Unknown Subdivision
Property • Residential
Web ID # 560773310
$750,000.00
4 Beds • 3 Baths
Property Features
Regional Multiple Listing Service, Inc.
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.
205 N to Columbia BLVD E to 5160 NE Columbia
Dwelling Type: Residential
Subdivision: N/A
Year Built: 1948, County: US
205 N to Columbia BLVD E to 5160 NE Columbia
Listing is courtesy of LUXE Forbes Global Properties
