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Listing provided courtesy of Check Point Realty- MLS# 575351309MLS Provider

350 NE 61ST AVEPortland, OR 97213

Multi-Family
$1,195,000 Active

350 NE 61ST AVE Overview

Time on Site:
31 days
Visits:
1

One of a kind income property in bustling central eastside location! 3 buildings for a total of 6 units. Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. Recent maintenance includes sewer line scope, rain drain flushed, new sewer cleanout install. 350 bldg has been pre-inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Lot line adjustment and partition application is open with city of Portland. This property offers many possibilities and so much potential!

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350 NE 61ST AVE Facts & Features

  • Type Multi-Family

Details

General

School Information

  • Elementary School: Vestal
  • Middle Or Junior School: Harrison Park
  • High School: Franklin

Income/Expenses

  • Gross Income: 103500.0
  • Gross Scheduled Income: 109710.0
  • Net Operating Income: 59275.0
  • Operating Expense: 44225.0

Building Information

  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast

Rent/Lease Information

  • Rent Includes: Sewer,Water

Tax Information

  • Tax Annual Amount: 15210.92

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: R230696
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: RM2

Interior

General Information

  • Basement: Full Basement
  • Heating: Forced Air
  • Security Features: Sidewalk

Exterior

Parking Information

  • Parking Features: Garage,Paved

Lot Information

  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

350 NE 61ST AVE Neighborhood

Community

97213 (PORTLAND) Demographics

41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

350 NE 61ST AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

350 NE 61ST AVE Market Data

Based on the last 30 days in this zip code

$490,975
Average List Price
$304
Average Price per Square Foot
32
Properties Sold
83
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

350 NE 61ST AVE History

Date Event Value Agent
5/29/2026Source: Regional MLS Added to Database
May 29, 2026