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5103 NE 42ND AVE Portland, OR $ 870,000
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$ 870,000 Get more info
5103 NE 42ND AVE
$ 870,000
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Share Save

5103 NE 42ND AVE

Portland, OR, 97218
$ 870,000
Bedrooms6 Baths3.0 Sq 2,603

Monthly Estimate*

$ 5,428

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Multi-Family Home for sale in Portland, OR

for $870,000 with 6 bedrooms and 3 full baths. This 2,603 square foot home was built in 1946.

Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Do not walk property or disturb tenants.

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Multi-Family Active

Price

$ 870,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,758

Style

Year Built

1946

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

407658043
Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Roof Composition
Zoning RM2
Year Built 1946
Stories Count 1
Tax Year 2025
Parcel Number R181102
Gross Income 41100.0
Community Features AllLandscaping
County Multnomah
Net Operating Income 19435.0
Operating Expense 21665.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions 84 - N on NE 33rd Ave R on NE Freemont St L on 42nd Ave property on left.
High School Grant
City Portland
Disclosures Exempt
Number Of Units Total 3
MLS Area _142
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 6758.34
Middle/Junior High School Vernon
Property Condition UpdatedRemodeled
Virtual Tour https://homes.photojacknw.com/5101-5103-5115-NE-42nd-Ave/idx
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HILTON BLOCK 5 LOT 1&2 EXC PT IN ST
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Exterior
Parking Features Carport OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 6.0
Exterior Description VinylSiding
Building Area Total 2603.0
Lot Dimensions 100 x 100
Road Surface Type Paved
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Interior
Hot Water Electricity Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Internal Only
Street Number 1 5103
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* Excluded Features
List By
Real Broker

Broker

Heidi@HeidiTorkko.com

Contact

Affordability Calculator

$5,991
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,428
Monthly Property Taxes
$563
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5325239 Elementary School
5325231 Middle School
Grant High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$870,000 Listed Price

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5103 NE 42ND AVE, Portland, OR, 97218 is a Multi-Family Home for sale at $870,000 with 2,603 sqft. 5103 NE 42ND AVE has 6 bedrooms, 3.0 baths, and was built in 1946. The property's zip code is 97218 which is in Portland, OR

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