$750000
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4 Bed
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3 Bath
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2601 SqFt
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1 DOM
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Built: 1948
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Status: Active
Love this home?
Charming income-producing triplex in desirable NE Portland — 5160 NE Columbia Blvd. Rare investment opportunity with solid cash flow and flexible IG2 zoning for future options. Property features three well-maintained units (mix of 3BR and studio layouts), updated kitchens, efficient appliances, in-unit storage, and on-site laundry. Separate meters for water and electricity where applicable, off-street parking for tenants, and a secure common entrance. Strong rental history, low vacancy, and professional property management in place — immediate income from day one. Prime location: minutes to Columbia Slough greenway, easy access to I-84 and I-205, close to shopping, restaurants, and public transit. IG2 zoning adds redevelopment potential or expanded commercial/industrial use subject to city approvals. Ideal for investors seeking stable returns with upside through minor value-add renovations or future entitlement. Contact for rent roll, income/expense statements, and to schedule a showing.
Listing Provided Courtesy of Nicholas Eckelman, LUXE Forbes Global Properties
General Information
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560773310
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SingleFamilyResidence
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1 DOM
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4
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0.28 acres
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3
-
2601
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1948
-
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Multnomah
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R314148
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Rigler
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Beaumont
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Leodis McDaniel
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Residential
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SingleFamilyResidence
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ZWAHLEN HOME SITES, BLOCK 1, LOT 6 TL 100
Listing Provided Courtesy of Nicholas Eckelman, LUXE Forbes Global Properties
PDXA1 Realty Group data last checked: Sep 30, 2025 00:57 | Listing last modified Sep 29, 2025 20:37,
Source:
Residence Information
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0
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1484
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1117
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2601
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RMLS
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1484
-
1/Gas
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4
-
3
-
0
-
3
-
Composition
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Detached
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Stories1
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Driveway,RVAccessPar
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2
-
1948
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No
-
-
T111Siding
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ExteriorEntry,SeparateLivingQuartersApartmentAuxLivingUnit
-
-
-
ExteriorEntry,Separa
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Slab
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DoublePaneWindows
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Features and Utilities
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FreeStandingRange, FreeStandingRefrigerator, Granite, Tile
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AccessoryDwellingUnit, HardwoodFloors, WoodFloors
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-
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CentralAir
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Electricity
-
ForcedAir
-
PublicSewer
-
Electricity
-
Electricity, Gas
Financial
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3447.96
-
0
-
-
0
-
-
Cash,Conventional
-
09-29-2025
-
5160
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No
-
No
Comparable Information
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-
1
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1
-
-
Cash,Conventional
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$750,000
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$750,000
-
-
Sep 29, 2025 20:37
Schools
Map
Listing courtesy of LUXE Forbes Global Properties.
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: Sep 30, 2025 00:57 | Listing last modified Sep 29, 2025 20:37.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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