2121 SE 50TH AVE, Portland, OR 97215

Property Description

Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.