1250 SE 46th Ave - 1250 SE 46th Ave 3 Unit Apartment Building Offered at $1,005,283 CAD at a 5.06% Cap Rate Portland, OR 97215

Fantastic investment or owner occupant opportunity in the great close-in SE Portland neighborhood of Sunnyside, just 2 blocks from Hawthorne Blvd. This charming triplex features hardwood floors, a fireplace in unit 1260, three well-designed 1-bedroom, 1-bath units, offering an ideal setup for investors, owner-occupants, or anyone looking to grow their real estate portfolio. Residents will appreciate the convenience of on-site laundry, dedicated basement storage for each unit, and tuck under garages for added parking and flexibility. With a desirable location, practical amenities, and excellent income potential, this property checks all the boxes for smart multifamily living. Whether you’re looking to live in one unit and rent the others or add a versatile income-producing property to your portfolio, this Portland triplex is an opportunity you won’t want to miss! Buyers who like to add value to properties might consider putting an ADU or Tiny Home in the backyard or finishing out the basement or garages as living space.