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Triplex with Rental ADU
For Sale
$769,900

3710 SE 49TH Ave, Portland, OR 97206

MultiFamily, Portland, OR

Property SizeContact for details
Days on Market130

Property Features for 3710 SE 49TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3
Elementary school Creston
Middle school Hosford
High school Franklin
Directions Powell Blvd to 49th Ave, south to property
Subdivision _143
Standard status Active
APN R226838

Taxes and HOA fees

Tax Description NORTH IVANHOE, BLOCK 1, LOT 13 & 14 EXC E 40', N 1/2 OF LOT 15 EX
Tax Annual Amount 10951
Legal Description NORTH IVANHOE, BLOCK 1, LOT 13 & 14 EXC E 40', N 1/2 OF LOT 15 EX

Utilities

Heating system Forced Air
Cooling system Heat Pump

Amenities

raised garden beds
storage shed

Building Details

Year built 1962
Number of units 3
Roof type Composition
Listing Agency: Tim Shannon Realty, Inc.
Listed By: Tim Shannon · License #890800048
Added: Apr 17 Changed: Aug 19 Last Checked: Aug 24 at 6:06PM
MLS# 241277620

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This R5-zoned triplex was built in 1962 and includes seven bedrooms and four bathrooms. The property has a composition roof, forced-air heating, and heat-pump cooling. An additional ADU was completed in 2018, while both the ADU and basement are currently rented. Exterior features include raised garden beds, a storage shed, and ample parking.

The property is located at 3710 SE 49th Ave in Portland’s Creston-Kenilworth neighborhood, less than a block from Creston Park. The area has a Walk Score of 82 and offers transit access, with stores, restaurants, and pubs nearby. Zoning is R5.

Key Highlights

  • Triplex with an additional ADU completed in 2018
  • Seven bedrooms and four bathrooms
  • Basement and ADU currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Nail Salon

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

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
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 - Seven-bedroom residential income property with a 2018-completed ADU, basement space, and current rental activity.
Where is this triplex located?
The property is located at 3710 SE 49TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: Triplex with an additional ADU completed in 2018; Seven bedrooms and four bathrooms; Basement and ADU currently rented
More about this property
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