About This Home

This 6-bedroom, 3-bathroom residential multi family at 6332 NE 45TH Ave in Portland, OR is listed for $660,000 ($281 per sqft). Built in 1976, the home offers 2,352 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1976
  • 0.17 acre lot

Property Details

3 full
1976
Listing Description

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.

Monthly Cost Estimate

$3,530/mo

20% down · 6.5% · 30 years

Principal$477
Interest$2,860
Insurance$193

Estimates only. Actual payments may vary.

Location

6332 NE 45TH Ave

Portland, OR 97218

CULLY

Property Details

Heating

Baseboard

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 6332 NE 45TH Ave is listed at $660,000 ($281/sqft). The estimated monthly payment is $3,530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.17 acre lot.

This property is listed by Erika George.

EG

Erika George

Agent at Living Room Realty

Listed by Living Room Realty · Broker phone: (503) 719-5588 · View on Broker Site · Broker website

MLS# 228970624· Source: Regional Multiple Listing Services· 61 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6332 NE 45TH Ave, Portland, OR 97218

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