Oregon
Portland
5160 Ne COLUMBIA Blvd

$750,000

5160 Ne COLUMBIA Blvd, Portland, OR 97218

4 beds |
3 baths |
2,601 sqft

Single-Family Home
Built in 1948
0.28acre lot
—— car garage
$288/sqft
Listed 1 day ago

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.

Listing Status:: Active
Date Added:: September 29, 2025 at 05:00AM
Listing Office:: LUXE Forbes Global Properties : 503-389-2112
Listing Agent:: Nicholas Eckelman : 971-275-0237
MLS ID:: 560773310

General: Accessory dwelling unitHardwood floorsWood floors
Appliances: Free standing rangeFree standing refrigeratorGraniteTile
Basement: Exterior entrySeparate living quarters apartment aux living unit
A/C: Central air
Heating: Forced air
Fireplace: FireplaceFireplaces: 1

General: T 111 siding
Style: Stories 1
Parking: DrivewayRv access parkingParking spaces: 0

Roofing: Composition
Windows: DoublePaneWindows
General: Slab

Road/Access: ConcretePaved
HOA Amenities: 0.0
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: ZWAHLEN HOME SITESBLOCK 1LOT 6 TL 100R314148
View: View

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Nicholas Eckelman, LUXE Forbes Global Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Rigler School

5401 NE Prescott St, Portland, OR, 97218

Grades KG-5

0.96 miles away

Beaumont Middle School

4043 NE Fremont St, Portland, OR, 97212

Grades 6-8

1.54 miles away

Alliance High School

4039 NE Alberta Ct, Portland, OR, 97211

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.