5 Duplexes for Sale in SE Portland for Under $800K

Considering buying a duplex as an investment opportunity? Maybe occupying one half or renting both? Either way, we have the full list of Portland multi-family properties for sale to get you moving in the right direction. Using our expertly developed and programmed site to search for and recognize particular features of all listings in our local MLS, we took a look at SE Portland and found 5 duplexes—both newer and older—for sale for under $800K. That means less than $400,000 a home in SE Portland. Not bad, right?

Before we get to them, why not check out our latest article on renting out Portland homes, what landlords should know in 2021 to stay on top of how the Portland real estate market has changed in the past year.

#1 – 3503 SE 153rd Ave

This professionally managed, single-level duplex sits at the base of Powell Butte and Powell Butte Nature Park just off HWY 26. Recently remodeled, both well-maintained units have private patios and individual garages. The long-term tenants know they may need to move but would like to stay, so this property is an excellent turn-key investment opportunity with excellent cash flow and ROI.

#2 – 8106 SE Knight St

This well-maintained duplex with upper and lower units has a convenient location just off 82nd, near plentiful shopping and mass transit. Each unit has 3 bedrooms and 2 full baths, as well as a full garage and washer/dryer hookups. The upper unit got a new furnace in 2016 and new carpet in 2015, and the lower unit’s carpet was replaced in 2016. The roof was replaced in 2015.

#3 – 8020 SE Ramona St

Vacant and ready to be occupied, this beautiful duplex sits on 2 lots near tons of amenities: a fitness center, skating rink, shopping, restaurants, and Mt. Scott Park. Each unit has a gas fireplace and granite countertops in both the kitchen and bath with new windows and kitchen appliances installed in August, 2021. The lower unit has hardwood floors, and the upper unit has new carpeting. Both units have rented for just $1695. Rent one and live in one, or rent them both. This one is a great investment opportunity!

#4 – 10356 SE Long St

This fantastic duplex boasts a unique surrounding iron fence and gate, beautiful landscaping, and a paved stone walkway. Each unit has 3 bedrooms, hardwood floors, and granite counter tops throughout. The modern kitchen has tile flooring and new stainless steel gas appliances. The dining room door opens to a covered patio. Another great investment or owner occupant situation. One unit is already rented out to a long-term tenant.

#5 – 3931 / 3935 SE Boise St

This gorgeous Mid-century duplex is an ideal owner occupant find. Each unit is spacious and lives like a house with walk-in closets, a full garage/storage with new doors and full unfinished basement. The entire structure was recently updated with new windows, a new roof, hardwood flooring, crown molding, and new kitchen and bath flooring throughout. The kitchens have new cabinets, dishwashers, and subway tile backsplashes. This desirable property is zoned RM-1, so there’s potential for a separate ADU (verify with the city) in the huge yard space.

Looking for a Rental or Owner-Occupied Property?

Get in touch with our team of top 1% sellers and top 1% buyers agents! We’re happy to show you these properties and more. Tell us your vision, and we’ll help you find just what you’re looking for.

Written by Stephen FitzMaurice
Published on November 2, 2021