George Hofer - Coldwell Banker Walla Walla Logo
$850,000
 $4,563 est/mo Sourced by Back At You

2121 SE 50th Ave,Portland, OR 97215

Portland, OR 97215

Share:

PreviousNext

Description

Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.

Details

MLS #229798916
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1968
Days On Site21
Listing Provided ByMove Real Estate Inc | Justine Syck

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,456
Story(s)2
ZoningR1

Interior

HeatingBaseboard
Heating YnYes
CoolingNone
Cooling YnNo
Interior FeaturesWasher Dryer
AppliancesDishwasher, Free Standing Refrigerator

Exterior

RoofComposition

Parking

Attached Garage YnNo
Parking FeaturesParking Pad

Taxes

Property10452

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97215
School DistrictFranklin
Elementary SchoolGlencoe
High SchoolFranklin
Listing VS Median (in 97215)
Price:
$850,000
low | high
Med:
$682,000
69.764705882353% of Average
sqft:
3,456
low | high
Med:
2,374
81.30787037037% of Average
$ / sqft:
$246
low | high
Med:
$399
12.425628583464% of Average
On site:
21
low | high
Med:
85.5
24.561403508772% of Average
Sourced by Back At You

Market Activity 97215

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Walla Walla at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
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 Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Contact

Learn More About This Property

George Hofer

George Hofer

Coldwell Banker Walla Walla

 (509) 520-4156ghofer@wallawallacb.com
StateOR
CountyMultnomah
CityPortland
Zip Code97215
School DistrictFranklin
Elementary SchoolGlencoe
High SchoolFranklin
Listing VS Median (in 97215)
Price:
$850,000
low | high
Med:
$682,000
69.764705882353% of Average
sqft:
3,456
low | high
Med:
2,374
81.30787037037% of Average
$ / sqft:
$246
low | high
Med:
$399
12.425628583464% of Average
On site:
21
low | high
Med:
85.5
24.561403508772% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $637K - $1.062M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
2245 SE 47TH AVE Property Photo 1
$895,000
2245 Se 47th Ave
Portland, OR 97215
2421 SE 48TH AVE Property Photo 1
$799,000
2421 Se 48th Ave
Portland, OR 97206
Listing Updated: October 10, 2026 at 6:57:41 AM PDT