646 SE 60th Ave, Portland, OR 97215
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
646 SE 60th Ave,Portland, OR 97215
$900,000
- - Beds
- - Baths
- 5,474 sq. ft.
- Multi-family
- Pending
Listed by: steve roesch
Office: nexthome realty connection971-212-9487
MLS#:364335533
Source:PORTLAND
Price summary
- Price:$900,000
- Price per sq. ft.:$164.41
About this home
Fully occupied and income-producing, this Mount Tabor-area triplex plus 8 SRO units offers the kind of cash-flow opportunity investors look for in a high-demand Portland location. With 11 total rentable spaces, 100% occupancy, and steady rental income already in place, this property is positioned as a strong portfolio addition for buyers seeking immediate income, tenant stability, and long-term upside. The property qualifies for conventional financing while producing income more in line with a small commercial multifamily asset, creating a rare blend of financing flexibility and commercial-style returns. Located in a busy, high-visibility area near Mount Tabor Park, transit, restaurants, services, and major Portland corridors, the property benefits from strong rental demand and everyday urban convenience. Just minutes from downtown Portland, this location offers access to employment centers, neighborhood amenities, and commuter routes that help support continued occupancy. Investors will appreciate the diversified unit mix, established rent roll, and the ability to acquire a fully occupied asset without taking on a lease-up project. With current cash flow, a central Portland location, and income performance comparable to a larger multifamily investment, this is a compelling opportunity for buyers looking to expand their rental portfolio. Seller is a licensed broker in Oregon. Please do not disturb tenants. Call for financials....
Contact an agent
Home facts
- Year built:1926
- Subdivision & Development:MT TABOR
- Listing ID #:364335533
- Added:59 day(s) ago
- Updated:September 25, 2026 at 09:05 AM
Rooms and interior
- Basement Description:Full Basement
- Living area:5,474 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1926
- Building area:5,474 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Franklin
- Middle school:Mt Tabor
- Elementary school:Glencoe
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$164.41
- Tax amount:$13,499 (2025)
Parking
- Parking description:On street
New listings near 646 SE 60th Ave
- New
$850,000Active5 beds 4 baths2,952 sq. ft.7379 NW 170th Ave, Portland, OR 97229
MLS# 226048814Listed by: MORE REALTY
$1,474,950Active-- beds -- baths5,148 sq. ft.2106 SE Main St, Portland, OR 97214
MLS# 190894084Listed by: JOHN L. SCOTT PORTLAND CENTRAL
$624,950Active3 beds 2 baths2,482 sq. ft.4600 NE 80th Ave, Portland, OR 97218
MLS# 616809586Listed by: JOHN L. SCOTT PORTLAND CENTRAL
$925,000Active4 beds 3 baths2,505 sq. ft.6115 SE Franklin St, Portland, OR 97206
MLS# 757068496Listed by: INVESTORS TRUST REALTY- Open Sun, 12:30 to 2:30pmNew
$599,000Active3 beds 2 baths1,607 sq. ft.4605 NW Owyhee Ct, Portland, OR 97229
MLS# 103017851Listed by: URBAN PROPERTIES GROUP LLC - Open Sat, 11am to 2pmNew
$399,000Active3 beds 2 baths1,324 sq. ft.7413 N Mississippi Ave, Portland, OR 97217
MLS# 139304310Listed by: KELLER WILLIAMS PDX CENTRAL - Open Sat, 2 to 4pmNew
$1,285,000Active5 beds 4 baths3,355 sq. ft.4562 NW Harris Ter, Portland, OR 97229
MLS# 584713114Listed by: OREGON FIRST - Open Sat, 11am to 2pmNew
$775,000Active4 beds 2 baths3,298 sq. ft.922 SE 66th Pl, Portland, OR 97215
MLS# 794039707Listed by: ALAMEDA REALTY LLC - New
$575,000Active3 beds 2 baths1,180 sq. ft.10946 SW 65th Ave, Portland, OR 97219
MLS# 182798763Listed by: LIVING ROOM REALTY - Open Sat, 11am to 1pmNew
$525,000Active2 beds 2 baths1,121 sq. ft.2530 SE 26th Ave #407, Portland, OR 97202
MLS# 672128533Listed by: URBAN NEST REALTY