2448 Se 117th Ave, Portland, OR

$1,475,000

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5,899

Square feet

0.27

Acres

About 2448 Se 117th Ave

Turn-Key Multifamily Investment in Mill Park. A true opportunity to own a well-maintained, income-generating property in the desirable Mill Park neighborhood. Situated on a single tax lot, this offering includes a six-unit apartment building and a separate single-family home (blt 1938) providing both stability and versatility in one investment. The standalone home features three spacious bedrooms, two full bathrooms, and a partial basement. Each unit in the adjacent apartment building is a generously sized one-bedroom, thoughtfully designed with private decks, in-unit washer/dryers, and dedicated storage space, ensuring strong tenant appeal and retention. Located within close proximity to public transportation, schools, parks, restaurants, bakeries, and a Grocery Outlet, this property combines urban convenience with residential comfort. With low maintenance requirements, historically low turnover, and immediate cash flow, this is a truly turn-key investment in a high-demand rental market.

Features of 2448 Se 117th Ave

MLS® # 535479438
Price $1,475,000
Bathrooms 0.00
Square Footage 5,899
Acres 0.27
Year Built 2004
Type Multi Family
Status Active

Community Information

Address 2448 Se 117th Ave
Area 143 - Portland Southeast
Subdivision MILL PARK
City Portland
County Multnomah
State OR
Zip Code 97216

Amenities

Parking Spaces 7
Parking Off Street, Paved
Is Waterfront No
Has Pool No

Interior

Heating Wall Heater
Cooling None
Fireplace No
# of Stories 3
Basement Crawl Space

Exterior

Exterior Cement Siding
Lot Description Level
Roof Composition
Foundation Concrete Perimeter

School Information

Elementary Mill Park
Middle Floyd Light
High David Douglas

Additional Information

Date Listed October 2nd, 2025
Days on Market 10
Zoning RM2
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLiving Room Realty

Listing Map

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