6332 NE 45TH AVE, Portland, OR 97218

$660,000
2,352
SqFt

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Listing courtesy of Living Room Realty.

List Price
$660,000
Status
ACTIVE
MLS#
228970624
Days on Market
15
Finished SqFt
2,352
Lot Size (sq ft)
7,405

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

List Date
2026-08-28 00:00:00
Community
CULLY
Potential Terms
Cash, Conventional
Year Built
1976
Elementary School
Rigler
Middle School
Beaumont
High School
Leodis McDaniel

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