Occupied 11-Unit Specialty
646 SE 60th Ave, Portland, OR 97215
For Sale
$900,000
Fully occupied property combining a triplex with single-room occupancy units in Portland’s Mount Tabor area.
Property Size5,474 SF
Price / SF$164.41
Days on Market104
Property Features for 646 SE 60th Ave
General Information
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Size
Property subtype
Occupancy
Site & Location
Neighborhood
Building Details
Year Built
Tenancy
Listing Agency:
NextHome Realty Connection
Listed By:
Steve Roesch
(503) 318-6351
Source:
Christiesrealestateevg
Added: Aug 3
Changed: Nov 12
Last Checked: Oct 7 at 5:46PM
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 NextHome Realty Connection
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Investment Insights
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This specialty property combines a triplex with 8 single-room occupancy units, creating 11 total rentable spaces. Built in 1926, the asset is fully occupied and income-producing, with an established rent roll and current rental operations in place. The diversified configuration supports a mix of traditional apartment and SRO accommodations within one property.
Located in Portland’s Mount Tabor area, the property is near Mount Tabor Park, public transit, restaurants, services, and major Portland corridors. Downtown Portland and employment centers are also described as minutes away, providing access to urban amenities and commuter routes. The property qualifies for conventional financing, and the seller is a licensed broker in Oregon. Tenant contact is restricted, and financials are available by request.
Located in Portland’s Mount Tabor area, the property is near Mount Tabor Park, public transit, restaurants, services, and major Portland corridors. Downtown Portland and employment centers are also described as minutes away, providing access to urban amenities and commuter routes. The property qualifies for conventional financing, and the seller is a licensed broker in Oregon. Tenant contact is restricted, and financials are available by request.
Key Highlights
- 11 total rentable spaces, including a triplex and 8 SRO units
- Fully occupied with established rental operations
- Income‑producing asset with a diversified unit mix
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
754
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Demographics for 97215, OR
18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Fully occupied property combining a triplex with single-room occupancy units in Portland’s Mount Tabor area.
Where is this specialty property located?
The property is located at 646 SE 60th Ave Portland, OR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 11 total rentable spaces, including a triplex and 8 SRO units; Fully occupied with established rental operations; Income‑producing asset with a diversified unit mix
