Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income.The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property’s SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes.Whether you're an experienced investor looking to add to your portfolio or exploring your first multifamily investment, 3907 SE Salmon St presents an opportunity to own a residential income property in one of Portland's established and desirable areas.
Active
Price cut: $100K (9/22)
$850,000
3907 SE Salmon St, Portland, OR 97214
6beds
2,420sqft
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$351/sqft
$-- HOA
What's special
Multi-unit propertyIncome-producing triplexLarge lot size
- 45 days
- 298
- 18
Zillow last checked:
Listing updated:
Listed by:
Samuel Real 323-533-1277,
Engel & Volkers Portland Rose City,
Nicholas Eckelman 971-275-0237,
Engel & Volkers Portland Rose City
Source: RMLS (OR),MLS#: 617602181
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Wall Furnace
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,420
- Total interior livable area: 2,420 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned
Features
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 8,712 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R281227
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar, Shake Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $351/sqft
- Annual tax amount: $10,149
- Date on market: 8/27/2026
- Listing terms: Cash,Conventional
- Total actual rent: 5688
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $850,000-10.5%$351/sqft |
Source: | ||
| 8/28/2026 | Listed for sale | $950,000$393/sqft |
Source: | ||
| 10/9/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/5/2021 | Price change | $1,650-2.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/21/2021 | Listed for rent | $1,695$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sunnyside
Nearby schools
Schools provided by the listing agent
- Elementary: Sunnyside Env
- Middle: Sunnyside Env
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






