Calico Ridge Real Estate | Calico Ridge Multi-Family Homes for Sale

441992364 MLS

Originally built in 1908 and fully renovated in the last five years, the subject 3-plex features a 2-bed/2-bath unit on the main level (1,260 SF), a 3-bed/2-bath unit on the upper level (1,087 SF), and a 2-bed/1-bath unit on the lower level (1,020 SF). Current rents are below market providing additional upside for an investor. The property would make an ideal opportunity for investors seeking yield, or an owner-occupant looking to live in one unit while rental income pays the mortgage. Following a meticulous renovation of every unit, each unit boasts condo-quality finishes and comprehensive upgrades, including all-new mechanical systems, modern flooring, and designer kitchens and bathrooms. The kitchens are anchored by custom cabinetry, sleek quartz countertops, and premium stainless-steel appliances, while the bathrooms feature sophisticated custom tile showers. This property offers a rare opportunity to hold a piece of Portland’s architectural heritage without the headache of historic maintenance. This 1908 triplex has been meticulously renovated, offering the perfect "turn-key" investment: the timeless character of a century-old build paired with the reliability of a modern renovation. Because it is fully updated, you bypass the common pitfalls of older properties, allowing for immediate occupancy or high-end rentals. In a market where vintage charm is the gold standard, but modern efficiency is the requirement, this property stands out as a high-performing asset that is move-in ready from day one. It offers an exceptional unit mix designed for maximum rental flexibility and appeal. It includes a spacious 2-bedroom/2-bathroom unit on the main level (1,260 SF), a 3-bedroom/2-bathroom unit on the upper level (1,087 SF), and a 2-bedroom/1-bathroom unit on the lower level (1,020 SF).

215 NE 30th, Portland

Listing courtesy of Vitality Home Realty.

$669,000

8 Beds ⋅ 4 Baths ⋅ 7000699 MLS

Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, fresh exterior paint, renovated units and landscaping. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

72 W Southern Avenue, Mesa

Listing courtesy of Go Win Property Management.

$949,900

410588152 MLS

4-plex in desirable SE Portland offering four spacious units, each approximately 930 square feet with 2 bedrooms and 2 full bathrooms. Two units are located on the main level with sliding doors to private patios and direct backyard access, while the upper units feature covered decks with attached storage rooms. Two of the units are furnished, providing added flexibility for rental opportunities. Property offers ample paved parking with room for two vehicles per unit. Rents include sewer, water, and garbage, simplifying management. Convenient access to I-205 allows for easy commuting throughout the Portland metro area. One unit presents an opportunity for updates and added value. A solid investment opportunity with strong rental appeal and functional layout.

8913 SE RHONE ST, Portland

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

$899,000

194320324 MLS

Wow 3 detached homes on a 9487 sq ft lot (same tax lot)! Check out what this property has to offer. Newer roof on 3 Homes. Two of the homes are 3 bedrooms, 1.5 bathroom offering spacious family room with open concept kitchen. New flooring on 8417 unit. One home (8413) is a three level home with 2 bedrooms, a full bathroom, and a finished basement with 2 bonus rooms. Secured parking space. Convenient location with public transportation within blocks, and lots of amenities just a short distance away. Do not miss out on this opportunity.

8421 SE INSLEY ST, Portland

Listing courtesy of Kelly Right Real Estate of Portland, LLC.

$550,000

349984843 MLS

Please make offers subject to interior inspection for showings Assumable FHA loan at 2.375% This updated triplex at 9630 SE Foster Rd, Portland presents an excellent investment opportunity. With a new roof and new siding, the property is in top condition, requiring minimal upkeep. enhancing the potential growth future cash flow. Located in a desirable area of Portland, this triplex offers both stability and growth potential for investors. Don’t miss the chance to add this turnkey property to your portfolio! FHA loan at 2.375% with a balance of 450k and the PITI is $2,900If you assume the current loan and pay the seller the remaining you will cash flow 5.8% a year and there is more room to increase the rents!

9630 SE FOSTER RD, Portland

Listing courtesy of The A Realty LLC.

$1,549,900

695188748 MLS

Turnkey new construction 4-plex in Portland’s desirable Roseway neighborhood offering strong income potential and long term flexibility. This attached multifamily offering features four thoughtfully designed townhome style units ranging from ~880 to 980 sqft, each including 2 bedrooms and 2.1 bathrooms, an ideal layout for roommate living and maximizing rental demand. Each unit showcases an open great room style main level with high ceilings and excellent natural light, creating a modern and highly livable space. Kitchens are designed for both function and appeal with peninsula countertops, eat bar seating, solid surface countertops, stainless steel appliances, and ample storage with extensive custom cabinetry. A convenient half bathroom is located on the main floor, while upstairs each home features two bedrooms, each configured as an ensuite with its own private, dedicated bathroom, along with a centrally located laundry area positioned between bedrooms for everyday ease. All units include efficient mini split heating and cooling for year round comfort, along with private fenced patio and yard space. The rear unit offers a substantially larger yard, presenting an opportunity for increased rental premium. Low maintenance landscaping throughout the community helps keep operating expenses predictable and ownership streamlined. Located in the heart of Roseway, tenants benefit from convenient proximity to Roseway & Glenhaven Parks, Rocky Butte Natural Area, Roseway Theater and recreational sports at The People's Courts, along with popular local spots like Case Study Coffee, New Seasons Market, and plenty of dining options along Sandy Blvd & Fremont St. Easy access to I-84, public transit, and close-in PDX supports strong tenant demand and long term retention. An exceptional opportunity to acquire a low maintenance, high demand multifamily asset in one of Northeast Portland’s most consistent rental corridors.

3138 NE 72nd AVE, Portland

Listing courtesy of Keller Williams Realty Portland Premiere.

$515,000

238199502 MLS

Positioned at the end of a very private drive and backing up to a creek this multifamily opportunity's main level has vaulted ceilings and a wide open floor plan with three bedrooms and two bathrooms while the lower level is a 1 bedroom/1bathroom apartment with an additional full kitchen, laundry room, bedroom, bathroom, living and flex spaces all on an oversized lot (0.72 acre) and in a desirable community with unlimited potential and no HOA. The main floor’s living space is vibrant with natural light, has an open kitchen, large pantry and a breakfast bar that sits right next to the slider which leads to a sprawling deck. The three bedrooms are positioned away from the living space with the primary suite being a thoughtful focal point of the home. It too has vaulted ceilings, an ensuite full bath, walk-in closet and a slider that leads to the deck with a sunken built-in hot tub and wonderful views. The other two main level bedrooms and full bathroom are across the hall, and all of the living spaces and bedrooms in the home are hard-surfaced (no carpet). You can access the ADU via the outside entrance through the slider below the deck or through the door in the foyer that leads downstairs. The ADU's wide open floor plan, large living space and bedroom all offer plenty of storage and the lower level is efficiently climate-controlled with a mini-split heat pump. The main HVAC system has been recently serviced with a clean bill of health and the roof was torn off and re-roofed in 2021. The town of Dayton continues to show promise with consistent improvements to downtown, new and established business creating a lively community, higher than average graduation rates at the high school and a number of planned investments to the city in the pipeline. This home truly is a blank canvas, ready to house multiple generations of people or to be utilized for its income earning potential. Schedule a showing to experience it in person.

112 MELLINGER PL, Dayton

Listing courtesy of Real Broker.

$745,000

491532329 MLS

Exceptional opportunity to own a true duplex in Beaverton featuring two fully independent living spaces with separate addresses and utility meters, offering outstanding flexibility for multi-generational living, owner-occupancy with rental income, or a pure investment opportunity. Custom built in 1984 and meticulously maintained by the original owner, this Washington County property offers approximately 2,990 square feet with 4 bedrooms and 3 bathrooms across a highly functional layout. The primary residence features 2 bedrooms and 2 full bathrooms, highlighted by an expansive family room ideal for entertaining, recreation, or future customization. A 2-car attached garage, spacious patio, low-maintenance yard, and storage shed provide everyday comfort and convenience, while an energy-efficient forced-air heat pump ensures year-round comfort. The second unit, addressed as 10290 SW Crystal St, offers its own private entrance, 2 bedrooms, 1 bathroom, and an oversized 1-car garage—creating a fully independent living space ideal for tenants, extended family, or supplemental income. This unit is currently rented for $1,600 per month, reflecting a long-term tenant relationship, with potential for increased rental income. The unit also features its own gas furnace for separate heating. Positioned on a quiet corner lot with access from two sides, the property provides excellent separation and privacy between units. Ideally located near shopping, parks, dining, and major commuter routes, this rare Beaverton duplex delivers strong income potential, versatility, and long-term investment value in the heart of the Portland metro area.

