Property Photo: 5103 NE 42nd Ave OR 97218

Listing Courtesy of:

RMLS / Real Broker - Contact: Heidi@HeidiTorkko.com

5103 NE 42nd Ave Portland, OR 97218

Active (4 Days)

$870,000 ^(USD)

BED

BATH

2,603

SQFT

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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.

MLS #:
407658043

Taxes
$6,515

Type
Multifamily

Year Built
1946

County
Multnomah County

Listed By

Heidi Torkko, Real Broker, Contact: Heidi@HeidiTorkko.com

Source
RMLS
Last checked Oct 25 2025 at 5:28 PM GMT+0000

Bathroom Details

Full Bathrooms: 3

Lot Information

Level

Heating and Cooling

Baseboard
Forced Air

Exterior Features

Vinyl Siding
Roof: Composition

Utility Information

Sewer: Public Sewer
Fuel: Gas, Electricity

School Information

Elementary School: Vernon
Middle School: Vernon
High School: Leodis McDaniel

Parking

Carport
On Street

Stories

Additional Information: Real Broker | Heidi@HeidiTorkko.com

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (10/25/25 10:28). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.