- ADDRESS:
- 5160 NE COLUMBIA BLVD Portland, OR 97218
- VIDEOS:
- Print this Listing
- Price:
- $750,000
- Beds:
- 4
- Baths:
- 3.0
- Ft²:
- 2601
- Acres:
- 0.28
- MLS#:
- 560773310
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Detachd
- County:
- Multnomah
- Style:
- 2 Stories
- Yr Built:
- 1948
- Status:
- Active
- Levels:
- 2
- Garage:
- Detached
- Heat:
- Forced Air
- Roof:
- Composition
- View:
- City
- Elem:
- Rigler
- Middle:
- Beaumont
- High:
- Leodis McDaniel
- Lot Desc:
- Cleared, Level
- Area:
- Portland Northeast
- Courtesy of:
- LUXE Forbes Global Properties
- Remarks:
- 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.