646 SE 60TH AVE

Portland, 97215

  • 4 Bed

  • 3 Bath

  • 5474 SqFt

  • 245 DOM

  • Built: 1926

  • Status: Active

$1,050,000

X

646 SE 60TH AVE

Portland 97215

$1050000

  • 4 Bed

  • 3 Bath

  • 5474 SqFt

  • 245 DOM

  • Built: 1926

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland’s most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials

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Residence Information

  • 5474

  • 4

  • 3

  • Composition

  • OnStreet

  • 2

  • 1926

  • No

  • WoodSiding

  • FullBasement

  • FullBasement

  • ConcretePerimeter

Features and Utilities

  • Baseboard, ForcedAir

  • PublicSewer

  • Electricity, Gas

Financial

  • 12513.76

  • Gas,Heat,TrashCollection,Water

  • Cash,Conventional

  • 10-07-2024

  • No

  • No

Comparable Information

  • 245

  • 245

  • Cash,Conventional

  • $1,050,000

  • $1,050,000

  • Oct 24, 2024 15:35

Schools

Elementary : Glencoe N/A Ratings
Middle : Mt Tabor N/A Ratings
High : Franklin N/A Ratings

Map

Listing courtesy of NextHome Realty Connection.

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 © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jun 09, 2025 02:14 | Listing last modified Oct 24, 2024 15:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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