally positioned along Litchfield Road directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Financial Highlights: $31,200 with potential $33,600 Annual Gross Income 5.2-5.6% Cap Rate Stable tenant base with consistent occupancy Location Advantages: Direct proximity to Luke Air Force Base (strong, reliable rental demand) Across from Tesla Collision Center (employment-driven growth) High-visibility corridor with ongoing commercial expansion Easy access to major transportation routes Property Features: Single-story construction for low maintenance Spacious lot with ample parking Functional layouts with private entrances Large outdoor/common areas with utility access Solid block construction with long-term durability Low-maintenance desert landscaping Value-Add Potential: Below-market rents with clear upside Opportunity to enhance outdoor/common areas Strong long-term appreciation in a high-growth corridor Portfolio Opportunity: Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!

13865 W Claremont Street, Litchfield Park

Listing courtesy of My Home Group Real Estate.

$749,900
593159608 MLS
Opportunity to acquire one side of a modern home with separate living quarters! This offering provides ~2,557 sq ft of well designed living space across three levels, delivering a functional and highly marketable layout for tenants or owner occupants seeking flexibility. Main level features a great room style design with seamless flow between kitchen, dining, and living areas, plus a convenient half bathroom for guests. Kitchen is equipped with a full size island with eat bar, stainless steel appliances, and extensive custom cabinetry, while large windows and sliding doors enhance natural light and connect to a covered deck and fully fenced yard, a key driver for livability and tenant retention. Upper level offers a 3 bedroom, 2 bathroom configuration including a primary ensuite with walk in closet and walk in shower, along with centrally located laundry for convenience. Ground level includes a highly sought after attached garage and separate living quarters with 1 bedroom, 1 full bathroom, and exterior access, currently rented and providing income from day one, creating flexibility for multigenerational use or continued supplemental rental income. Modern construction, efficient layout, and desirable features position this home for strong long term performance. Located near Arbor Lodge Park, New Seasons Market, and the dining, cafes, and retail along N Lombard St and St Johns, supporting consistent demand and long term value. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182385]

5623 N GAY AVE, Portland

Listing courtesy of Keller Williams Realty Portland Premiere.

$1,850,000
708572585 MLS
Rare Former USFS Ranger Station Compound – 7 Homes, Multiple Shops on 8.59 Gated Acres.This park like former USFS ranger station compound presents a truly uncommon opportunity: Six well built ranch style homes, and one Manufactured home, multiple large shops and outbuildings, paved internal roads, and secure gated access across 8.59 manicured acres.Constructed in the 1970s to durable government grade standards, each single level residence is thoughtfully positioned among sweeping lawns, mature timber, and peaceful valley views. The campus style layout provides exceptional privacy and flexibility—ideal for a multi generational family compound, income producing rental portfolio, private retreat, self reliance homestead, or even a discreet doomsday prepper–friendly setup thanks to its infrastructure, water source, and multiple dwellings.A year round spring offers abundant water (buyer to verify), while strong sun exposure creates excellent potential for gardens, orchards, or solar development. Open meadows, scenic outlooks, and proximity to outstanding outdoor recreation—including hunting, fishing, and hiking—further enhance the property’s self sufficiency appeal.With a proven rental history, this gated multi home compound offers strong potential for continued investment income or personal use. Located approximately one mile from local amenities and about 25 minutes to Philomath/Corvallis, the property blends privacy, convenience, and rare versatility.

18593 Alsea Hwy, Alsea

Listing courtesy of Town & Country Sotheby's International Realty.

$735,000
257493054 MLS
Discover an outstanding investment or owner-occupant opportunity in one of Portland's most sought-after locations! This well-maintained triplex sits in a prime SW Portland location — just minutes from OHSU, Doernbecher Children's Hospital, and the VA Medical Center. Whether you're an seasoned investor or a first-time buyer looking to house-hack, this property checks every box. This well-maintained triplex offers three thoughtfully designed 1BD/1BA units, each featuring a full kitchen, a bright and comfortable living room with a charming fireplace, and a functional layout with broad tenant appeal. Parking and basement storage are included with every unit, adding everyday convenience that renters love. Proximity to OHSU and the VA creates a reliable, ever-renewing pool of healthcare professionals, medical students, and staff actively seeking quality housing. Consistent unit design keeps day-to-day management simple. Beyond its current performance, this property may offer the potential to convert or expand to a fourplex — unlocking even greater cash flow and long-term appreciation in a high-demand Portland corridor. Buyer to do own due diligence. Residents enjoy walkable access to the trails of Marquam Park and the sweeping city views at Council Crest — two of SW Portland's most beloved green spaces. This is the kind of neighborhood that attracts quality, long-term tenants who love where they live. Seller to participate in 1031 exchange at no additional cost to buyer. Don't miss your chance to own a turnkey, income-producing asset with room to grow in the heart of Portland!

3510/3512 SW 10TH AVE, Portland

Listing courtesy of Opt.

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Listing data last updated: The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: