97220 Real Estate Search

97220 Homes for Sale

Overview of Real Estate in 97220

The 97220 ZIP code, situated in the Portland metropolitan area, encompasses parts of the beautiful community of Parkrose and nearby neighborhoods. Known for its suburban charm, this area boasts a mix of residential homes, commercial properties, and recreational spaces. The real estate market in 97220 has been dynamic over the past few years, reflecting broader trends and demand in the Portland region. Homebuyers are increasingly attracted to the area's affordability compared to the more expensive neighborhoods in downtown Portland, making it an appealing option for families and young professionals alike.

Housing Market Trends

In recent years, the housing market in 97220 has experienced significant growth. Home prices have seen an upward trend, driven by factors such as low interest rates, increased demand for suburban living, and limited inventory. Despite the fluctuations in the economy and housing market, 97220 remains an attractive option for buyers. Properties in this area range from charming single-family homes to modern multi-family units, catering to a diverse range of preferences and budgets.

Neighborhood Features and Amenities

The neighborhoods within the 97220 ZIP code offer a variety of amenities that enhance the quality of life for residents. Local parks, such as Parkrose Park and Argay Park, provide ample opportunities for outdoor activities, picnics, and community events. Additionally, the area is well-served by schools, shopping centers, and dining options, making it a convenient place to live. The proximity to major transportation routes and public transit ensures that residents have easy access to downtown Portland and other parts of the city, further boosting the allure of this area.

Investment Opportunities

Investors looking at the 97220 real estate market will find numerous opportunities. The ongoing demand for rental properties, fueled by a growing population and job opportunities in Portland, positions this area as a viable option for rental income. Multi-family homes and single-family residences converted into rental units can yield favorable returns. Furthermore, understanding local zoning laws and community development plans can provide additional insights into potential investment strategies, making 97220 an intriguing area for real estate investors.

The Future of Real Estate in 97220

Looking ahead, the real estate landscape in the 97220 area is poised for continued growth and transformation. As the Portland metro area expands, neighborhoods like Parkrose will likely see increased interest from homebuyers and developers. With a focus on sustainable development and community enhancement, local initiatives may introduce more green spaces, improved infrastructure, and upgraded public amenities. As these changes take shape, 97220 could become an even more desirable area to live, work, and invest.

Our website features the best 97220 real estate search for homes available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

97220 Homes for Sale

Avg. No of Beds
Avg. No of Baths
Avg. Living Ft2
Avg. Listing Price
Cost per ft2
Days on Market
97220 Popular Searches
97220 Homes by Price
97220 Homes by # of Bedroom(s)
97220 Homes by # of Bathroom(s)

Curious about what’s happening in the 97220 real estate market? Sign up for a  97220 Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest 97220 Homes for Sale

$850,000
4 Beds ⋅ 3 Baths ⋅ 105078734 MLS
Exceptional custom 3-level home offering nearly 5,000 sq ft of versatile living space with incredible multi-generational or rental income potential, and a 2023 installed roof! Perfectly positioned in a private setting, this one-of-a-kind property blends timeless architecture, warmth, and functionality with breathtaking natural light throughout. Inside, breathtaking floor-to-ceiling windows, numerous French doors, soaring ceilings, and three fireplaces create an unforgettable atmosphere filled with character and charm. Hardwood and tile flooring, skylights, and thoughtfully designed gathering spaces add to the home’s elevated feel. The spacious kitchen was designed for entertaining and everyday living alike, featuring built-in appliances, a large cook island, double ovens, abundant storage, and an impressive walk-in pantry complete with electrical outlets and a bar sink. Multiple living and dining areas provide flexibility for hosting, relaxing, or extended living arrangements. The interior layout offers excellent separation of space, ideal for dual living, guests, or possible income-producing opportunities. Retreat to the oversized primary suite featuring its own fireplace, private balcony access, French doors, walk-in closet, and spa-like feel. Enjoy seamless indoor-outdoor living from two covered balconies, expansive deck areas, and a sunroom perfect for year-round enjoyment. Additional highlights include a brick exterior, tile roof, oversized attached garage, workshop space, backup gas generator, and generous off-street parking. With stunning architectural details throughout and endless possibilities for flexible living, this home offers a rare opportunity to own a truly distinctive Portland property designed for both comfort and entertaining. Conveniently located with territorial, city, and surrounding scenic views, this exceptional residence delivers space, privacy, and timeless appeal all in one. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242074]

