5160 NE COLUMBIA BLVD new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97218
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,601 sqft
Price per Sqft $288
MLS Listing ID 560773310
Style Stories1
Bedrooms 4
Full Baths 3
Year Built 1948
Annual Tax Amount $3,447
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Single Family Residence
Property Description
Charming income-producing triplex in desirable NE Portland — 5160 NE Columbia Blvd. Rare investment opportunity with solid cash flow and flexible IG2 zoning for future options. Property features three well-maintained units (mix of 3BR and studio layouts), updated kitchens, efficient appliances, in-unit storage, and on-site laundry. Separate meters for water and electricity where applicable, off-street parking for tenants, and a secure common entrance. Strong rental history, low vacancy, and professional property management in place — immediate income from day one. Prime location: minutes to Columbia Slough greenway, easy access to I-84 and I-205, close to shopping, restaurants, and public transit. IG2 zoning adds redevelopment potential or expanded commercial/industrial use subject to city approvals. Ideal for investors seeking stable returns with upside through minor value-add renovations or future entitlement. Contact for rent roll, income/expense statements, and to schedule a showing.
Location
State OR
County Multnomah
Area _142
Rooms
Basement Exterior Entry, Separate Living Quarters Apartment Aux Living Unit
Interior
Interior Features Accessory Dwelling Unit, Hardwood Floors, Wood Floors
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Appliance Free Standing Range, Free Standing Refrigerator, Granite, Tile
Exterior
Parking Features Detached
View City
Roof Type Composition
Garage Yes
Building
Lot Description Cleared, Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Rigler
Middle Schools Beaumont
High Schools Leodis Mcdaniel
Others
Senior Community No
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional