5826 SE 103RD AVE Active

Portland,OR 97266

$ 575000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Lents

MLS Listing ID 528845755

Year Built 1925

Annual Tax Amount $7,106

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Three-Unit Investment totaling 6 beds, 3 baths, and 3,640 SqFt: A rare, income-generating opportunity: this property includes a classic duplex, a detached ADU, and is being sold along with the adjacent lot (MLS: 24148834); offering .24 acres together and excellent flexibility for investors, developers, or multi-generational living. With three rentable units, each with private entrances and access to shared outdoor space, the layout supports strong rental performance. The main home includes two units (A/B) and both have significant plumbing upgrades, including all new pex plumbing and a new water main from the meter. UNIT A features a spacious covered front porch, a generous living/dining area, a functional kitchen, and two bedrooms with shared bath access. A covered deck leads to a fully fenced backyard, creating a sense of privacy and space. UNIT B offers an upper-level retreat with vaulted ceilings, an open floorplan, and expansive windows for natural light and a balcony with territorial views. A recently updated gas furnace adds to its efficiency and comfort. UNIT C (ADU) is a 792 SqFt, well-designed two-bedroom unit with a private fenced patio and a smart floor plan. Recent system updates - including a newer roof, water main, gas wall furnace and 2023 electrical panel - boost peace of mind and reduce overhead. A shared basement includes separate laundry hookups and large storage rooms for each unit, along with new (2024) water heaters for units A/B. With multiple revenue streams and built-in flexibility, this is a practical, value-driven investment with room to grow.

Location

State OR

County Multnomah

Area _143

Zoning R7

Interior

Heating Floor Furnace, Forced Air

Exterior

View Territorial, Trees Woods

Roof Type Composition,Shingle

Building

Lot Description Flood Zone, Level, Public Road

Story 3

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Lent

Middle Schools Kellogg

High Schools Franklin

Others

Acceptable Financing Cash,Conventional,FHA,VALoan

Listing Terms Cash,Conventional,FHA,VALoan

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