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6 Beds
3 Baths
3,381 sqft

$674,900

201 SE 176TH PL, Portland OR, 97233

Price per sqft$199.62
Built in1977
Property size3,381 sqft
Property typeMulti-family
Listing Courtesy of MORE Realty, Jeff Stephens. 503-869-7303

Overview

Active

Listed Sep 17, 2026

Updated 12h ago

Turnkey triplex offering an exceptional opportunity to add a well-maintained, income-producing property to your rental portfolio—without the significant work or deferred maintenance often associated with multifamily investments. Each of the three spacious units lives more like a townhome than a traditional apartment, thanks to the appealing split-level design with the living room and kitchen upstairs and bedrooms and bathroom downstairs. The layout creates excellent separation between living and sleeping spaces while giving each unit a comfortable, house-like feel. Each unit also has its own private deck, garage, and additional off-street parking, while the large lot and quiet grassy backyard provide plenty of outdoor space. The property has been carefully maintained and updated, including newer exterior paint and updated flooring and carpet in many areas. All three units are occupied by clean, established tenants, providing immediate rental income and a smooth transition for the next owner. Unit 205 was previously an owner’s unit and features additional upgrades including a mini-split HVAC system with air conditioning, stainless steel appliances, a wonderfully remodeled bathroom and upgraded flooring. Large bay windows bring abundant natural light into the spacious living areas. Located on a nice block near Burnside Avenue and MAX light rail access, the property combines convenience with a quiet residential setting. With no significant work needed, strong existing tenancy, individual garages, spacious townhome-style floor plans, and potential for future rent increases, this is a rare opportunity to acquire a truly turnkey triplex that is ready to perform from day one.

$4,490/mo

Est. mortgage payment based on a $674,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
171257531

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$7,449
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listing Courtesy of MORE Realty, Jeff Stephens. 503-869-7303

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 Independent Broker Collective are marked with the RMLS logo, and detailed information about these properties includes the names 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 10/7/2026, 7:17 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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