2220 SE SALMON ST

Portland, OR 97214

$649,900

Investment property perfection! Three meticulously maintained units in one charming package - all in your dream location, with excellent tenants in place and the top unit vacant for immediate owner occupancy. The vacant unit has two bedrooms, one bathroom, a spacious kitchen and living room and more charming features than… Read MoreRead Less

Listing courtesy of Think Real Estate, 503-847-2722.

Listing Snapshot

Days Online

Last Updated

Sep 29, 2025

Square Ft.

2,976

Lot Size

0.14 Acres

Year Built

1907

MLS Number

496230896

30 Days Snapshot Of 97214

$649k

-16%

(avg) sold price

+10%

homes sold

-4%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total: 2976, Built in 1907, Stories: 4, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Cooling

Cooling: WindowUnit

Expenses

Operating Expense: $15,066

Exterior Features

Exterior Description: WoodSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: Baseboard, ForcedAir, WallHeater

Income

CAP Rate: 5.95, Gross Income: $53,748, Gross Rent Multiplier: 12.09, Net Operating Income: $38,682

Lot

Features: Level, Size Acres: 0.14, Size Dimensions: 50x124.6, Size Range: SqFt5000to6999, Size Square Feet: 6,098, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases

Parking

Features: Driveway, OffStreet

Property

Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R5

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $7,746, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $1,870, Area: 1153, Features: Deck, Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,714, Area: 909, Features: Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Three

Area: 429, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom

Utilities

Fuel Description: Electricity, Gas, 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 Curtis Irving Realty Group are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

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

This content last updated on Sep 29, 2025. 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 Sep 29, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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2220 SE SALMON ST

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