6332 NE 45TH AVE, Portland, OR 97218

$660,000
2,352
SqFt

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List Price
$660,000
Status
ACTIVE
Days on Market
17
MLS#
228970624
Year Built
1976
Living Area
2,352
Lot Size
7,405
Acres
0.17
Subdivision
CULLY
Neighborhood
CULLY
MLS Area Major
Portland Northeast

Property Description

Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.

Additional Information

Zoning
RM1
Parking
Driveway, Paved
Parking Features
Driveway, Paved
Elementary School
Rigler
Middle School
Beaumont
High School
Leodis McDaniel

Listing courtesy of Living Room Realty.

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