2421 SE 52ND AVE

Portland, OR 97206

Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252449]

Listing courtesy of Brian Spear of Opt (503) 515-9374



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Last checked 2026-11-09 12:20 PM PST.

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