2121 SE 50th Ave, Portland
$850,000
Save
- Price per sqft
- $245.95
- Built in
- 1968
- Property size
- 3,456 sqft
- Property type
- Residential
- Days on market
- 0
Overview
Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.
Details
Interior
- Interior features
- Washer / Dryer
- Appliances
- Dishwasher, Free Standing Refrigerator
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Baseboard
Exterior and lot
- Architectural style
- Two Stories
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- Parking Pad
- Total parking
- 0
Schools
- High school
- Franklin
- Middle school
- Mt Tabor
- Elementary school
- Glencoe
Location
- City
- Portland
- County
- Multnomah
- Zoning
- R1
Taxes and dues
- Annual taxes
- $10,452 (2025)
Location
2121 SE 50th Ave, Portland, OR 97215
Monthly payment estimate
$5,395 /mo
- Principal and interest
- $4,524
- Property tax (2025)
- $871
- Total
- $5,395
Estimate only, and not an offer of credit. Assumes 20% down ($170,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
