Leave a Message

By providing your contact information to Eleete Real Estate, your personal information will be processed in accordance with Eleete Real Estate's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Eleete Real Estate at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties

Property Description

harming SE Portland duplex-style fourplex on an oversized 0.44-acre lot, just off Division in the heart of one of the city's most desirable close-in neighborhoods. Two side-by-side garden-style duplex buildings each offer spacious 2-bed/1-bath townhome-feel units (approx. 1,125 sq. ft.) with in-unit laundry, dishwasher, and full appliance package, plus a rare mix of 6 attached garages and 6 off-street parking spaces - a huge draw for both tenants and future owner-occupants.Property is fully leased with long-term residents and a clean rent roll, producing steady income from both apartments and garage rentals, with 2026 year-to-date financials showing consistent cash flow and professionally managed operations. RM2 zoning and the large 18,971 sq. ft. site provide long-term flexibility for hold-as-is investors, small-scale value-add strategies, or future redevelopment.For investors, this is a turnkey asset in the Southeast Portland submarket, supported by strong employment, above-average household incomes, and robust multifamily fundamentals. For owner-occupants, it's a rare opportunity to live in one updated 2-bed unit with private garage and outdoor space while the other three homes help offset your mortgage - all within easy reach of Division/Hawthorne shops, Safeway, Eastport Plaza, Providence Portland Medical Center, and TriMet bus service just steps away.

Overview

Property Status
For Sale
Lot Size
0.44 Acres
MLS ID
473503293
Property Type
Multi-Family
Year Built
1977

Features & Amenities

Total Area
4,500 Sq.Ft.
Neighborhood
Portland
View Description
Territorial
Stories
2
Water Source
Public Water
Roof
Shingle
Lot Features
Level
Parking
Attached, Paved
Heat Type
Baseboard
Air Conditioning
None
Sewer
Public Sewer
Substructure
Slab
Security Features
None
Elementary School
Glencoe
Middle School
Mt Tabor
High School
Franklin
Sales Price
$940,000
Real Estate Tax
$29,891/yr
Zoning
RM2

Downloads

2350 SE 42nd ST

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

By providing your contact information to Eleete Real Estate, your personal information will be processed in accordance with Eleete Real Estate's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Eleete Real Estate at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

Thank you

for your interest in 2350 SE 42nd ST, Portland, OR 97215

2350 SE 42nd ST
Navigate
Portland

Explore Portland

read more

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

I'm Interested In

2350 SE 42nd ST

or
  • CallLee Davies

    License #851200114

    (503) 997-1118
  • Properties

    • 2337 SE 48TH AVE For Sale

      $1,150,000

      2337 SE 48TH AVE, Portland, OR 97215

      • 2 Beds
      • 1 Bath
      • 5,760 Sq.Ft.
    • 3127 SW CHAMPLAIN DR For Sale

      $1,150,000

      3127 SW CHAMPLAIN DR, Portland, OR 97205

      • 5 Beds
      • 4 Baths
      • 3,794 Sq.Ft.
    • 3319 NW SPENCER ST For Sale

      $1,024,000

      3319 NW SPENCER ST, Portland, OR 97229

      • 5 Beds
      • 4 Baths
      • 4,220 Sq.Ft.
    • 9223 NW FINZER CT Pending

      $995,000

      9223 NW FINZER CT, Portland, OR 97229

      • 4 Beds
      • 4 Baths
      • 3,698 Sq.Ft.
    • 3128 SW CASCADE DR Pending

      $850,000

      3128 SW CASCADE DR, Portland, OR 97205

      • 2 Beds
      • 2 Baths
      • 1,615 Sq.Ft.
    • 3020 NE GLISAN ST For Sale

      $760,000

      3020 NE GLISAN ST, Portland, OR 97232

      • 1 Bed
      • 2 Baths
      • 4,326 Sq.Ft.
    • 8175 SW LAURELWOOD CT For Sale

      $699,000

      8175 SW LAURELWOOD CT, Portland, OR 97225

      • 4 Beds
      • 3 Baths
      • 2,498 Sq.Ft.
    • 11541 SW WOODLEE HEIGHTS CT SW For Sale

