Fantastic tri-plex opportunity with exceptional income potential and townhome living in a coveted rental neighborhood! Situated in the Concordia/Alberta Arts neighborhood on a lot zoned RM1, this outstanding property is walking distance to coffee, shops, cafe's, mass transportation, New Season's, parks, and all the goings on in the bustling Alberta Arts district. Each of the beautiful townhouse style units features 2 bedrooms and 1.1 bathrooms, laminate and slate floors, and generous room sizes. The living room has slider access to your own private backyard. The kitchen features stainless steel appliances, electric ranges, built-in dishwashers and built-in microwaves. Half baths on the main levels. Bedrooms are upstairs and have wall to wall carpets and share a full bath with a tub/shower combination. Stackable washer and dryers are located in each unit. Utilities are all separate, including water/sewer, electricity. Parking in back for 3 cars through the alley. A brand new fence on the north side and exterior paint create a gorgeous lifestyle. The property is also perfect for multigenerational lifetyles and for owner occupant buyers. Proforma attached.
Active
Price cut: $25K (9/19)
$924,900
4934 NE 32nd Pl, Portland, OR 97211
6beds
3,348sqft
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$276/sqft
$-- HOA
What's special
Electric rangesTownhouse style unitsPrivate backyardExterior paintGenerous room sizesLaminate and slate floorsBuilt-in dishwashers
- 63 days
- 183
- 17
Zillow last checked:
Listing updated:
Listed by:
Jeff Capen 503-888-5191,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 324568237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- Partial bathrooms: 3
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open, Paved
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R657552
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal Siding, Other
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Concordia / Alberta
Location
- Region: Portland
Financial & listing details
- Price per square foot: $276/sqft
- Annual tax amount: $13,064
- Date on market: 8/6/2026
- Listing terms: Cash,Conventional
- Total actual rent: 2095
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $924,900-2.6%$276/sqft |
Source: | ||
| 8/6/2026 | Listed for sale | $949,900+96.1%$284/sqft |
Source: | ||
| 9/14/2012 | Sold | $484,500$145/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Concordia
Nearby schools
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Vernon
- High: Jefferson,Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








