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Updated Craftsman Triplex
For Sale
$650,000
Pending

3315 NE 68TH AVE, Portland, OR 97213

Legal three-unit configuration includes flexible upper-level layout and off-street parking.

Days on Market19

Property Features for 3315 NE 68TH AVE

General Information

Standard status Pending
Property subtype MULTI_FAMILY

Building Details

Year Built 1915
Construction Craftsman
Tenancy Multi
Listing Agency: Think Real Estate
Listed By: Breylan Deal-Eriksen
Source: Eleeterealestate
Added: Jul 16 Changed: Jul 31 Last Checked: Aug 2 at 11:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Think Real Estate

Investment Insights

Based on property information with market context.

This stately Craftsman, built in 1915, is configured as a legal triplex with a flexible upper-level layout that can combine the two upper units into one residence. The main-floor unit includes a formal living room and dining room, spacious kitchen, den, bedroom, hall bath with clawfoot tub, and front porch. The upper unit has a private exterior staircase, foyer, living room, two bedrooms, and updated kitchenette. The lower-level unit offers plank flooring, an open-concept kitchen and living area, and one bedroom.

Recent updates include refinished hardwood floors, new carpet, and fresh interior paint throughout. The property also features natural light, an oversized rear parking pad, patio area, off-street parking, and outdoor space for gardening and entertaining. It is located near Portland’s Roseway Business District and nearby businesses including Mom & Pop Wine Shop, Pizzaria Otto, Burrito Azteca, and ReRun.

Key Highlights

  • Legal triplex configuration with the option to combine the two upper units
  • Main‑floor residence includes formal living and dining rooms, den, spacious kitchen, and clawfoot tub
  • Upper unit features a private exterior staircase, two bedrooms, and updated kitchenette

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit configuration includes flexible upper-level layout and off-street parking.
Where is this triplex located?
The property is located at 3315 NE 68TH AVE Portland, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Legal triplex configuration with the option to combine the two upper units; Main‑floor residence includes formal living and dining rooms, den, spacious kitchen, and clawfoot tub; Upper unit features a private exterior staircase, two bedrooms, and updated kitchenette
More about this property
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