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2421 SE 52ND AVE Portland, OR $ 795,000
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2421 SE 52ND AVE
$ 795,000
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2421 SE 52ND AVE

Portland, OR, 97206
$ 795,000
Bedrooms6 Baths4.0 Sq 4,854

Monthly Estimate*

$ 5,020

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Multi-Family Home for sale in Portland, OR

for $795,000 with 6 bedrooms and 4 full baths. This 4,854 square foot home was built in 1957 on a lot size of 0.11.

Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack.

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Multi-Family Active

Price

$ 795,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,601

Style

Lot Size

0.11

Year Built

1957

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

386619075
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition Shingle
Zoning RM1
Year Built 1957
Stories Count 2
Tax Year 2025
Parcel Number R241344
Gross Income 72744.0
Community Features Laundry
County Multnomah
Net Operating Income 43818.0
Operating Expense 28926.0
Property Type MultiFamily
HOA N
Subdivision Name Richmond / Mt Tabor
Rent Includes Sewer TrashCollection Water
Status Active
Directions south of Division on SE 52nd Avenue
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional
Elementary School Atkinson
Tax Annual Amount 10601.73
Middle/Junior High School Harrison Park
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PECKS ADD BLOCK 1 LOT 5
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Interior
Basement FullBasement
Storage Basement IndividualStorageUnits
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 3 Baths Total 1
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OnStreet
Lot Features Level OnBusline
Water Source PublicWater
Exterior Description BoardBattenSiding LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 4854.0
Lot Dimensions 50' x 100'
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2421
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* Excluded Features
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Broker

bpspear@gmail.com

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Affordability Calculator

$5,903
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$883
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
1949194 Elementary School
3246420 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$795,000 Listed Price

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2421 SE 52ND AVE, Portland, OR, 97206 is a Multi-Family Home for sale at $795,000 with 4,854 sqft and a lot size of 0.11. 2421 SE 52ND AVE has 6 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 97206 which is in Portland, OR

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