9101 NE CLIFF ST, Portland
$345,000
3 Beds ⋅ 2 Baths ⋅ 320186031 MLS
You have to see it to believe it! A fully renovated 4-story townhouse-style condo where you’ll find ample space to live, host, work & rest in comfort with style. Relish in the abundant sunlight, vaulted ceilings, and an intentionally curated kitchen with sleek finishes complementing the stainless steel appliances, modern backsplash, sophisticated cabinetry, and a stunning auburn butcher block countertop. The loft-style dining space overlooks your living room area with high ceilings and a distinguished fireplace. Two bedrooms and two full bathrooms sit on the highest floor. The primary suite features vaulted ceilings, generous closet space, and a spa-inspired en-suite complete with dual vanities and a relaxing jacuzzi tub. Upon entry, step down to find a versatile bonus room—ideal as a 3rd bedroom, home office, fitness space, media center, or guest retreat. Throughout the entire home, you’ll find luxury vinyl plank flooring, fresh crisp paint, and generous storage space on every floor, including overhead shelving in the attached two-car garage. Enjoy year-round outdoor living on your covered private patio. The home has been meticulously cared for with all recent upgrades completed by the current owner, including the furnace, HVAC, and water heater (all replaced within the last 1–5 years) and a new roof in 2025. This is your chance to secure the home of your dreams in the sought-after Argay Terrace district, offering convenient access to major freeways, shopping, dining, and public transportation. HOA covers exterior maintenance, common areas, and professional management for easy, low-maintenance living. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238132]

12142 NE FREMONT ST Unit #11, Portland
$475,000
4 Beds ⋅ 2 Baths ⋅ 737789918 MLS
Montavilla treasure with the Portland vibe you love plus the updates and spaciousness that are often so difficult to find. This four BR/two full bath home has been updated into a bright, peaceful space with plenty of room to stretch out in. Kitchen is inviting with quartz countertops, natural light, and lots of elbow room for multiple people to be cooking and hanging out. Many updates throughout this house including updated Plumbing, New 30 year roof, New Siding and Windows , custom cabinets and more. The large yard is perfect for yard games, relaxing, letting pets and/or children run around as well as catching the SW sunlight for growing stuff in the garden.In addition there is a lot of potential room to add off street parking if desired. (Buyer to do due diligence) Location is super convenient to the Montavilla restaurants, shops, parks, farmer's market, food trucks and public transportation that Portlanders love. You don't want to miss seeing this beautiful home! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10238673]

8413 NE HASSALO ST, Portland
$409,000
3 Beds ⋅ 2 Baths ⋅ 584818011 MLS
Imagine coming home to a space that has already been refreshed and updated, allowing you to focus on what matters most—your life. This charming single-level residence is the definition of move-in ready, offering a seamless blend of modern style and effortless living. Step inside to find an open-concept layout where the living room, anchored by a cozy fireplace, flows naturally into a dining area and a sleek, modern kitchen. Whether you are hosting your first dinner party or enjoying a quiet morning coffee, the fresh interior paint and updated finishes provide a clean, contemporary canvas for your new beginning.The true heart of this home is its versatility. With four spacious bedrooms, you have the freedom to design a life that fits you perfectly—one room for rest, and the others for your passions, whether that’s a dedicated home office, a guest room for visiting friends, or a creative studio. Two full, updated bathrooms ensure that busy mornings remain stress-free, blending convenience with modern design. Outside, the low-maintenance yard and private driveway offer a peaceful retreat without the burden of heavy upkeep, while the surrounding Portland neighborhood provides easy access to local parks, schools, and the city’s best coffee shops and trails. This isn’t just a place to live; it’s a foundation for your next big adventure.