8050 SW 103RD AVE, Beaverton

Listing courtesy of Cascade Hasson Sotheby's International Realty.

$855,000

220217221 MLS

Prime Investment & Development Opportunity in Ashland. Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed. Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates. Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.

128 S Mountain Avenue, Ashland

Listing courtesy of RE/MAX Integrity.

$1,650,000

177048273 MLS

8220-8236 N Edison Street is an attractive opportunity to acquire a well-located 9-unit multifamily asset in one of North Portland’s most walkable and character rich neighborhoods. Positioned in the heart of St. Johns, the property benefits from strong rental demand driven by the area’s neighborhood amenities and iconic views of the St.Johns Bridge.The property offers a desirable living environment with on-siteparking, bike storage, and shared laundry facilities in one of Portland’s most distinctive neighborhoods. Located just minutes from the St. Johns commercial district, tenants enjoy walkable access to local coffee shops, restaurants, parks, and everyday retail amenities. Cathedral Park, the Willamette River waterfront, and multiple transit options are all nearby, creating a highly livable, pedestrian friendlysetting that continues to attract a diverse renter base.For investors, this offers a stable multifamily investment in asupply constrained submarket with strong fundamentals. St. Johnscontinues to experience steady population growth and increasingdemand for well located rental housing. The property’s manageablescale, attractive neighborhood setting, and classic Portland character create an appealing opportunity for both seasoned investors and those seeking to enter the Portland multifamily market.8220 N Edison offers a combination of location, livability, and long term upside within one of Portland’s most distinctive neighborhoods.

8220 N EDISON ST, Portland

Listing courtesy of Apex Residential.

$545,000

220217195 MLS

Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces. Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand. 2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.

531 N 11th Street, Klamath Falls

Listing courtesy of Windermere Real Estate Kf.

$581,000

544886266 MLS

Well-maintained 4-plex featuring four 1-bedroom, 1-bath units, each on a single level for easy living. Units are in good to great condition, with several recently updated, offering a blend of modern improvements and stable tenancy. Property amenities include on-site laundry and tenant storage lockers. Additional value-add potential through future updates and rental upside. Conveniently located near SE Foster with excellent access to public transit, shopping, dining, and everyday services. A solid investment opportunity in a well-connected Southeast Portland location.

5730 SE CENTER ST, Portland

Listing courtesy of John L. Scott.

$3,750,000

130695233 MLS

Exceptional high-density development opportunity in the rapidly expanding westside submarket of Tualatin. Zoned RH (High-Density Residential), this property presents a rare chance for developers to deliver multifamily apartments, townhomes, or senior housing in a market experiencing strong population growth and increasing housing demand. Positioned just off Pacific Highway 99, the site offers excellent access, strong visibility, and close proximity to major employment corridors, retail centers, and regional transportation routes.With limited land available for high-density projects in this submarket, this parcel provides developers the opportunity to capitalize on a supply-constrained market while meeting the growing need for housing in the Tualatin and greater Washington County area. Ideal for builders and investors seeking a scalable residential project in one of the Portland metro’s most active growth corridors.

18315 SW PACIFIC HWY, Tualatin

Listing courtesy of eXp Realty, LLC.

