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6332 NE 45TH AVE Portland, OR $ 660,000
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6332 NE 45TH AVE
$ 660,000
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6332 NE 45TH AVE

Portland, OR, 97218
$ 660,000
Bedrooms6 Baths3.0 Sq 2,352

Monthly Estimate*

$ 4,167

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Multi-Family Home for sale in Portland, OR

for $660,000 with 6 bedrooms and 3 full baths. This 2,352 square foot home was built in 1976 on a lot size of 0.17.

Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.

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Multi-Family Active

Price

$ 660,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,422

Style

Lot Size

0.17

Year Built

1976

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

228970624
Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Composition
Zoning RM1
Year Built 1976
Tax Year 2025
Parcel Number R284214
Gross Income 45895.0
County Multnomah
Net Operating Income 29249.0
Operating Expense 16646.0
Property Type MultiFamily
HOA N
Subdivision Name CULLY
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions NE 45th between Holman and Lombard
High School Leodis McDaniel
City Portland
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional
Elementary School Rigler
Tax Annual Amount 6422.81
Middle/Junior High School Beaumont
Property Condition Existing
Virtual Tour https://briteroom.aryeo.com/sites/ekpjokyq/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TERESI TR N 1/2 OF LOT 4 S 5' OF LOT 5
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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 Driveway Paved
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 2352.0
Lot Size Acres 0.17
Road Surface Type Paved
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Internal Only
Street Number 1 6332
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* Excluded Features
List By
Living Room Realty

Broker

team@houselovepdx.com

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Affordability Calculator

$4,702
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,167
Monthly Property Taxes
$535
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
3269614 Elementary School
3269609 Middle School
Leodis McDaniel High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$660,000 Listed Price

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6332 NE 45TH AVE, Portland, OR, 97218 is a Multi-Family Home for sale at $660,000 with 2,352 sqft and a lot size of 0.17. 6332 NE 45TH AVE has 6 bedrooms, 3.0 baths, and was built in 1976. The property's zip code is 97218 which is in Portland, OR

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