1542 Se Malden St, Portland, OR 97202

Historic triplex in the heart of Sellwood has been lovingly managed and maintained by locals. You wont find a better spot to live or own investment property. Just a short distance from everything Westmoreland/Sellwood has to offer, from coffee shops, restaurants, a theater, bike shops, vintage stores, gift shops and yoga studios to nearby access to the Willamette River & Oaks Bottom Wildlife Refuge. Just a short hop to OHSU and minutes from downtown Portland, Milwaukie, or Lake Oswego. The main floor 2-bedroom features high ceilings and vintage details with a fantastic floorplan, plus an expansive front porch, quaint back porch off the kitchen for access to the spacious, fenced backyard and a slider off a bedroom to a private deck. Ultra-livable 1-bedroom upstairs units are light and bright, with open kitchens, ample storage and a picturesque, covered balcony for relaxing outdoors. The exterior is well maintained, with cedar wood siding, fresh paint and a newer roof. All units have double-pane vinyl windows, updated plumbing & electrical and washers/dryers. Tall crawlspace for storage or potential development. This beautiful gem draws respectful long-term renters and is perfect to live in while upstairs tenants help supplement the mortgage. Large lot with natural landscaping provides enjoyment for nature lovers and the friendly neighborhood vibe makes this house perfect for an owner-occupied investment or multi-generational living. Main unit is now vacant so you can m