$599,900

744699161 MLS

Owner is a licensed principal broker in OR. Rents under market. Long term tenants. New heat pumps in all units and new electrical panels. All updated plumbing. Weatherized with blow in insulation in the walls and double pane windows. Kitchens and baths remodeled in 2010 and 2012. Long term tenants. 9220 pays their own water/sewer on a separate meter. Owner pays for water/sewer in 9212 and 9216. New roof April 2026. Kitchens and baths updated remodeled in 2010 and 2012. Owner will consider carry w/$120K down @7%. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196637]

9212 N SAINT LOUIS AVE, Portland

Listing courtesy of Pozitive Properties NW.

$2,050,000

7 Beds ⋅ 6997646 MLS

Were you looking for a Multi-family in Sedona? Look no further, you found the unicorn! This large, beautiful & walkable Fourplex sits in the heart of Uptown, and is an active, renovated, furnished and turnkey high-performing Airbnb. Although from the 80's, this building has had successive owners who have taken great care of it, and have always been on top of all the maintenance. HVAC was upgraded in 2025 for all 4 units, roof is only a few years old, and all units undergo weekly deep cleans during guest turnovers. Three units are 2bd/1ba, and one unit is 1bd/1ba. The plot of land is over half an acre, and its current zoning allows for the addition of TWO MORE units, giving this property the ability to scale up to a Commercial size & valuation. Did anyone say Boutique Hotel ?... Short-term rental revenue totals & projections over $230,000 per year with current 4 units. Two new units could be built on top of the carports for maximizing Uptown red rock views intake & marketability. Units could be split into condos to ensure STR capability for every unit individually. Projections over $350,000/yr in this scenario. Existing development bid at around $300/sqft available upon request.

615 Jordan Road, Sedona

Listing courtesy of Realty ONE Group Mountain Desert.

$975,000

220216973 MLS

Four units. All leased. No vacancy history. That's the foundation. St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building. The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn. Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.

1761 NE Wichita Way, Bend

Listing courtesy of Central Oregon Realty Group.

$1,895,000

13 Beds ⋅ 8 Baths ⋅ 6997176 MLS

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

1021 E Fairmount Avenue, Phoenix

Listing courtesy of Matthews Real Estate Investment Services.

$599,900

6 Beds ⋅ 3 Baths ⋅ 6996997 MLS

Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.

9027 N 11th Street, Phoenix

Listing courtesy of HomeSmart.

$3,379,900

259374040 MLS

Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this offering includes all eight homes within the newly constructed community, presenting a rare opportunity to acquire an entire small scale rental development in Southeast Portland. Designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering reflects thoughtful planning, efficient layouts, and durable construction suited for long term ownership and reduced maintenance exposure. The community consists of four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms and well designed two story floor plans that maximize functionality and tenant livability. Main levels feature spacious open concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms. Homes include private outdoor spaces, with the rear homes offering larger yard areas that add outdoor flexibility and rental appeal. Energy efficient ductless heat pump systems provide year round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.39% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long term appreciation in a consistently desirable Southeast Portland corridor.

7468 SE Tolman ST, Portland

Listing courtesy of Keller Williams Realty Portland Premiere.

$449,000

2 Beds ⋅ 2 Baths ⋅ 6996631 MLS

This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

718 W Fillmore Street, Phoenix

Listing courtesy of Orion Investment Real Estate.

$665,000

6 Beds ⋅ 4 Baths ⋅ 6996611 MLS

This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

712 W Fillmore Street, Phoenix

Listing courtesy of Orion Investment Real Estate.

$895,000

6 Beds ⋅ 5 Baths ⋅ 6996556 MLS

Fully Reimagined Triplex with New 2025 Roof! The Pricoli on 25th offers a premium unit mix (1x1, 2x2, 3x2) and a total 2023/2024 rebuild. This ''no expense spared'' property features all-new roofing, windows, and a new sewer line. Interiors are finished with quartz countertops, stainless steel appliances, and private stackable laundry. Each unit includes its own private, well-designed backyard. This is a rare, turnkey opportunity to own a historic-style property with the reliability of Like-new construction. Perfect for savvy investors or owner-occupants! VA LOAN ASSUMPTION OPTION AT 5.625% rate 30 year loan

2126 N 25th Place, Phoenix

Listing courtesy of Jason Mitchell Real Estate.