1108 NE TAMERA LN, Portland
$700,000
3 Beds ⋅ 2 Baths ⋅ 421470658 MLS
Prime development opportunity conveniently located on 102nd Ave.

2514 NE 102ND AVE, Portland
$749,900
2 Beds ⋅ 2 Baths ⋅ 587790014 MLS
Fully renovated duplex in Portland’s Parkrose neighborhood offering a true turnkey investment or owner-occupant opportunity. Both units have been thoughtfully updated, featuring modern finishes, refreshed interiors, and a move-in ready condition that supports immediate rental income or comfortable owner occupancy. Each unit provides functional, light-filled layouts designed for everyday living, making this property appealing to both tenants and buyers seeking low-maintenance housing options. Conveniently located with quick access to I-205, MAX transit, Portland International Airport, and nearby shopping and dining, this property offers strong commuter appeal and consistent rental demand. This property shares a property line with an adjacent home owned by the same seller, which is also currently listed for sale. The two properties may be purchased together, presenting a unique opportunity for expanded investment, additional development potential, or a larger combined portfolio in one transaction.

4716 4722 NE 108TH AVE, Portland
$749,900
2 Beds ⋅ 1 Baths ⋅ 455142040 MLS
Exceptional opportunity for investors, builders, or visionaries looking to unlock the full potential of a prime corner lot. This property offers strong upside for redevelopment, expansion, or strategic hold, with added value in the possibility of acquiring the adjacent parcel for a larger combined footprint. The existing single-level home includes 2 bedrooms and 1 bathroom, providing a starting point for renovation or redevelopment plans. With the flexibility this lot presents, the possibilities here are well worth exploring. Interior access will be provided upon acceptance of an offer. Buyer to perform all due diligence and verify development potential, zoning, and property details to their satisfaction.

4704 NE 108TH AVE, Portland
$399,900
3 Beds ⋅ 2 Baths ⋅ 290803039 MLS
Great Parkrose Area! Open floor plan with 9 feet high ceilings, cozy gas fireplace and finish hardwood floor in living room. Master bedroom with master suite. 2.5 baths. Kitchen with Island, granite counter top, appliances and more. Attached garage, hardyblank siding, front porch and back patio. Move in ready. Please remove your shoes. Motived sellers. Sellers will leave sofa, Ref, washer/dryer, piano, TV set, and fish tank for no cost. NoRE sign. Thank you

4620 NE 105TH AVE, Portland
$2,700,000
586326525 MLS
Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.

11324 NE SANDY BLVD, Portland
$2,700,000
375021372 MLS
Exceptional 24-Unit Income-Producing Motel on NE Sandy Blvd. Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation.With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence.

11324 NE SANDY BLVD, Portland
$400,000
543935194 MLS
Four west-facing contiguous tax lots are zoned R5 each. A builder has done preliminary leg work. He has completed the geotechnical studies, storm water studies, preliminary design concept, and more. Please contact agent for more information. This is a great opportunity for a builder or investor to move forward with the project. Each lot can have two townhomes, so for all four lots, there is potential to have eight units! SUNSET VIEWS at the top are incredible.... perfect for town homes with rooftop patios! Buyer must get final building approval and permits from the city. Much of the leg work has already been done, making this process much less costly.

3226 NE CADET AVE, Portland
$3,225,000
752828656 MLS
Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.

4775 NE 107TH AVE, Portland
$499,900
3 Beds ⋅ 3 Baths ⋅ 666925652 MLS
Zoned Mixed Use Commercial/Residential. Some photos are virtually staged to illustrate residential home feel, but main level is currently used as office. Usable basement and a living unit with both having separate entry, but can easily be reconnected for better uses. Potential extra income if it be converted back to a beautiful residential home with ADU or separate living. Read Portland zoning guide for allowable uses if you are a developer or have an interest in development such as multifamily or mixed use commercial/residential building. Great location with heavy foot traffic, right off of highway access, and ample of on-site parking space not to mention the detached garage for 4 cars and extra storage. Contact City of Portland for temporary system development charge exemptions for new housing units that can save you thousands and talk to your CPA regarding OBBB ACT that can boost your tax planning options. Buyer to perform due diligence. Don't miss this great opportunity!

