5160 NE COLUMBIA BLVD Open House Save Request In-Person Tour Request Virtual Tour
Portland,OR 97218
OPEN HOUSE
Sun Oct 26, 10:00am - 12:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,601 sqft
Price per Sqft $288
MLS Listing ID 560773310
Style Stories1
Bedrooms 4
Full Baths 3
Year Built 1948
Annual Tax Amount $3,447
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OR
County Multnomah
Area _142
Rooms
Basement Exterior Entry, Separate Living Quarters Apartment Aux Living Unit
Interior
Interior Features Accessory Dwelling Unit, Hardwood Floors, Wood Floors
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Appliance Free Standing Range, Free Standing Refrigerator, Granite, Tile
Exterior
Parking Features Detached
View City
Roof Type Composition
Garage Yes
Building
Lot Description Cleared, Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Rigler
Middle Schools Beaumont
High Schools Leodis Mcdaniel
Others
Senior Community No
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional