Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Do not walk property or disturb tenants.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3.0
- Partial Bathrooms: 0
- Full Bathrooms: 3
- Bathrooms On Main Level: 3.0
- Full Bathrooms On Main Level: 3
- Bathrooms On Lower Level: 0.0
- Bathrooms On Upper Level: 0.0
Interior Features
- LaminateFlooring
- VinylFloor
- WalltoWallCarpet
- Window Features: AluminumFrames, VinylFrames
Appliances
- Dishwasher
- FreeStandingRange
- FreeStandingRefrigerator
Heating and Cooling
- Heating Features: Baseboard, ForcedAir
- Heating: Yes
Exterior and Lot Features
- Yard
- Road Surface Type: Paved
Land Info
- Lot Description: Level
- Lot Size Dimensions: 100 x 100
Garage and Parking
- Garage Spaces: 6
- Parking Features: Carport, Oversized
- Parking Total: 6
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Vernon
- High School: Grant
- Middle School: Vernon
Other Property Info
- Annual Tax Amount: 6758
- Source Listing Status: Active
- County: Multnomah
- Directions: 84 - N on NE 33rd Ave, R on NE Freemont St, L on 42nd Ave, property on left.
- Tax Year: 2025
- Source Property Type: Residential
- Area: _142
- Property Subtype: townhouse
- Source Neighborhood: _142
- Parcel Number: R181102
- Zoning: RM2
- Property Subtype: Attached
Building and Construction
- Total Square Feet Living: 2603
- Year Built: 1946
- Building Area Total: 2603
- Building Exterior Type: VinylSiding
- Property Age: 79
- Property Condition: UpdatedRemodeled
- Roof: Composition
- Levels or Stories: 1
Accessibility Features
- Accessibility Features: MinimalSteps, OneLevel, UtilityRoomOnMain
- Disabled Access: Yes
Utilities
- Sewer: PublicSewer
- Water Source: PublicWater
