5 Duplexes for Sale in SE Portland Under $700K

Portland has a wide variety of investment properties that are a perfect fit for both seasoned and newbie investors, depending on your specific financial goals. Some are newer constructions while others are charming turn-of-the-century updates. You can find them all and more right here. We have the full map of all Portland homes for sale.

Whatever you’re looking for, if you keep your eye on this site, you’re sure to find something that aligns with your needs. We found 5 duplexes for sale in SE Portland under $700K that we think will pique your interest, whether you’re a veteran investor, a first-time investor, or are looking for owner-occupied rental property.

To find these homes, we selected “Multi-Family.” Then, we selected “Multi-Family Unit Count” from the “Filter” tab on the right to narrow our search to duplexes.

If this is your first foray into being a landlord, be sure you know Oregon rental law. To learn more, read our article, “Portland Rental Law: What Landlords Should Know.”

Check out these properties, and see what you think!

#1 – 10825 SE Mitchell St

Here’s your opportunity to own two homes on one lot! Each has its own address making renting one or both easy. Both homes have been updated inside and out. The main house is 1,037 sq. ft. with 2 beds and 1 good-sized bathroom, as well as an open kitchen/dining area with a huge laundry room that leads to the backyard. The second home is 707 sq. ft. with 2 beds and 1 bath, an eat-at bar, laundry room, and a dining area that leads out to the yard. Both homes have beautifully updated kitchens, new flooring throughout, and more! The back yard is fully fenced.

#2 – 3457 SE 8th Ave

This one is an easy rental with a vacant unit in the back fenced yard, thanks, in part, to its close-in Brooklyn neighborhood location! Both are one-level units with areas for gardening. Both also have hardwood floors, cute kitchens, and washer/dryers in the units. Driveway parking and off-street parking are available. Brand new $22,000 roofs by ABC roofing and brand new electrical panels have been installed. Low radon results!

#3 – 3032 SE 92nd Ave

Each of these side-by-side units has a fireplace and AC, along with sliders to the back yard. This property is tenant-occupied, and there is no lockbox. Tenants pay all utilities, and the owner pays trash. Offers should be made subject to interior inspection.

#4 – 5622 SE Oak St

This legal duplex in the great North Tabor neighborhood, close to shopping, restaurants, and the middle school is perfect for owner-occupant with extended family, or for office space or rental income. Each has a separate entry. The main level unit has 1 bedroom, a bonus room, and a large remodeled kitchen with a walk-in pantry, washer/dryer, granite counters, and an island. The upstairs unit has 2 bedrooms, a small living room, and the original kitchen and china cabinet. The backyard is fenced with a deck. There’s plenty of parking for four vehicles in the driveway and lots of storage room in the basement!

#5 – 6875 SE 45th Ave

This beautiful, newer construction duplex is ideal for an owner-occupied situation with rental to supplement the mortgage or rent both in the highly bikable Brentwood-Darlington neighborhood! Inside, you’ll find an open-concept floor plan, high-end designer finishes, and quality construction with pleasing hard-surface flooring, and large windows for a light and airy feel. The custom kitchens have shaker cabinets, slab counters, stainless steel appliances, and gorgeous tile work. Other highlights include modern fixtures and hardware, recessed lighting, and a fenced back yard. This one will rent easily with a Bike Score of 98 and a Walk Score of 91!

Looking for Your Next Investment?

If you’re ready to buy an investment property, get in touch with us at 503-773-0000 or chat with the bot on this site. We have 18 years of experience helping buyers find homes in the Portland metro area, and we’re sure we can help you. Our top 1% buyers team is happy to show you these duplexes or any others that interest you!