2421 SE 52ND AVE, Portland, OR 97206

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Courtesy of Opt

List Price
$795,000
Status
ACTIVE
MLS#
386619075
Days on Market
3
Finished SqFt
4,854
Lot Size (sq ft)
4,791

Property Description

Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack.

Additional Information

List Date
2026-10-02 00:00:00
Community
Richmond / Mt Tabor
Stories
2
Potential Terms
Cash, Conventional
Year Built
1957
Elementary School
Atkinson
Middle School
Harrison Park
High School
Franklin

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