$870,000

5103 Ne 42ND Ave, Portland, OR 97218

6 beds |
3 baths |
2,603 sqft

Condominium
Built in 1946
—— sqft lot
6 car garage
$334/sqft
Listed 17 days ago

Property Description

Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Do not walk property or disturb tenants.

Listing Status:: Active
Date Added:: October 21, 2025 at 05:00AM
Listing Office:: Real Broker : 855-450-0442
Listing Agent:: Heidi Torkko : 503-351-9716
MLS ID:: 113398354

General: Laminate flooringVinyl floorWallto wall carpet
Appliances: DishwasherFree standing rangeFree standing refrigerator
Heating: BaseboardForced air
Disability Feature: Minimal stepsOne levelUtility room on main

General: Vinyl sidingYard
Style: Other
Parking: CarportOn streetParking spaces: 6

Roofing: Composition
Windows: AluminumFramesVinylFrames

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: RM2HILTONBLOCK 5LOT 1&2 EXC PT IN STR181102

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Heidi Torkko, Real Broker

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Vernon Elementary School

2044 NE Killingsworth St, Portland, OR, 97211

Grades KG-8

1.14 miles away

Vernon Elementary School

2044 NE Killingsworth St, Portland, OR, 97211

Grades KG-8

1.14 miles away

Grant High School

2245 NE 36th Ave, Portland, OR, 97212

Grades 9-12

1.46 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.