$599900
6 Bed
3 Bath
3503 SqFt
1 DOM
Built: 1947
Status: Active
Whether you're looking to subdivide and build, maintain as an income-producing property, or create the perfect multi-generational living compound, this property offers endless possibilities in a prime location. Fantastic tri-plex with exceptional flexibility and income potential! Situated in the Centennial neighborhood on a rare, dividable 0.48-acre lot zoned RM1, this property offers a unique blend of current cash flow and future development possibilities. Each of the three units features 2 bedrooms and 1 bathroom, with updates completed to varying degrees. Units are equipped with central air conditioning, in-unit washers and dryers, electric or gas ranges, and free-standing refrigerators for tenant convenience. Unit 505 showcases wood flooring, black appliances, a cozy fireplace with brick surround, and a stackable washer and dryer. Unit 511 offers distinctive Spanish tile in the kitchen, stainless steel appliances, gas cooking, a carpeted living room with a woodstove, a full-size washer and dryer, and a relaxing soaking tub. Unit 513, located on the lower level, features laminate wood flooring, white appliances, a built-in microwave, and a soaking tub. Residents enjoy access to shared outdoor spaces complete with a covered back patio, raised garden beds, and an inviting outdoor fireplace. The expansive, level backyard provides ample room for gardening, recreation, or future expansion. Additional highlights include two rentable garages for added income and driveway parking for at least six vehicles.
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
708957593
SingleFamilyResidence
1 DOM
6
0.48 acres
3
3503
1947
RM1
Multnomah
R255684
Parklane
Oliver
Centennial
Residential
SingleFamilyResidence
RITLOW AC, BLOCK B, W 140' OF E 165' LOT 2 EXC N 70' & EXC S 382'
Listing Provided Courtesy of Jeff Capen, Windermere Realty Trust
PDXA1 Realty Group data last checked: Apr 02, 2026 08:40 | Listing last modified Apr 01, 2026 11:09,
Source:
0
2244
1259
3503
PDX Maps
2244
2/Gas
6
3
0
3
Composition
2, Detached
Stories2,CustomStyle
Driveway,OnStreet
2
1947
No
Brick
Fireplace
Dishwasher, FreeStandingGasRange, FreeStandingRange, FreeStandingRefrigerator, Microwave, StainlessSteelA
AccessoryDwellingUnit, LaminateFlooring, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, SoakingT
CoveredPatio, Garden, OutdoorFireplace, RaisedBeds, Yard
AccessibleApproachwithRamp, AccessibleEntrance, GroundLevel, OneLevel, UtilityRoomOnMain
CentralAir
Gas
ForcedAir
PublicSewer
Gas
Gas
9789.34
0
Cash,Conventional
04-01-2026
1595
No
No
1
1
Cash,Conventional
$599,900
$599,900
Apr 01, 2026 11:09
Listing courtesy of Windermere Realty Trust.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Apr 02, 2026 08:40 | Listing last modified Apr 01, 2026 11:09.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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