1118 SE 45TH AVE Portland, OR $ 659,000
1118 SE 45TH AVE
$ 659,000
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1118 SE 45TH AVE

Portland, OR, 97215
$ 659,000
Bedrooms4 Baths4.0 Sq 2,000

Monthly Estimate*

$ 4,058

1118 SE 45TH AVE, Portland, OR 97215 - Image 1
1118 SE 45TH AVE, Portland, OR 97215 - Image 2
1118 SE 45TH AVE, Portland, OR 97215 - Image 3
1118 SE 45TH AVE, Portland, OR 97215 - Image 4
1118 SE 45TH AVE, Portland, OR 97215 - Image 5
1118 SE 45TH AVE, Portland, OR 97215 - Image 6

Multi-Family Home for sale in Portland, OR

for $659,000 with 4 bedrooms and 4 full baths. This 2,000 square foot home was built in 1975 on a lot size of 0.13.

Beautiful 70's style duplex, originally owned by the owner in the desirable Hawthorne neighborhood. First time on the market! A rare opportunity to own an income-producing Duplex in Portland's most sought-after neighborhoods. Brand new roof installed in January 2026. Each unit features 2 bedrooms, 1/1/2 baths, a fireplace, and vintage details throughout. Ample storage and bright, spacious living areas, along with private outdoor spaces, create an ideal living environment. This is Portland living at its BEST! Large onsite parking lot. Great cash flow. Located on a quiet street, with easy access to coffee shops, restaurants, a grocery store, and public transit. Great schools. Walk score is a 10.

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Multi-Family Active

Price

$ 659,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,085

Style

Lot Size

0.13

Year Built

1975

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

380414092

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling WindowUnit
Roof Composition
Zoning R2.5
Garage Spaces 0
Security Features None
Year Built 1975
Stories Count 1
Tax Year 2025
Parcel Number R169575
Gross Income 48000.0
Community Features FrontYardLandscaping
County Multnomah
Net Operating Income 42000.0
Operating Expense 6200.0
Property Type MultiFamily
HOA N
Subdivision Name SUNNYSIDE / HAWTHORNE
Rent Includes TrashCollection
Status Active
Directions Between SE Belmont & SE Hawthorne on SE 45th Ave.
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional
Elementary School Glencoe
Tax Annual Amount 7085.14
Middle/Junior High School Mt Tabor
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GLENCOE PK BLOCK 7 LOT 2
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Interior
Basement CrawlSpace
Storage Locked
Hot Water Electricity Tank
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description Aluminum
Foundation Details ConcretePerimeter
Building Area Total 2000.0
Lot Size Acres 0.13
Road Surface Type Paved
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Internal Only
Street Number 1 1118
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* Excluded Features
List By
Realtynet, Llc

Broker

info@realtynetllc.com

Email

Affordability Calculator

$4,648
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,058
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2026$659,000 Listed Price

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1118 SE 45TH AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $659,000 with 2,000 sqft and a lot size of 0.13. 1118 SE 45TH AVE has 4 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 97215 which is in Portland, OR