*** NEW ROOF *** Calling all investors! TRIPLEX in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave. Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Zoning potential for multifamily, retail and office. Do not walk property or disturb tenants. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244209]
Listing Provided Courtesy of Heidi Torkko, Real Broker
General Information
167439931
Attached
28
DOM
6
3
2603
1946
RM2
Multnomah
R181102
Vernon
Vernon
Grant
Residential
Attached
HILTON, BLOCK 5, LOT 1&2 EXC PT IN ST
Listing Provided Courtesy of Heidi Torkko, Real Broker
Krishna Realty data last checked: Feb 21, 2026 23:19 | Listing last modified Feb 21, 2026 00:12,
Source:
*** NEW ROOF *** Calling all investors! TRIPLEX in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave. Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Zoning potential for multifamily, retail and office. Do not walk property or disturb tenants. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244209]