$1,300,000

219033570 MLS

Opportunity knocks in Alberta Arts. Are you listening? Now is your chance to own an outstanding investment property in Northeast Portland. This classic Portland apartment building has been carefully and professionally maintained and managed by the same owners for the last few decades. Featuring six studios and one 3 bedroom unit, this property is a perfect fit for a live-in investment property, or wise investment portfolio addition. All units are currently occupied, and the property has had recent updates including: new exterior paint (2025), updated PEX water lines, newer water heaters, flooring and counter updates, and newer gas furnaces for each unit.

5203 NE 16TH AVE, Portland

Listing courtesy of Living Room Realty.

$735,000

475174291 MLS

This is a truly unique property with a wide range of potential. On 3 taxlots spanning .64 acres, you find a classic 1929 Tudor with a fully separate cottage, gated parking with 10 spaces, a mature orchard, a large garden and room for the residents to spread out. This storybook property is located almost at the intersection of Chambers & River Rd, adjacent to Whiteaker, minutes to downtown Eugene, a block from Maurie Jacobs Park & the Willamette River. Generous C2 zoning allows for a wide range of creative residential + commercial opportunities. Multi-family housing, mixed use residential/commercial, bed and breakfast, total re-development, many options. Main house is a classic Tudor of a little more than 3000 sq ft. It has 6 BR, 4 BA over three stories. There are some really special architectural touches – arches, woodwork, high vaulted ceilings, big bright windows, a classic wood staircase, large bedrooms. The house has a main full kitchen shared by all, with additional kitchenettes (no stove) in the front and basement apartments. The 1 BR/1 BA cottage also has a full kitchen and appears to have been built at the same time as the house – it’s a 682 sq ft fairytale retreat tucked in the corner under the trees. Tenants all share the well-tended garden and orchard, and communal laundry. Total rents for the two homes are $4920/mo. Call your Realtor to discuss the possibilities and get more information on this most interesting compound. Please do not enter property or disturb tenants.

325 RIVER RD, Eugene

Listing courtesy of Windermere RE Lane County.

$1,399,500

138105922 MLS

Prime Nob Hill four-plex located just steps from the shops, restaurants, and amenities of the NW 23rd District, one of Portland’s most desirable and walkable neighborhoods.The property features four residential units plus additional income from a basement office space. Current rents are below market, offering potential upside for future income growth.Situated in Portland’s prestigious Nob Hill neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to dining, retail, parks, and transit.This is a rare opportunity to acquire a well-located four-unit multifamily property in one of Portland’s most stable and sought-after rental markets.All photos were taken when the property was previously operated as a short-term rental and may differ slightly from its current condition. One unit is still being used as a short-term rental.

2356 NW WESTOVER RD, Portland

Listing courtesy of MORE Realty.

$3,225,000

752828656 MLS

Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.

4775 NE 107TH AVE, Portland

Listing courtesy of Knipe Realty ERA Powered.

$1,200,000

547167522 MLS

RARE INCOME PROPERTY OPPORTUNITY! Investor-focused property featuring six total units including a spacious main home, a second single-family residence, and two duplexes— some with bay views and strong income potential. This versatile setup offers multiple investment strategies, including full rental income or owner-occupy the main home while generating revenue from the five additional units.Located on two separate tax lots with commercial zoning, this property provides flexibility and long-term investment potential. The grounds and buildings have been well maintained, helping ensure an easy transition for the next owner.Recent improvements include vinyl windows and newer roofs on three of the four buildings within the past 8ish years, along with other quality updates that support long-term value and reduced maintenance costs.With six potential income streams and commercial zoning, this is a rare opportunity for investors seeking cash flow, portfolio expansion, or mixed-use potential.Units are occupied. Please do not disturb tenants. A minimum 24-hour notice is required for all showings.

303 S Empire BLVD, Coos Bay

Listing courtesy of Pacific Coast Real Estate & Development, LLC.

