2448 Se 117TH Ave, Portland, OR 97216

• 5,899 sqft

Property 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.

Listing Status:

Active

Date Added:

October 2, 2025 at 05:00AM

Listing Office:

Living Room Realty : 503-719-5588

Listing Agent:

David Columbus : 503-504-2421

MLS ID:

535479438

Interior

• Basement: Crawl space
• A/C: None
• Heating: Wall heater

Exterior

• General: Cement siding
• Parking: Off streetPavedParking spaces: 7

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM2D & O LITTLE HMS SUB 1N 70' OF S 170' OF W 198' OF LOT 4EXC PR145740

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of David Columbus, Living Room Realty