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906 NE 24TH AVE

Portland, OR 97232

$765,000

Rare opportunity to own a classic 1917 triplex in Portland’s desirable Kerns neighborhood! Situated on a prominent corner lot, this close-in property offers a versatile unit mix consisting of a studio, 1-bedroom/1-bath, and spacious 3-bedroom/1-bath residence—an excellent setup for an owner-occupant looking to offset housing costs or an investor seeking… Read MoreRead Less

Listing courtesy of Change Realty, LLC.

Listing Snapshot

Days Online

Last Updated

Oct 4, 2026

Square Ft.

2,300

Lot Size

0.12 Acres

Year Built

1917

MLS Number

320125259

30 Days Snapshot Of 97232

$655k

-12%

(avg) sold price

+33%

homes sold

-62%

(avg) days on market

Snapshot

Area Map

Additional Details

Taxes

Tax Year: 2025, Annual Amount: $4,920, Legal Description

Property Access

Road Surface Type: Paved

Basement

Basement: FullBasement, Unfinished

Building

Building Area Total: 2300, Built in 1917, Storage: Basement, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense: $10,157

Exterior Features

Exterior Description: ShakeSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: ForcedAir

Income

CAP Rate: 6.3, Gross Income: $58,320, Gross Rent Multiplier: 13.12, Net Operating Income: $48,163

Lot

Features: CornerLot, Size Acres: 0.12, Size Dimensions: 50 X 100, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases

Parking

Features: OnStreet

Property

Number Of Units Total: 3, Property Condition: Existing, Zoning: EXD

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Unit One

Actual Rent: $2,650, Area: 1250, Features: Deck, Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 3 total bedroom

Unit Two

Actual Rent: $1,310, Area: 650, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $900, Area: 400, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom

Utilities

Fuel Description: Gas, Hot Water Description: Gas, 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 Living Room Realty 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 Oct 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 Oct 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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906 NE 24TH AVE

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