Lake Las Vegas Real Estate Search

Lake Las Vegas Multi-Family Properties for Sale

Our website features the best real estate search for multi-family properties available in Lake Las Vegas and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Lake Las Vegas real estate market? Sign up for a  Lake Las Vegas Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Lake Las Vegas Multi-Family Homes for Sale

$899,000
680909111 MLS
Prime University location with separate studio with its own meter and address. This versatile property would make an ideal primary residence, student rental, Airbnb, or a combination of all three! The main house features three bedrooms plus an office/den. The lower level can serve as a separate apartment with private entrance or can easily be incorporated into the rest of the house. The charming studio over the garage with its own mailing address and meter features ductless heating/cooling, gorgeous vaulted ceilings, updated kitchen, loft area, and a full bathroom making it ideal for extended guests, dual living, or rental income. This home has so many updates while maintaining its original character and classic charm. The main house features hardwood floors, arched ceilings, gas fireplace, and a beautiful sunroom dressed in windows with natural light. The kitchen features updated cabinetry and newer appliances with gas range, and granite countertops. The large primary suite offers multiple closets for extra storage, a soothing jetted tub, and walk-in shower. Additional updates include newer roof (2021), new sewer line, new vinyl windows throughout most of home and studio, newer exterior paint, new interior paint, and new carpet. Plus, this property can come mostly furnished! Adorable courtyard with pavers and covered gazebo, perfect for entertaining. Large two car garage with ample off-street parking. Walking distance from the University of Oregon, Hayward Field, and some of the area’s best restaurants.

910 E 22ND AVE, Eugene

Listing courtesy of Windermere RE Lane County.

$825,000
684280159 MLS
Excellent Investment Opportunity in the Highly Desirable Waverleigh Heights Neighborhood!This well-maintained, single-level 2,783 SF triplex, built in 1958, has been owned by only two owners since it was constructed—a rare opportunity to acquire a pride-of-ownership property in one of Southeast Portland's most sought-after neighborhoods.The property features one spacious 2-bedroom, 2-bath unit complete with a mini-split heating and air conditioning system, cozy fireplace, private fenced backyard, and an attached 2-car garage. The two additional units each offer 1 bedroom and 1 bath, providing an excellent mix of unit sizes for a variety of tenants.All three units feature hardwood floors and full individual basements with washer/dryer hookups, offering abundant storage and added convenience. The property's solid construction, timeless layout, and desirable location make it an attractive long-term investment opportunity.The property offers a 4.5% capitalization rate with current gross annual income of $56,340 and a Net Operating Income (NOI) of $37,159, providing investors with immediate income potential and long-term appreciation opportunity in a highly desirable Southeast Portland location.Ideally located just minutes from Cleveland High School Field, nearby bus lines, and the shops, restaurants, and everyday conveniences along SE Powell Boulevard, this property also offers easy access to downtown Portland and surrounding neighborhoods.Whether you're looking to expand your investment portfolio or own a quality multifamily property in a prime Southeast Portland location, this exceptional Waverleigh Heights triplex is an opportunity you won't want to miss.

3392 SE WAVERLEIGH BLVD, Portland

Listing courtesy of Realty First.

$1,229,000
788656912 MLS
SALE INCLUDES ENTIRE BUILDING WITH THREE TOWNHOMES! Across from a planned future park with a playground, pet area, and open green space, this move-in ready townhome delivers the kind of lifestyle buyers are searching for right now—with even more value on the horizon. Step inside and it just feels right. High ceilings, oversized windows, and a light-filled open layout make the home live larger than expected. The main level is grounded with durable LVP flooring and designed for both everyday living and entertaining. The kitchen is a true standout, featuring quartz countertops, stainless steel appliances, and custom cabinetry, along with a walk-in pantry and a generous island that naturally becomes the heart of the home. A dining nook adds just the right touch of intention for gatherings. Upstairs, the primary suite is where this home really elevates. Overlooking the surrounding green space, it offers room to unwind, space for a sitting area or workspace, and a true retreat feel. The ensuite bath features a large walk-in shower, dual vanity, and a spacious walk-in closet. Laundry is thoughtfully placed upstairs near the bedrooms for everyday convenience. Built by a respected local builder known for clean design and quality craftsmanship, the home blends elevated finishes with smart functionality, including a multi-zone heat pump for efficient year-round comfort. A two-car garage, private driveway with EV prewiring, and low-maintenance landscaping round out the practical perks. The community continues to grow, with a future park currently in the planning phase, adding long-term value to an already desirable location in South Gresham’s Pleasant Valley, just minutes from schools, shopping, and recreation. This is the one that feels elevated the moment you walk in. Buyer to receive a credit toward closing costs with a full price offer, available to the first buyer whose offer is accepted on any of the three properties.

4011 SW ROYAL AVE, Gresham

Listing courtesy of Epique Realty.