2020 NE 102ND AVE, Portland
$499,900
782900593 MLS
Zoned Mixed Use Commercial/Residential. Currently used as office on the main level. Usable basement and a living unit with both having separate entry, but can easily be reconnected for better uses. Prior use was by a long-standing optometrist business. Tons of potentials, which can include professional services such as accounting or law firm to medical practice such as optometrist or chiropractic to possibly a group care OR just to convert it back to a beautiful residential home with ADU or separate living. Read Portland zoning guide for allowable uses if you are a developer or have an interest in development such as multifamily or mixed use commercial/residential building. Great location with heavy foot traffic, right off of highway access, and ample of on-site parking space not to mention the detached garage for 4 cars and extra storage. Current use is by a nonprofit that is exempt from property tax. Contact City of Portland for temporary system development charge exemptions for new housing units that can save you thousands and talk to your CPA regarding OBBB ACT that can boost your tax planning options. Buyer to perform due diligence. Don't miss this great opportunity!

2020 NE 102ND AVE, Portland
$179,000
2 Beds ⋅ 1 Baths ⋅ 555455306 MLS
2BD/1BA condo in Gateway Arbors! Recently refreshed with brand-new flooring and fresh interior paint throughout. HOA's include Water, Sewer, Garbage, & Exterior Maintenance. No rental Cap and a Deeded Parking Space. Major exterior updates include new roof, new windows, and new siding, offering added value and peace of mind. Light-filled, great layout with spacious living area, dining space, and efficient kitchen with ample cabinetry. Two bedrooms ideal for primary suite + guest room. Well-maintained with easy access to I-84, shopping, dining, and nearby Gateway Transit Center. Excellent opportunity for owner-occupants or investors!

737 NE 99TH AVE Unit #24, Portland
$749,900
8 Beds ⋅ 5 Baths ⋅ 120106137 MLS
With 3 addresses on 1 tax lot (#900, #904 & #908) and a 6.74% CAP RATE in Portland’s Montavilla neighborhood, this TRI-PLEX is perfect for investors & owner-occupants alike. Live in one unit and rent out the others to significantly offset your mortgage, or keep all 3 units rented and cash flow right out the gate! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. The front detached home (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. SEE MLS# 285142697 for Multi-Fam listing w/ rental details. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]

900 NE 91ST AVE, Portland
$749,900
285142697 MLS
INVESTMENT OPPORTUNITY AWAITS!!! With 3 addresses on 1 tax lot (#900, #904 & #908) and a 6.74% CAP RATE in Portland’s Montavilla neighborhood, this TRI-PLEX is perfect for investors & owner-occupants alike. Live in one unit and rent out the others to significantly offset your mortgage, or keep all 3 units rented and cash flow right out the gate! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. The front detached home (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]

900 NE 91ST AVE, Portland
$649,999
158958167 MLS
Please DND Tenants, Spacious 4BR Duplex, over 3200 sq ft, Property has long term renters paying below market rent, Great as Owner occupied investment live-in and rent second unit, Endless Potential. I will say less, This Property speaks for itself $$$$.

770 NE 91ST AVE, Portland
$470,000
4 Beds ⋅ 3 Baths ⋅ 539838759 MLS
New Price! Fully remodeled single-level home offering exceptional flexibility and functionality. Updated from top to bottom, this NE Portland property features a well-designed layout with four bedrooms and three full bathrooms, all on one level, ideal for easy living, work-from-home needs, or multigenerational use. The home offers multiple living spaces, including a main living room, a separate family room at the back of the home, and a bonus room that works well as a fifth sleeping area, office, or flex space, noted as non-conforming and completed with permits. This thoughtful layout provides separation of space and versatility rarely found in single-level homes. The fully renovated kitchen features a large island, all-new appliances under warranty, and a strong connection to the main living areas, making it both functional and inviting. Newer windows throughout enhance natural light and improve overall energy efficiency. The primary bedroom includes its own closet and convenient access to an updated bathroom. Major improvements have already been completed, including a new roof with a 30-year warranty, new furnace, new air conditioning unit, and new appliances, offering peace of mind for the next owner. A new covered patio with a new roof extends the living space outdoors and allows for comfortable, year-round use. With true single-level living, a practical floor plan, and extensive recent upgrades, this home is truly move-in ready. Conveniently located near parks, schools, and commuter routes, this property presents a strong opportunity for buyers seeking space, flexibility, and quality updates in NE Portland. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244115]

