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3907 SE SALMON ST Portland, OR $ 950,000
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3907 SE SALMON ST
$ 950,000
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3907 SE SALMON ST

Portland, OR, 97214
$ 950,000
Bedrooms6 Baths3.0 Sq 2,420

Monthly Estimate*

$ 5,998

3907 SE SALMON ST, Portland, OR 97214 - Image 1
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Multi-Family Home for sale in Portland, OR

for $950,000 with 6 bedrooms and 3 full baths. This 2,420 square foot home was built in 1978 on a lot size of 0.2.

Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income.The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property’s SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes.Whether you're an experienced investor looking to add to your portfolio or exploring your first multifamily investment, 3907 SE Salmon St presents an opportunity to own a residential income property in one of Portland's established and desirable areas.

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Multi-Family Active

Price

$ 950,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,149

Style

Lot Size

0.2

Year Built

1978

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

617602181
Features
General
Sewer PublicSewer
Heating WallFurnace
Roof Composition
Zoning R2.5
Year Built 1978
Stories Count 2
Tax Year 2025
Parcel Number R281227
Gross Income 59294.0
County Multnomah
Net Operating Income 26883.0
Operating Expense 32410.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions 39th E on Salmon property on left
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional
Elementary School Sunnyside Env
Tax Annual Amount 10149.61
Middle/Junior High School Sunnyside Env
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SUNNYSIDE ADD BLOCK 12 LOT 1&2 TL 10600
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity
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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Exterior
Parking Features Assigned
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description Cedar ShakeSiding
Foundation Details ConcretePerimeter
Building Area Total 2420.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 3907
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* Excluded Features
List By
Engel & Volkers Portland Rose City

Broker

sam.real@evusa.com

Email

Affordability Calculator

$6,844
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$846
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
1948948 Elementary School
1949162 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$950,000 Listed Price

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3907 SE SALMON ST, Portland, OR, 97214 is a Multi-Family Home for sale at $950,000 with 2,420 sqft and a lot size of 0.2. 3907 SE SALMON ST has 6 bedrooms, 3.0 baths, and was built in 1978. The property's zip code is 97214 which is in Portland, OR

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