2448 SE 117th Ave Portland, OR 97216
Listing Courtesy of: MLS LogoRMLS / Living Room Realty

  2448 SE 117th Ave Portland, OR 97216

Active (5 Days)
$1,475,000 (USD)
9
BED
8
BATH
5,899
SQFT

Description

Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment. The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention. Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental market.

MLS #:
535479438
Taxes
$12,751(2024)
Lot Size
0.27 acres
Type
Multifamily
Year Built
2004
County
Multnomah County
Community
Mill Park

Listed By

David Columbus, Living Room Se Office
Source
RMLS
Last checked Oct 7 2025 at 6:49 PM PDT
Bathroom Details
  • Full Bathrooms: 8
Subdivision
  • Mill Park
Lot Information
  • Level
Property Features
  • Foundation: Concrete Perimeter
Basement Information
  • Crawl Space
Exterior Features
  • Cement Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: Mill Park
  • Middle School: Floyd Light
  • High School: David Douglas
Parking
  • Paved
  • Off Street
Stories
  • 3
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (10/7/25 11:49). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.