8715 NE CLACKAMAS ST, Portland
$175,000
722005367 MLS
This gently sloped parcel offers 100 feet of street frontage and valuable CM2 mixed-use zoning, presenting a rare opportunity for flexible development. A public sewer line is available on-site, with all other utilities available at the street, streamlining project readiness. To the west, the property enjoys a permanent, park-like open space provided by the historic Columbia Pioneer Cemetery, ensuring enduring privacy. Zero-lot-line design allowances enable optimized site utilization and views across this open space. The location provides exceptional accessibility—just a five-minute walk to the Parkrose/Sumner Transit Station, with direct access to I-205 and the Sandy Boulevard commercial corridor. Cascade Station shopping and Portland International Airport (PDX) are both within a seven-minute drive. A current topographic and utility survey is included with the sale. City-approved concept plans for three single-family residences are available, and a previously approved site plan for three townhomes further broadens the development potential.

4855 NE 99th AVE, Portland
$1,250,000
311933647 MLS
Prime NE PDX Hub location. Builder and developer investment alert! Property is in emerging gateway neighborhood and opportunity zone. Value is in the land and development potential. Convenient access to I-205 and I-84 with close proximity to Gateway mass transit station, bus and light rail stops. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic area. Fenced and gated. Flexible terms: conventional, cash, contract or trade.

9715 NE Glisan ST, Portland
$410,000
4 Beds ⋅ 1 Baths ⋅ 148582780 MLS
Charming Home with Updated Features & Prime Location!Welcome to this beautifully maintained home conveniently located by major bus lines, shopping centers, and freeway access — making your daily commute and errands a breeze! Inside, you'll find the warmth and character of original hardwood floors throughout, adding timeless appeal to the space.The updated kitchen and bathroom offer modern finishes and functionality, perfect for today’s lifestyle. Step outside to enjoy a large backyard — ideal for gardening, entertaining, or simply relaxing in your own private outdoor oasis.Don’t miss this opportunity to own a move-in-ready home!

11330 NE GLISAN ST, Portland
$199,800
665311054 MLS
Developers and Investors Opportunities! Lot size total 4002sqft . This great location just minutes to Portland International Airport within a walking distance of light rail and bus lines is ready for you. Blocks to MHCC Maywood Park Center and other amenities including grocery, restaurants and parks. Easy access to I-84 and I-205. Buyer to do own due diligence!

NE 95TH AVE, Portland
$50,000
568066935 MLS
Unlock the potential of this exceptional .38-acre vacant lot perched in one of the most scenic locations in the Pacific Northwest. With unobstructed panoramic views of Mt. Hood, Mt. St. Helens, the Columbia River, and surrounding natural beauty, this is a once-in-a-lifetime opportunity to create a custom home in a truly awe-inspiring setting. Lot located next to 3032 NE Rocky Butte Road.

NE ROCKY BUTTE RD, Portland
$289,900
433197366 MLS
Discover this exceptional vacant level and usable lot, zoned RM1 —perfect for a variety of residential development options! Spanning 45’ x 99.75’, this 4,488 sq. ft. lot is ready for your vision. Whether you're planning townhomes, duplexes, or 5+ units, this location offers so much potential. Enjoy a desirable location with easy access to public transit, local parks, shopping, and dining. Utilities are available at the street, streamlining the building process. Don’t miss out on this fantastic opportunity to develop and put your stamp on Portlands landscape! Buyer to do due diligence on zoning and development possibilities.

