USAORPortlandNorth Tabor312 Ne 61St Ave
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312 Ne 61St Ave, Portland, OR

House

For Sale

Listed price in listed location currency (USD).
$1,165,000

003

MLS® 127184610

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $10,722
Days Active 20
Lot Size 
Approx. Age 1952
MLS® Number 127184610

Property Address: 312 Ne 61st Ave, Portland, OR, 97213-3981

Average square foot calculated using Size range provided by listing agent.

Description

Located in Portland’s sought-after North Tabor neighborhood, this solid mid-century triplex offers a compelling blend of character, stability, and long-term upside. Built in 1952, the property features a well-balanced unit mix of one 3 bed / 1 bath unit, one 3 bed / 2 bath unit, and one 1 bed / 1 bath unit, all currently rented and providing immediate income.The two larger units showcase original hardwood floors, coved ceilings, fireplaces, and well-maintained interiors, with select updates that complement the home’s vintage charm. The 1 bed / 1 bath unit is fully permitted and includes a sprinkler system, enhancing both safety and peace of mind. The property also offers three off-street parking spaces and two attached garages. The roof was replaced in 2023, reducing near-term capital expenses. Shared outdoor spaces include an inviting deck and terraced backyard, creating a natural setting for entertaining with sweeping city views.This well-connected, central Portland location offers easy access to some of NE Portland’s most established neighborhoods. Enjoy close proximity to Laurelhurst, Mt. Tabor, and PDX, along with convenient access to downtown, major commuter routes, transit, and nearby hospitals including Providence and Legacy Emanuel. It’s a neighborhood that consistently attracts long-term tenants thanks to its balance of walkability, green space, and everyday convenience.At a 5% cap rate, this property offers steady cash flow from day one. A strong investment opportunity in one of NE Portland’s most desirable areas, with stable in-place income and long-term appreciation potential.
MLS® Number127184610
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1952
BasementFinished
DrivewayGarage, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$1,165,000List Price
  • Commute

Commute

Starting Address
Destination Address
312 Ne 61St Ave, Portland, OR

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