402 SE 75TH AVE Portland, OR $ 599,900
402 SE 75TH AVE
$ 599,900
Recently Listed
Open House 9/1 12pm - 2pm
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402 SE 75TH AVE

Portland, OR, 97215
$ 599,900
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Portland, OR

for $599,900 with 5 bedrooms and 3 full baths. This home was built in 1894 on a lot size of 0.12.

Turnkey, Fully Furnished Duplex Investment Opportunity in Portland's Montavilla Neighborhood!Welcome to 402 & 406 SE 75th Ave, a versatile duplex located in the desirable Montavilla neighborhood of Southeast Portland. Offering immediate income potential and exceptional flexibility, the property includes two separate units: one featuring 3 bedrooms and 1.5 bathrooms, and the other offering 2 bedrooms and 1 bathroom.Currently operated as short-term rental accommodations, this property presents an attractive opportunity for investors seeking a furnished, income-producing property. All furniture is included in the sale, allowing the next owner to step into a fully furnished setup from day one.Whether you choose to continue operating furnished rentals, subject to applicable rules and regulations, convert to long-term rentals, or live in one unit while generating income from the other, this property offers multiple possibilities.Located in the heart of the Montavilla neighborhood, enjoy convenient access to local shopping, dining, parks, transportation, and the many amenities of Southeast Portland.A rare opportunity to own a fully furnished duplex with two distinct income-producing units in one of Southeast Portland's most vibrant neighborhoods—bring your investment vision and explore the possibilities! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239915]

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Open House

9/1/2026 12:00 PM - 2:00 PM
402 SE 75TH AVE Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 599,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,377

Style

Lot Size

0.12

Year Built

1894

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

701213077

Features
General
Sewer PublicSewer
Heating MiniSplit WallHeater
Cooling MiniSplit WindowUnit
Roof Composition
Zoning multi
Security Features SecurityLights
Year Built 1894
Stories Count 2
Tax Year 2025
Parcel Number R589830
Gross Income 30000.0
County Multnomah
Net Operating Income 25246.0
Operating Expense 5378.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Se stark then North on Se 75th
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Vestal
Tax Annual Amount 5377.64
Middle/Junior High School Harrison Park
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2006-137 LOT 1
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Interior
Basement CrawlSpace Unfinished
Hot Water Electricity Tank
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Asbestos ShakeSiding
Foundation Details ConcretePerimeter PillarPostPier
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Reside Realty Group

Broker

michael@residerealtygroup.com

Email

Affordability Calculator

$4,236
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$448
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
3269607 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$599,900 Listed Price

Map


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402 SE 75TH AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $599,900 with a lot size of 0.12. 402 SE 75TH AVE has 5 bedrooms, 3.0 baths, and was built in 1894. The property's zip code is 97215 which is in Portland, OR