15
$250,000
3 bd · 4 ba · 1,526 sqft
2619 SE 109th Av, Portland, OR
Est. $7,702/moGet pre-qualified$225/sqft · 242 days on Realty
—
Beds
—
Baths
5,225
Sqft
1975
Built
Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.44 and an NOI of $9,137 per door. Priced competitively at $1,175,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
Listing agent
Doug Landers
Courtesy of John L. Scott Portland Central
(503) 936-3905
Regional Multiple Listing Service (RMLS) · Listing 212865825
$235,000
Estimated monthly payment
$7,702/mo
Loan amount $940,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
School ratings (A+ to F) from HJN community data.
Marysville Elementary School
KG-5 · Regular · Portland School District 1j
318 students · 14.3:1 student–teacher
Portland Youthbuilders
10-12 · Alternative/Other
75 students · 25.0:1 student–teacher
Woodmere Elementary School
KG-5 · Regular · Portland School District 1j
241 students · 12.2:1 student–teacher
Lent Elementary School
KG-5 · Regular · Portland School District 1j
256 students · 13.5:1 student–teacher
Kelly Elementary School
EE-5 · Regular · Portland School District 1j
385 students · 15.0:1 student–teacher
Arleta Elementary School
KG-5 · Regular · Portland School District 1j
252 students · 15.4:1 student–teacher
Whitman Elementary School
EE-5 · Regular · Portland School District 1j
198 students · 12.3:1 student–teacher
Mt Scott Park Center for Learning
9-12 · Alternative/Other
131 students · 11.3:1 student–teacher
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Portland camera map1 license-plate reader mapped within ½ mile of this home, identified as a Flock Safety device. Nearest: 0.5 mi south.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| License-plate readers | 1 | 3 |
| of which Flock Safety | 1 | 2 |
| CCTV cameras | 0 | 2 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
License-plate readers (ALPR) are fixed cameras that photograph passing vehicles and read their plates. Records are typically shared with the agency or association that operates the camera.
Flock Safety is a company whose plate-reader cameras are used by police departments, cities, HOAs and businesses. Its devices are usually solar-powered and pole-mounted.
CCTV cameras are fixed video cameras that record a street, building or other area.
Regional Multiple Listing Service (RMLS)Willamette Valley MLSThis content last refreshed on 2026-10-12 23:29:51 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
15$250,000
3 bd · 4 ba · 1,526 sqft
2619 SE 109th Av, Portland, OR
15$250,000
3 bd · 4 ba · 1,526 sqft
2619 SE 109th Ave, Portland, OR
Dalton Ostrye · Property Group NW
28$385,000
3 bd · 1 ba · 1,086 sqft
6541 SE 93rd Ave, Portland, OR
Jennifer Lillie · Premiere Property Group, LLC
40$319,000
2 bd · 1 ba · 588 sqft
5916 SE 85th Ave, Portland, OR
LeeAnn Mohler · Opt
39$499,000
4 bd · 3 ba · 2,417 sqft
7466 SE 112th Ave, Portland, OR
McKenzie Utti · Premiere Property Group LLC
Price Reduced18$360,000
2 bd · 2 ba · 918 sqft
4043 SE 116th Ave, Portland, OR
Rick Sadle · Keller Williams Realty Professionals
Within 2 miles of this home: 40+ restaurants and cafés, 17 grocery stores, 40+ parks and green spaces, and 28+ transit stops.
Place data from OpenStreetMap.
Taqueria El Capullo
Mexican restaurant · SE Foster Road
JC Rice Noodle Shop & Restaurant
Chinese restaurant · SE Foster Road
Pulse and Protein
K Town Korean BBQ
Korean restaurant · SE 82nd Avenue
Pho Vietnam Restaurant
Vietnamese restaurant · SE 82nd Avenue
Sushi Sushi
SE 82nd Avenue
El Bello
Mexican restaurant · SE 82nd Avenue
Birrieria PDX 82nd
Mexican restaurant
Hing Ming Market & Restaurant
SF Supermarket
Asian restaurant · SE 82nd Avenue
Hong Phat Supercenter
SE 82nd Avenue
ABC Produce
SE Powell Boulevard
WinCo Foods
SE Powell Boulevard
Bread & Roses Market
SE Foster Road
Grocery Outlet
SE Flavel Street
Fubonn Supermarket
Asian restaurant
Lents Community Garden
Lents Park
Mill Lents Park
Glenwood Park
Mt. Scott Playground
Mount Scott Park
Arleta Triangle
SE Woodstock Boulevard
Bloomington Park
Southeast Foster & 86th
Southeast Ellis & 86th
Southeast Ellis & Foster
Southeast Ellis & 86th Court
Southeast Foster & 88th
Southeast 82nd & Foster
Southeast 82nd & Ramona
Southeast Foster & 82nd