9165 NE OREGON ST, Portland
$875,000
24068858 MLS
**Investor Opportunity | Fully Occupied 4-Plex | Strong Cash Flow | Turnkey Asset**Expand your investment portfolio with this **fully leased, professionally maintained 4-plex** in the desirable Parkrose neighborhood of Northeast Portland. Built in **2005** and substantially updated in **2014**, this low-maintenance asset offers the combination every investor is looking for—**stable rental income, modern construction, and long-term appreciation potential.** Each of the four spacious units features **2 bedrooms, 2 full bathrooms, approximately 900 square feet**, open-concept living, washer/dryer hookups, dedicated storage, and private outdoor space. Lower units enjoy **fenced backyards**, while upper units offer **both front and rear balconies**, creating strong tenant appeal and supporting long-term occupancy. Currently generating **$73,920 in annual gross income** with an estimated **$52,920 net operating income**, this investment offers immediate cash flow with additional upside as rents continue to strengthen in the Portland market. Tenants pay their own utilities while owner expenses remain manageable, making this an ideal asset for both experienced investors and those seeking a quality addition to a growing portfolio. Situated on a level lot with off-street parking, fiber cement siding, forced-air gas heat, public utilities, and contemporary construction, this property is designed for durability and reduced maintenance. The convenient location provides quick access to I-205, Portland International Airport, public transportation, shopping, dining, parks, and major employers—features that continue to attract quality tenants year after year. Whether you're completing a 1031 Exchange, building passive income, or looking for a stable multifamily investment with proven occupancy, this property delivers the fundamentals that matter: strong cash flow, desirable unit mix, modern construction, and lasting investment potential.**Please do not disturb tenants**

4724 NE 101ST AVE, Portland
$1,250,000
24494866 MLS
Reduced price! Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Tenants in property now. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic. Fenced and gated. Flexible terms.

9715 NE Glisan ST, Portland
$1,250,000
4 Beds ⋅ 2 Baths ⋅ 24096742 MLS
Prime NE PDX Hub location. Builder and developer investment alert! Property is in emerging gateway neighborhood and opportunity zone. Value is in the land and development potential. Convenient access to I-205 and I-84 with close proximity to Gateway mass transit station, bus and light rail stops. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic area. Fenced and gated. Flexible terms: conventional, cash, contract or trade.

9715 NE Glisan ST, Portland
$470,000
24344920 MLS
Well maintained by seller! Currently used for dry cleaner. If buyer wants to take over the business, the seller will sell the equipment for a small amount or remove the equipment if the buyer doesn't want them. This building can be live/work, double check zoning. There are 3 bedrooms/offices and one bathroom plus one breakroom and kitchen. Potential off-street parking behind building, currently street parking.

4916 NE 100TH AVE, Portland
$1,100,000
24465137 MLS
4,766 SF Building.59 acre lot (25,822 SF)Year Built: 19702 large open area/showrooms spaces 4 restrooms - 2 ADA compliant w/showers & lockersOne private officePlenty of storage spaceFront street entry leads into retail/showroom spaceside entry leads into retail/showroom space Rear delivery door in back - off storage room23 parking spaces and additional off-site parking on 117th AvenueExcellent street front exposure & signage Located on a corner lot with 2 access pointsEasy access from NE Halsey Street & NE 117th AvenueClose proximity to I-205 ,Gateway District, 122nd Max Hub, Portland Airport and only 15 minutes to Downtown PortlandHigh traffic counts along NE Halsey StreetZoned CM1 - (Commercial Mixed-Use) - allows for a variety of uses Plenty of nearby amenities, including parks, shopping and restaurants!

11702 NE HALSEY ST, Portland
$3,825,000
22628515 MLS
This exceptional commercial property in NE Portland offers a prime location at the high-visibility intersection of NE Lombard and 89th Ave, with direct access to all major freeways and Portland International Airport. The property features a 21,805 SF warehouse, a 1,972 SF office space, and 1,502 SF of outside storage, making it ideal for a variety of industrial, logistics, or distribution uses. The warehouse provides ample space for operations, while the dedicated office area is perfect for administrative needs. Additionally, the outdoor storage area offers secured space for equipment or materials. Flexible financing options are available, with a large down payment required and negotiable terms and interest rates.

8900 NE Lombard ST, Portland
Start Your Search
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.