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    Rainier, OR Triplexes for Sale

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    Longview, WA Kelso, WA Kalama, WA
    Unique Rainier Facility with River Views
    $449,000
    4,500 SF

    Unique Rainier Facility with River Views

    407 E 2ND St, Rainier, OR 97048

    Versatile 4,500 SF building on over half an acre.

    • 4,500 sq ft building on over 1/2 acre zoned R2, allowing for single‑family or multi‑family (up to 3 units) conversion.
    • Unique opportunity to convert a custom‑built former house of worship into a residence.
    • Enjoy views of the Columbia River, located just 4 blocks away.
    • Wrapped in wide‑plank, live‑edge cedar siding.
    • Vaulted ceiling in the sanctuary offers potential for a stunning living space.
    Updated: Mar 28
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rainier, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    North Portland Mixed-Use Triplex
    $699,999
    3,892 SF

    North Portland Mixed-Use Triplex

    Cash-flowing triplex with commercial flexibility in a prime location.

    7521 N GLOUCESTER Ave N, Portland, OR 97203
    View details
    Three-Unit Property on Large Lot
    $635,000
    1,700 SF

    Three-Unit Property on Large Lot

    Portland triplex with RV space on nearly an acre.

    1054 NE FALOMA Rd, Portland, OR 97211
    View details
    Vancouver Triplex with ADU
    $699,900
    2,672 SF

    Vancouver Triplex with ADU

    Triplex near uptown and downtown Vancouver with development potential.

    3014 DIVISION Ave, Vancouver, WA 98660
    View details
    Updated Triplex in Convenient Location
    $724,900
    2,238 SF

    Updated Triplex in Convenient Location

    Updated triplex with established rents near downtown Vancouver.

    2404 E 13TH St, Vancouver, WA 98661
    View details

    Rainier, OR Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Rainier, OR on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for three-family homes in Rainier, OR start at $449,000, averaging $449,000, and reaching up to $449,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Triplexes 1

    Demographics Overview

    Population 7,096
    Population Growth (5Y) -6.4%
    Median Household Income $74,453
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

    Identify Rainier submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    97048 $449K

    Taxes & Financing

    Tax Rate (average for all types) 1.61%
    Property Tax per SF $20.31 per sq ft
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

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