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About This Home
This 9-bedroom, 8-bathroom residential multi family at 2448 SE 117TH Ave in Portland, OR is listed for $1,475,000 ($250 per sqft). Built in 2004, the home offers 5,899 sqft of living space on a 0.27 acres lot.
Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment.
The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention.
Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental market. Owner is open to seller financing with agreeable down and terms.
Key Features
- Built in 2004
- 0.27 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$7,889/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2448 SE 117TH Ave
Portland, OR 97216
MILL PARK
Questions & Answers
This 9-bedroom, 8-bathroom residential multi family at 2448 SE 117TH Ave is listed at $1,475,000 ($250/sqft). The estimated monthly payment is $6,392 based on 20% down at 6.5% interest.
Key features include: Built in 2004, 0.27 acre lot, 3 stories.
This property is listed by David Columbus and can be reached at 5035042421 or davidc@livingroomre.com.
