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5707 SE Division SE St, Portland, OR 97206

$2,150,000
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Property Description

An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!

5707 SE Division SE St | MLS# 761305996

This multi-family property located at 5707 SE Division SE St, Portland, OR 97206 is currently listed for sale with an asking price of $2,150,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: FullBasement, StorageSpace, Unfinished
Basement: Yes
Fuel Type: Gas
Heating: Baseboard
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $15,164
Year Built: 1957
Square Feet: 6,280

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 3
Features: Fireplace, HardwoodFloors, Range, Refrigerator
Rent: $2035.00
Square Footage: 1200
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: HardwoodFloors, Range, Refrigerator, WindowCoverings
Rent: $1300.00
Square Footage: 850
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: HardwoodFloors, Range, Refrigerator, WindowCoverings
Rent: $1530.00
Square Footage: 850
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: HardwoodFloors, Range, Refrigerator, WindowCoverings
Rent: $1685.00
Square Footage: 850
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: HardwoodFloors, Range, Refrigerator, WindowCoverings
Rent: $1385.00
Square Footage: 850
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: HardwoodFloors, Range, Refrigerator, WindowCoverings
Rent: $1745.00
Square Footage: 850
Total Units: 1

Feature Descriptions

Exterior: Wood Siding
Gross Income: $114327.00 (Actual)
Hot Water: Gas
Lot: Commons, Corner Lot, Level
Net Income: $71820.00 (Actual)
Operating Expenses: $42507.00 (Actual)
Parking: Assigned, Driveway
Parking Notes: Assigned, Driveway
Sewer: Public Sewer
Special View Info: Seasonal, Territorial
Storage: Basement
Units: 6
Water: Public Water

Local Schools

High School: Franklin
Middle School: Mt Tabor
Elementary School: Glencoe

Listed By / Shown By

Listed By

Agency Name: Performance Properties Inc
Agency Phone: 503-635-0099

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 12,762.32 per month $10,871.57 Principal & Interest $1,263.67 Property Tax $627.08 Homeowner's Insurance

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