$1,500,000

319345699 MLS

Great location! Value-added 8-Unit apartment building in the heart of Milwaukie, just around the corner from largest Waldorf school in the State and one block from Milwaukie High School, near the waterfront and restaurants. 6 units out of 8 have been remodeled/updated during 2021-2023. Total 8 unit at one level: 1 unit has 2B/1.1B, 6 units are 2B/1B, 1 unit has 1B/1B. Low maintenance, brick siding, newer roof and newer kitchen appliances! New electric panels in all units! fully rented! Cap rate at 5.93%! Turn-key opportunity to expand your real estate portfolio!

2507 SE MONROE ST, Milwaukie

Listing courtesy of Brantley Christianson Real Estate.

$435,000

225972631 MLS

Great duplex with excellent rental history. New roof has just been installed and new exterior paint back in 2025. Conveniently located near all major amenities, public transportation, shopping, and restaurants. Long term tenants, in a well maintained property, on a cul-de-sac. Please do not disturb tenants. Write all offers subject to interior inspections.

970 NW WONDERVIEW CT, Gresham

Listing courtesy of CORE, Realtors.

$485,000

634631402 MLS

Well-kept duplex in SE Salem—ideal for owner-occupants or investors! Each unit features a rare 3 bed, 1 bath, 1,065 SF floor plan, 1 car garage & washer/dryer hookups. Recent updates include a newer roof, exterior paint, and fencing. One unit renovated in 2025 with LVP flooring, carpet, countertops, appliances, plus updated plumbing and electrical fixtures. 2nd unit has stable long-term tenants. Owner currently pays water/sewer/garbage. Sold individually or package with the neighboring Duplex at 4561-4571 Chippewa Ct SE Priced at $475,000.

4541 CHIPPEWA CT, Salem

Listing courtesy of SMI Commercial Real Estate LLC.

$850,000

387681244 MLS

Meet the Kerns neighborhood craftsman that decided one life wasn’t enough—so it became a duplex with twice the charm. Each 2 bed/1 bath unit shows off original hardwood floors, glowing natural light, and that unmistakable NE Portland energy. With fantastic tenants already in place, it’s a setup that makes investors smile and house hackers swoon. The shared backyard sanctuary is pure Portland with spots perfect for hammocks, and plenty of room to unwind. A full basement handles all the bikes, skis, kayaks, and gear your hobbies demand, while off street parking adds a rare dose of everyday convenience. All of this sits steps from Laurelhurst Park, coffee, craft beer, and the culinary magic of NE 28th and Burnside. A rare chance to snag a piece of Portland history with built in versatility—and a whole lot of personality—in one of the city’s most walkable neighborhoods.

3136 NE COUCH ST, Portland

Listing courtesy of John L. Scott.

$829,000

176792263 MLS

PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

8309 8315 N DWIGHT AVE, Portland

Listing courtesy of Keller Williams Sunset Corridor.

$825,000

200074803 MLS

PRIME WEST CAMPUS INVESTMENT OPPORTUNITY just 4 blocks from the University of Oregon! This freshly painted property features a 5-bedroom, 2-bath Craftsman-style home PLUS a detached 1-bedroom, 1-bath apartment above a 2-car garage. Current gross rents total $5,425/month, with the main house leased at $4,000/month through mid-August 2027 and the apartment at $1,425/month on a month-to-month lease.The main house offers bonus rooms, a covered deck, large closets, and a 1,008 sq ft unfinished basement. The detached building includes a 600 sq ft apartment above a 600 sq ft garage currently used for owner storage.Excellent redevelopment and value-add potential, including possible garage conversion, additional living space, middle-housing opportunities, and/or future lot separation, subject to buyer verification and city approval. Strong in-place income, premier UO location, and significant long-term upside make this a compelling campus investment.

344 E 14TH AVE, Eugene

Listing courtesy of St Clair Properties.

$225,000

6 Beds ⋅ 2 Baths ⋅ 6993273 MLS

From Fry Blvd, turn north on North Ave. Property is on the West side of North Ave between Wolfe St and Keating St.

540 N North Avenue, Sierra Vista

Listing courtesy of Real Broker.

$1,699,000

11 Beds ⋅ 9 Baths ⋅ 6993194 MLS

Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.

5035 N 23rd Avenue, Phoenix

Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler.

$625,000

6 Beds ⋅ 6993030 MLS

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

215 N 12th Avenue, Phoenix

Listing courtesy of N.B. Andrews and Associates.

$1,850,000

21507604 MLS

Actual NOI is $133,622! Property is well maintained and is not presently in need of maintenance other than ordinary wear and tear maintenance. Almost no vacancy ever. Distance to ocean at least 1/4 mile. PLEASE DO NOT DISTURB TENANTS. OFFER SUBJECT TO INTERIOR INSPECTION.

29696 Shore Pine LN, Gold Beach

Listing courtesy of Michael J. Jacobson.

$1,095,000

7 Beds ⋅ 4 Baths ⋅ 6992526 MLS

Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown. A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.

3630 N 15th Avenue, Phoenix

Listing courtesy of Striker Realty.

$359,000

726431955 MLS

$359,000. Great investment opportunity with this Jefferson Westside/Whiteaker Neighborhood duplex. Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. Do not disturb tenants. Total monthly rent for the 577 Madison duplex is: $2850/mo. Price improvement. Here's an opportunity for a well priced investment in Eugene, Oregon.

577 MADISON ST, Eugene

Listing courtesy of Sixel Real Estate.

$580,000

14 Beds ⋅ 14 Baths ⋅ 6992217 MLS

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.

2828 E Tierra Buena Lane, Phoenix

Listing courtesy of ABI Multifamily.

$409,950

462669095 MLS

Lincoln City Duplex offers a rare investment opportunity to live in one unit and rent the other or simply rent out both! Each unit has 2 bedrooms/1 bath and 920 sq feet. Great SW Lincoln City location, centrally located to nearby beach access, grocery, outlet mall, and library. Additional opportunity - neighboring bare lot is also for sale! Build another duplex on it or save for future investment. Buyer to verify with the planning department of Lincoln City. Now vacant and easy to show!

1035 SW 15TH ST, Lincoln City

Listing courtesy of Taylor & Taylor Realty Co..

$775,000

169848985 MLS

Fully leased townhome-style duplex in the heart of Silverton. Each unit offers 3 bedrooms, 2.5 baths, and a 1-car garage. Built in 2022, the property feels like new and has a strong rental history with total gross scheduled income of $55,200 annually. Features include durable vinyl plank flooring, electric heat pumps with forced air, modern layouts, and low-maintenance construction. Excellent investment opportunity in a desirable Silverton location.

301 S 1st St. ST, Silverton

Listing courtesy of HomeSmart Realty Group.

$324,000

220216134 MLS

Great opportunity to own a residential income property with 3 homes on 1 lot. Strong cash flow potential with room to grow. The back home has been renovated, while the front home at 2118 Wiard offers 2 bed / 1 bath. Additional manufactured home on-site provides extra income with space rent. Solid investment with multiple streams in place.

2118 Wiard Street, Klamath Falls

Listing courtesy of Roots Real Estate Collective LLC..

$1,549,000

416254068 MLS

Well-maintained West Campus four-plex only one block from Safeway, restaurants,& Amazon Park. Located on major bus lines and a bicycle arterial. Each unit has 4 bedrooms, 2 bathrooms, 2-car carports, a washer/dryer, and a balcony with great southern exposure and unobstructed views of Spencer Butte and the South Hills.

1857 PEARL ST, Eugene

Listing courtesy of St Clair Properties.

$995,000

422557093 MLS

Exceptional midcentury four plex on a corner lot featuring four fully remodeled or refreshed 2BR/1BA units (733 SF each). Upper units offer large balconies with views and storage while lower units have private fenced yards; on-site laundry and dedicated off-street parking add convenience. Low-maintenance building, all units move-in ready and ideal for mid-term furnished rentals. Prime location near the hospital, transit, restaurants, recreation and historic Main Street with proposed waterfront redevelopment nearby. All financials available upon request.

718 9TH ST, Oregon City

Listing courtesy of Real Broker.

$638,000

6990515 MLS

Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.

1502 W Monroe Street, Phoenix

Listing courtesy of Compass.

