906 NE 24TH AVE Portland, OR $ 765,000
906 NE 24TH AVE
$ 765,000
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906 NE 24TH AVE

Portland, OR, 97232
$ 765,000
Bedrooms4 Baths3.0 Sq 2,300

Monthly Estimate*

$ 4,830

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Multi-Family Home for sale in Portland, OR

for $765,000 with 4 bedrooms and 3 full baths. This 2,300 square foot home was built in 1917 on a lot size of 0.12.

Rare opportunity to own a classic 1917 triplex in Portland’s desirable Kerns neighborhood! Situated on a prominent corner lot, this close-in property offers a versatile unit mix consisting of a studio, 1-bedroom/1-bath, and spacious 3-bedroom/1-bath residence—an excellent setup for an owner-occupant looking to offset housing costs or an investor seeking a well-located multifamily property. The unfinished basement provides abundant storage and offers potential for a common laundry area or additional shared space. Generous corner lot may also present future development or redevelopment possibilities—buyer to verify. Conveniently located just off Sandy Blvd with easy access to neighborhood restaurants, shops, transit, and the amenities of inner Portland. Quick connections to I-84 and I-5 make commuting throughout the metro area easy. A unique opportunity with multiple possibilities in a sought-after close-in location.

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Multi-Family Active

Price

$ 765,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,919

Style

Lot Size

0.12

Year Built

1917

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

320125259

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning EXD
Year Built 1917
Tax Year 2025
Parcel Number R278471
Gross Income 58320.0
County Multnomah
Net Operating Income 48163.0
Operating Expense 10157.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions X - NE Pacific Street
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Buckman
Tax Annual Amount 4919.61
Middle/Junior High School Hosford
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SULLIVANS ADD BLOCK 43 W 1/2 OF LOT 3&4
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Interior
Basement FullBasement Unfinished
Storage Basement
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OnStreet
Lot Features CornerLot
Water Source PublicWater
Exterior Description ShakeSiding
Foundation Details ConcretePerimeter
Building Area Total 2300.0
Lot Dimensions 50 X 100
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 906
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* Excluded Features
List By
Change Realty, Llc

Broker

503-310-6775

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Affordability Calculator

$5,240
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,830
Monthly Property Taxes
$410
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
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2026$765,000 Listed Price

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906 NE 24TH AVE, Portland, OR, 97232 is a Multi-Family Home for sale at $765,000 with 2,300 sqft and a lot size of 0.12. 906 NE 24TH AVE has 4 bedrooms, 3.0 baths, and was built in 1917. The property's zip code is 97232 which is in Portland, OR