5826 SE 103RD AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97266
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. The included neighboring lot expands the property's potential—whether for future development, and added outdoor amenities. 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
Rooms
Basement Exterior Entry, Full Basement, Storage Space
Interior
Heating Floor Furnace, Forced Air
Exterior
View Territorial, Trees Woods
Roof Type Composition,Shingle
Garage No
Building
Lot Description Flood Zone, Level, Public Road
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Lent
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan