2421 Se 52ND Ave, Portland, OR 97206

• 4,854 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 2, 2026

Data Last Updated:

October 20, 2026 at 1:41PM

Listing Office:

Opt : 503-908-4908

Listing Agent:

Brian Spear : 503-515-9374

MLS ID:

386619075

Interior

• Basement: Full basement
• Heating: Wall heater

Exterior

• General: Board batten sidingLap sidingWood siding
• Parking: On street

Construction

• Roofing: CompositionShingle
• General: Concrete perimeter

Location

• Road/Access: Paved
• Golf: Laundry
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM1PECKS ADDBLOCK 1LOT 5R241344

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.