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$900,000

Listing Price

3beds

3baths

4,480sqft

5,000sqft lot

646 Se 60th Ave, Portland, OR 97215

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Pending

Off Market

Multi-Family

Home type

--

Price / sqft

1926

Year built

Home Details

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.

Interior Details

Square Feet
  • 4480

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5000

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$10,635

$0

$0

--%

$432,180

2019

$10,635

$0

$0

--%

$419,600

2018

$10,322

$0

$0

--%

$407,380

2017

$9,893

$0

$0

--%

$395,520

2016

$9,053

$0

$0

--%

$384,000

2014

$8,683

$0

$0

--%

$361,970

2013

$8,209

$0

$0

--%

$351,430

2012

$6,671

$0

$0

--%

$341,200

percent-home-icon

Average Home Price in 97215

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$900,000

3 Beds

3 Baths

4,480 Sqft

5,000 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
900,000
$
Down payment
180,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,400
$
HOA (Monthly)
0
$
PMI
0
$
$5,826
Your Payment
Total Monthly Payment:$5,826
Percent of Income:100%
Affordable:No

Details for 646 SE 60TH AVE

Property Debt

Foreclosure Contact Details