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. Do not walk property or disturb tenants.
Listing Provided Courtesy of Heidi Torkko, Real Broker
General Information
407658043
70
DOM
6
3
2603
1946
RM2
Multnomah
R181102
Vernon
Vernon
Grant
MultiFamily
HILTON, BLOCK 5, LOT 1&2 EXC PT IN ST
Listing Provided Courtesy of Heidi Torkko, Real Broker
Krishna Realty data last checked: Jan 01, 2026 23:37 | Listing last modified Dec 30, 2025 09:39,
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Residence Information
2603
6
3
Composition
Carport,OnStreet
1
1946
No
VinylSiding
Features and Utilities
Electricity, Gas
Baseboard, ForcedAir
PublicSewer
Electricity, Gas
Electricity, Gas
Financial
6758.34
Sewer,TrashCollection,Water
Cash,Conventional
10-21-2025
No
No
Comparable Information
70
72
Cash,Conventional
$870,000
$870,000
Dec 30, 2025 09:39
Schools
Elementary : VernonN/ARatings Middle : Vernon N/ARatings High : GrantN/ARatings
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. Do not walk property or disturb tenants.
