Shawn Realty 503-515-4499
2,352 sq ft
6332 NE 45TH AVE, Portland, OR 97218
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- Building Area
- 2,352 sq ft
- Price/Sq Ft
- $264/sq ft
- Year Built
- 1976
- County
- Multnomah
- Annual Tax
- $6,423 (2025)
- HOA
- None
- Days on Market
- 78 days
- Open House
- None scheduled
Monthly payment
$4,418 per month
- Principal & interest$3,754
- Property taxes$535
- HOA dues$0
- Home insurance$129
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($62,000) on $620,000; loan $558,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $535/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $129/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
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.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 2352 |
| Lot Size (acres) | 0.17 |
| Lot Size (sq ft) | 7405 |
| Year Built | 1976 |
| County | Multnomah |
| Subdivision | CULLY |
| Elementary School | Rigler |
| Middle School | Beaumont |
| High School | Leodis McDaniel |
| Heating | Baseboard |
| Cooling | None |
| Basement | Crawl Space |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Parking | Driveway, Paved |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $6,423 |
| Tax Year | 2025 |
| Original List Price | $660,000 |
| RMLS # | 228970624 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Erika George • Living Room Realty
Listing updated: Nov 4, 2026 at 5:28pm
Source: RMLS #228970624
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name 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 11/14/2026 07:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty