5707 SE DIVISION ST SE Portland, OR 97206
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Price:
$2,150,000
Units:
6
Acres:
0.28
Unit 1:
3 Bed 1.0 Bath $2,035/mo
Features: Fireplace, Hardwood Floors, Range, Refrigerator
Unit 2:
2 Bed 1.0 Bath $1,300/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 3:
2 Bed 1.0 Bath $1,530/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 4:
2 Bed 1.0 Bath $1,685/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 5:
2 Bed 1.0 Bath $1,385/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
Unit 6:
2 Bed 1.0 Bath $1,745/mo
Features: Hardwood Floors, Range, Refrigerator, Window Coverings
MLS#:
761305996
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
RM 1
Yr Built:
1957
Taxe/yr:
$15,163.51
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Baseboard
Nhood/Bldg:
MOUNT TABOR
View:
Seasonal, Territorial
Elem:
Glencoe
Middle:
Mt Tabor
High:
Franklin
Lot Desc:
Commons, Corner Lot, Level
Area:
Portland Southeast
Courtesy of:
Performance Properties Inc
Remarks:
An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!
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