5160 NE COLUMBIA BLVD

Portland, 97218

  • 4 Bed

  • 3 Bath

  • 2601 SqFt

  • 1 DOM

  • Built: 1948

  • Status: Active

$750,000

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5160 NE COLUMBIA BLVD

Portland 97218

$750000

  • 4 Bed

  • 3 Bath

  • 2601 SqFt

  • 1 DOM

  • Built: 1948

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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.

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