      $694,900

      11541 SW WOODLEE HEIGHTS CT SW, Portland, OR 97219

      • 4 Beds
      • 3 Baths
      • 2,073 Sq.Ft.
    • 15388 SE HAWTHORNE MEADOWS ST For Sale

      $685,000

      15388 SE HAWTHORNE MEADOWS ST, Portland, OR 97236

      • 4 Beds
      • 3 Baths
      • 2,914 Sq.Ft.
    • 7822 NE EVERETT ST For Sale

      $660,000

      7822 NE EVERETT ST, Portland, OR 97213

      • 5 Beds
      • 3 Baths
      • 3,817 Sq.Ft.
    • 14410 NE SACRAMENTO ST For Sale

      $649,000

      14410 NE SACRAMENTO ST, Portland, OR 97230

      • 4 Beds
      • 3 Baths
      • 2,758 Sq.Ft.
    • 7015 NE GLISAN ST For Sale

      $610,000

      7015 NE GLISAN ST, Portland, OR 97213

      • 2 Beds
      • 1 Bath
      • 3,416 Sq.Ft.
    • 2907 SE MALCOLM ST Pending

      $599,000

      2907 SE MALCOLM ST, Milwaukie, OR 97222

      • 3 Beds
      • 3 Baths
      • 3,220 Sq.Ft.
    • 5406 SW TAYLORS FERRY RD For Sale

      $599,000

      5406 SW TAYLORS FERRY RD, Portland, OR 97219

      • 3 Beds
      • 3 Baths
      • 2,276 Sq.Ft.
    • 600 SE MARION ST 403 For Sale

      $599,000

      600 SE MARION ST 403, Portland, OR 97202

      • 2 Beds
      • 2 Baths
      • 1,427 Sq.Ft.
    • 2533 NW STIMPSON LN For Sale

      $595,000

      2533 NW STIMPSON LN, Portland, OR 97229

      • 4 Beds
      • 3 Baths
      • 1,990 Sq.Ft.
    • 629 SW TRILLIUM CREEK TER For Sale

      $519,900

      629 SW TRILLIUM CREEK TER, Portland, OR 97225

      • 3 Beds
      • 3 Baths
      • 1,925 Sq.Ft.
    • 7216 SE 16TH AVE Pending

      $505,900

      7216 SE 16TH AVE, Portland, OR 97202

      • 2 Beds
      • 1 Bath
      • 1,304 Sq.Ft.
    • 245 SE 108TH AVE Pending

      $499,999

      245 SE 108TH AVE, Portland, OR 97216

      • 3 Beds
      • 2 Baths
      • 2,206 Sq.Ft.
    • 621 NE 75TH AVE For Sale

      $450,000

      621 NE 75TH AVE, Portland, OR 97213

      • 2 Beds
      • 1 Bath
      • 2,590 Sq.Ft.
    • 2522 NE MULTNOMAH ST For Sale

      $400,000

      2522 NE MULTNOMAH ST, Portland, OR 97232

      • 6 Beds
      • 4 Baths
      • 2,596 Sq.Ft.
    • NE MARINE DR For Sale

      $324,000

      NE MARINE DR, Portland, OR 97230

    • 300 NW 8TH AVE 604 For Sale

      $299,000

      300 NW 8TH AVE 604, Portland, OR 97209

      • 1 Bed
      • 1 Bath
      • 827 Sq.Ft.
    • 118 NW KING AVE 21 For Sale

      $239,500

      118 NW KING AVE 21, Portland, OR 97210

      • 1 Bed
      • 1 Bath
      • 795 Sq.Ft.
    • 7734 SW BARNES RD A For Sale

      $235,000

      7734 SW BARNES RD A, Portland, OR 97225

      • 1 Bed
      • 1 Bath
      • 572 Sq.Ft.
    • 6728 NE HANCOCK ST For Sale

      $215,900

      6728 NE HANCOCK ST, Portland, OR 97213

      • 1 Bed
      • 1 Bath
      • 707 Sq.Ft.
    • 7538 SW BARNES RD H For Sale

      $188,900

      7538 SW BARNES RD H, Portland, OR 97225

      • 1 Bed
      • 1 Bath
      • 572 Sq.Ft.
    • 10222 SE SCHILLER ST For Sale

      $69,000

      10222 SE SCHILLER ST, Portland, OR 97266

    View All Properties

    Follow Us On Instagram