$725,000

260673167 MLS

DO NOT DISTURB TENANTS. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT 2026 (2021 for #135). Ideal for investors or owner-occupants seeking rental income, this property provides flexibility and long-term value. Situated on a corner lot, just minutes from local shops, restaurants, Providence Hospital, parks & public transportation, tenants enjoy both convenience and neighborhood charm. Unit 133 features 2 bedrooms, 1 bathroom, refinished hardwood floors throughout, stacked W/D, dishwasher, gas range, refrigerator & fenced yards with a great covered patio. Unit 135 features 3 bedrooms, 2 bathrooms (one on each level), vaulted beam ceilings, wood burning fireplace, private driveway, 1 car garage & finished basement. Each unit offers comfortable living spaces with abundant natural light and practical floor plans designed for everyday living. With consistent rental demand in this desirable NE Portland area, this duplex presents an excellent opportunity to add a stable asset to your portfolio or live in one unit while renting the other. Close proximity to downtown Portland, Providence Hospital, major commuter routes and popular neighborhood amenities makes this property especially attractive. Don’t miss this rare chance to own a versatile, income-producing property! HES= 6 (unit 133); HES = 1 (unit 135)

135 NE 55TH AVE, Portland

Listing courtesy of Premiere Property Group, LLC.

$1,609,900

204317021 MLS

Located in Portland’s desirable Rose City Park neighborhood, this newly completed four unit multifamily offering delivers a compelling combination of new construction, versatile floor plans, and strong long term rental appeal in close in Northeast Portland. The building totals 4,178 square feet and features a balanced mix of two 3 bedroom, 2.1 bathroom end units at 1,177 square feet each and two 2 bedroom, 2.1 bathroom interior units at 912 square feet each, for a total of 10 bedrooms, 8 full bathrooms, and 4 half bathrooms. Designed and developed by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and stylish accent walls, each residence pairs polished finishes with a practical layout built for everyday living. High ceilings and open great room style main levels create an inviting sense of space, while central kitchen islands with eat bars provide a natural gathering point for dining and entertaining. Upstairs laundry keeps daily routines convenient, and vaulted bedroom ceilings in the interior units add volume and natural light. Each residence includes its own private outdoor space, with the two end units benefiting from substantially larger fenced yards that offer additional room for pets, outdoor dining, gardening, or entertaining and help distinguish these homes within the rental market. Energy efficient mini splits provide year round heating and cooling. Rose City Park offers residents convenient access to Rose City Golf Course, the Hollywood District, NE Sandy Blvd, neighborhood cafes and restaurants, grocery options, parks, bike routes, and transit. From weekend recreation and nearby dining to everyday errands and an easy commute, the location supports the lifestyle and convenience that can help drive long term tenant demand.

2938 NE 62nd AVE, Portland

Listing courtesy of Keller Williams Realty Portland Premiere.

$412,000

6 Beds ⋅ 4 Baths ⋅ 6989977 MLS

Fantastic masonry (block) duplex built in 2003 offering strong income potential & flexible living options. Each spacious unit features approximately 1,120 sq ft w/ 3 beds & 2 full baths. Both units showcase durable tile flooring throughout, ceiling fans in every room, and bright, open great rooms designed for comfortable living. Functional ''L''-shaped kitchens include refrigerator, stove/oven, and garbage disposal, while all-electric systems help simplify maintenance. Major updates include brand new 2025 electric A/C and heating systems for both units, plus one new water heater. Large front patio along with private side and backyard spaces. Conveniently located near schools, shops and hiking trails. Currently tenant occupied, units leased at $1187 and $1090. Please do not disturb tenants. Access will be arranged upon accepted contract. Ideal for investors or owner-occupants seeking immediate rental income and long-term value!

1235 E Wood Street, Phoenix

Listing courtesy of Redfin Corporation.

$829,000

390757578 MLS

PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

8323 8329 N DWIGHT AVE, Portland

Listing courtesy of Keller Williams Sunset Corridor.

Calico Ridge Multi-Family Properties for Sale

Newest Calico Ridge Multi-Family Homes for Sale