1250 SE 46TH AVE Portland, OR $ 730,000
1250 SE 46TH AVE
$ 730,000
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1250 SE 46TH AVE

Portland, OR, 97215
$ 730,000
Bedrooms3 Baths3.0 Sq 2,893

Monthly Estimate*

$ 4,609

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Multi-Family Home for sale in Portland, OR

for $730,000 with 3 bedrooms and 3 full baths. This 2,893 square foot home was built in 1951 on a lot size of 0.15.

Fantastic investment or owner occupant opportunity in the great close-in SE Portland neighborhood of Sunnyside, just 2 blocks from Hawthorne Blvd. This charming triplex features hardwood floors, a fireplace in unit 1260, three well-designed 1-bedroom, 1-bath units, offering an ideal setup for investors, owner-occupants, or anyone looking to grow their real estate portfolio. Residents will appreciate the convenience of on-site laundry, dedicated basement storage for each unit, and tuck under garages for added parking and flexibility. With a desirable location, practical amenities, and excellent income potential, this property checks all the boxes for smart multifamily living. Whether you’re looking to live in one unit and rent the others or add a versatile income-producing property to your portfolio, this Portland triplex is an opportunity you won’t want to miss! Buyers who like to add value to properties might consider putting an ADU or Tiny Home in the backyard or finishing out the basement or garages as living space.

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Multi-Family Active

Price

$ 730,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,088

Style

Lot Size

0.15

Year Built

1951

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

755477148

Features
General
Sewer PublicSewer
Heating Radiant
Roof Composition
Zoning R5
Garage Spaces 2.0
Year Built 1951
Stories Count 1
Tax Year 2025
Parcel Number R107114
Gross Income 59394.0
Community Features Laundry
County Multnomah
Net Operating Income 36919.0
Operating Expense 22615.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions SE Hawthorne North on SE 46th Ave
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Glencoe
Tax Annual Amount 9088.23
Middle/Junior High School Mt Tabor
Property Condition UpdatedRemodeled
Virtual Tour https://mls.ricoh360.com/f55ace7a-7fa3-4785-96b5-59d9da6148a5
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ARCADIA BLOCK 2 LOT 7&8
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Interior
Basement CrawlSpace PartialBasement StorageSpace
Storage Basement
Hot Water Gas SolarHotwater
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Attached Garage
Lot Features CornerLot
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2893.0
Lot Size Acres 0.15
Road Surface Type Paved
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Internal Only
Street Number 1 1250
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* Excluded Features
List By
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Broker

brian@brianporter.com

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Affordability Calculator

$5,367
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,609
Monthly Property Taxes
$757
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/20/2026$730,000 Listed Price

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1250 SE 46TH AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $730,000 with 2,893 sqft and a lot size of 0.15. 1250 SE 46TH AVE has 3 bedrooms, 3.0 baths, and was built in 1951. The property's zip code is 97215 which is in Portland, OR