5814 N MISSISSIPPI AVE

Portland, OR 97217

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Multifamily

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$700,000

Start your investment portfolio in one of the beloved neighborhoods with income already working for you on day one! This 1905 bungalow triplex in the heart of the Mississippi Ave. corridor is a compelling rental or owner-occupied home. Rented ground floor Unit 1 is 1 bed/1 bath and upper Unit… Read MoreRead Less

Listing courtesy of Paris Group Realty LLC.

Listing Snapshot

Days Online

Last Updated

Apr 4, 2026

Lot Size

0.12 Acres

Year Built

1905

MLS Number

748260085

30 Days Snapshot Of 97217

$530k

+8%

(avg) sold price

+25%

homes sold

-11%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: PartiallyFinished

Building

Built in 1905, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Community

Community Features: Laundry

Expenses

Operating Expense: $9,473

Exterior Features

Exterior Description: WoodComposite

Heating

Heating: WallFurnace

Income

CAP Rate: 4.28, Gross Income: $20,455, Gross Rent Multiplier: 34.22, Net Operating Income: $29,928

Lot

Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: Leases

Parking

Features: None

Property

Number Of Units Total: 3, Zoning: R1

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $3,284, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,143, Area: 452, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Area: 778, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Three

Actual Rent: $1,444, Area: 838, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Apr 4, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Apr 4, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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5814 N MISSISSIPPI AVE

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