$650,000
575356970 MLS
Just blocks from the vibrant Roseway Business District - home to neighborhood favorites like Mom & Pop Wine Shop, Pizzaria Otto, Burrito Azteca, ReRun, and more - this stately Craftsman presents a rare opportunity for investors, owner-occupants, or those seeking flexible multigenerational living. Currently configured as a legal triplex, the property also offers the unique ability to combine the two upper units into a single residence. Recent updates include beautifully refinished hardwood floors, new carpet, and fresh interior paint throughout. The main-floor residence lives large, featuring an elegant formal living room and dining room, a spacious kitchen, a versatile den, a generously sized bedroom, and a hall bath complete with a classic clawfoot tub. Abundant natural light fills the home, while the welcoming front porch provides the perfect place to relax and enjoy the neighborhood. Accessed by a private exterior staircase, the upper-level unit opens to a spacious foyer and includes a bright living room, two bedrooms, and an updated kitchenette. Downstairs, the expansive lower-level unit offers durable plank flooring, a large open-concept kitchen and living area, and one bedroom. Outside, you'll find ample space for gardening, entertaining, and off-street parking thanks to the oversized rear parking pad and patio area. Whether you're looking for rental income, a place to put down roots with extended family, or a combination of both, this exceptional Roseway property offers endless possibilities.

3315 NE 68TH AVE, Portland

Listing courtesy of Think Real Estate.

$1,275,000
6 Beds 4 Baths 7053329 MLS
RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO! Four independent homes on two adjacent parcels offered together at $1,275,000. Buying four separate Prescott residences individually could require substantially more--this is a unique opportunity to secure four distinct homes in one package. Includes the Yellow House and Yellow Cottage at 703 Ruth St., plus the newly built Green House and Green Cottage at 705 Ruth St. The cottages are true 1-bedroom residences, not studios, with full kitchens, full-size appliances, in-unit laundry, private entrances, private outdoor space and private parking. Both cottages have rental history of approx. $1,700/month each. The Yellow House and Yellow Cottage are believed to date to circa 1912 and offer classic Prescott character, vintage details, garden areas and inviting outdoor spaces. The Green House, built in 2025, blends modern construction with a timeless cottage/bungalow feel, featuring warm living spaces, arched openings, designer lighting, updated kitchen finishes and thoughtful vintage-inspired style. Together, the two parcels offer approximately 3,248 sq. ft. of combined improvements, four separate residences, city utilities, no HOA and multiple parking areas. The configuration creates exceptional flexibility for investors, multi-generational living, owner occupants, furnished rentals, long-term rentals, or a long-term Prescott hold. Four independent residences on two adjacent Prescott parcels at this price point are difficult to duplicate. Offered together as one portfolio only. Buyer to verify zoning, permitted uses, leases, rental history, square footage and any redevelopment or expansion potential.

705 S Ruth Street, Prescott

Listing courtesy of eXp Realty.

$757,000
337790578 MLS
Nestled among towering trees in desirable South Eugene, this one-of-a-kind treehouse-style duplex offers a peaceful, natural setting with a year-round creek meandering through the property. Surrounded by lush landscaping and multiple private decks, this exceptional investment or owner-occupied opportunity provides a rare combination of privacy, nature, and modern updates.The east unit is tenant occupied and features three bedrooms plus an office, a spacious laundry room, a cozy wood-burning fireplace, newer carpet, beautiful new hardwood flooring upstairs, and an updated bathroom with a new vanity.The vacant west unit has been substantially remodeled and is move-in ready. Updates include a completely remodeled kitchen with newly refinished cabinetry, granite countertops, a farmhouse sink, stainless steel appliances, recessed lighting, new interior doors, updated lighting, a new front window and sliding glass door, a gas fireplace, a new sliding door in the primary bedroom, fresh interior paint, a walk-in closet, refinished hardwood floors on the main level, new hardwood flooring upstairs, and a new tankless water heater.Each unit includes covered parking, a private storage unit, and access to a Level 2 EV charger. The west unit enjoys a prime location directly across the street from a nature park with a scenic creek, further enhancing the property's tranquil setting.The west unit has been virtually staged to showcase its potential. Photos of the east unit have been virtually edited to protect the tenant's privacy by removing some personal belongings.

2180 W 24TH AVE, Eugene

Listing courtesy of RE/MAX Integrity.

$724,900
472087331 MLS
Extensively updated R2.5-zoned duplex in the heart of Kenilworth offering immediate income and future potential. This property blends modern updates with classic Portland charm. The main-level residence features 2 bedrooms, 1 bath, hardwood floors, an open-concept kitchen with quartz countertops, stainless steel appliances, and in-unit laundry. Upstairs, the light-filled 1-bedroom, 1-bath residence also offers hardwood floors and its own washer and dryer, plus ample storage. Recent improvements include mini splits, backyard landscaping, paver patio/driveway, fencing, and a clean basement with separate entrance ready for storage, possible workspace, or future development. Both units sold furnished. Great opportunity for an owner-occupant to supplement with rental income, or for an investor to lease out. This property offers exciting possibilities for future expansion. The basement presents potential for additional living space, while the generous backyard may provide opportunities for further development, including a detached ADU or other uses permitted under current zoning (buyer to perform all due diligence with the City of Portland).Whether you're looking to house hack, grow your investment portfolio, maximize long-term value, or accommodate multigenerational living, this rare property offers a level of flexibility and future potential rarely seen.Located just minutes from Gladstone, Division, Clinton, and Woodstock, parks, coffee shops, restaurants, and convenient access to downtown Portland. Schedule a showing today!

3910 SE 32 SE AVE, Portland

Listing courtesy of Real Broker.

$2,100,000
761305996 MLS
An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!

5707 SE DIVISION SE ST, Portland

Listing courtesy of Performance Properties Inc.

Start Your Search
The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Information deemed reliable but not guaranteed by the MLS
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.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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: