Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.
Active
$660,000
6332 NE 45th Ave, Portland, OR 97218
6beds
2,352sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$281/sqft
$-- HOA
What's special
Private back patioFour off-street parking spaces
- 23 hours
- 53
- 2
Zillow last checked:
Listing updated:
Listed by:
Erika George 503-349-5449,
Living Room Realty,
Amy Fawcett 503-333-2697,
Living Room Realty
Source: RMLS (OR),MLS#: 228970624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,352
- Total interior livable area: 2,352 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Paved
- Has uncovered spaces: Yes
Lot
- Size: 7,405 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R284214
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Cully
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $281/sqft
- Annual tax amount: $6,422
- Date on market: 8/28/2026
- Listing terms: Cash,Conventional
- Total actual rent: 3800
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $660,000+73.2%$281/sqft |
Source:  RMLS (OR) #228970624 Report a problem | ||
| 11/3/2015 | Sold | $381,000-4.5%$162/sqft |
Source: RMLS (OR) #15489919 Report a problem | ||
| 10/7/2015 | Pending sale | $399,000$170/sqft |
Source: Fox Realty Group #15489919 Report a problem | ||
| 10/1/2015 | Listed for sale | $399,000$170/sqft |
Source: Fox Realty Group #15489919 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Cully
Nearby schools
Schools provided by the listing agent
- Elementary: Rigler
- Middle: Beaumont
- High: 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.
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