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Garden-Style Triplex with Garages
For Sale
$600,000
Pending

4110 NE 42ND AVE, Portland, OR 97218

Three townhome-style residences offer private outdoor areas, in-unit laundry, complete appliances, and dedicated parking.

Property Size4,371 SF
Lot Size0.17 Acres
Days on Market8

Property Features for 4110 NE 42ND AVE

General Information

Standard status Pending
Size 4,371 SF
Total Parking Spaces 6
Lot size 0.17 Acres
Property subtype MULTI_FAMILY
Zoning R5
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 3 x 2BR/2BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,068

Amenities

in-unit laundry
dishwasher
full appliance packages
private patio/balcony

Building Details

Building Size 4,371 SF
Year Built 1973
Buildings 1
Construction garden-style
Listing Agency: ELEETE Real Estate
Listed By: Lee Davies · License #851200114
Source: Eleeterealestate
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 21 at 12:00PM

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 ELEETE Real Estate

Investment Insights

Based on property information with market context.

Built in 1973, this garden-style triplex contains three 2-bed/2-bath residences averaging approximately 1,457 SF each. The units feature in-home laundry, dishwashers, full appliance packages, and private patios or balconies. The property sits on a 7,500 SF corner lot with level topography and maintained landscaping.

Parking includes six spaces: three attached garages and three paved surface stalls. The asset is fully leased, professionally managed, and zoned R5 for legal, conforming multifamily use. Located at 4110 NE 42ND AVE in Portland’s Central Northeast submarket, the property offers proximity to I-84, TriMet, retail, and employment areas.

Key Highlights

  • Three 2‑bed/2‑bath units averaging approximately 1,457 SF each
  • Fully leased and professionally managed
  • Six on‑site parking spaces: three attached garages and three paved surface stalls

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Electrical Service Building Supply Accounting Firm

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

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

Demographics for 97218, OR

14,748
Population
6,440
Households
2.3
Avg Household Size
38
Median Age
51%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
2,201
Density / Sq Mi
$81,367
Median Household Income
$45,830
Median Earnings
$1,440
Median Rent
$493,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three townhome-style residences offer private outdoor areas, in-unit laundry, complete appliances, and dedicated parking.
Where is this triplex located?
The property is located at 4110 NE 42ND AVE Portland, OR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three 2‑bed/2‑bath units averaging approximately 1,457 SF each; Fully leased and professionally managed; Six on‑site parking spaces: three attached garages and three paved surface stalls
More about this property
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