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$850,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 days ago
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Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.

Full Property Details for 2121 SE 50th Ave

General

  • Price: $850,000
  • Taxes: $10,452 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 157877053
  • Updated: 10/2/2026
  • Added to Site: 8 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Parking

  • Parking Features: Paved

Location

  • County: Multnomah
  • Driving Directions: SE Lincoln to SE 50th

School Information

  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Year Built: 1968

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $17,840
  • Tax Amount: $10,452.2
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: GILHAMS ADD & 2ND, BLOCK 5, LOT 2
  • Disclosures/Reports: Disclosure
  • Property ID: R168924

Listed by Move Real Estate Inc (503) 836-2010, Justine Syck (503) 680-4205

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Listing agent

— 2121 SE 50th Ave —

  • Justine Syck

    Move Real Estate Inc

    503-836-2010

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2121 SE 50th Ave

School District:Portland School District 1j
NameGradesDistance
Glencoe Elementary School
825 Southeast 51st Avenue, Portland, OR 97215
K-50.7 mi
Mt Tabor Middle School
5800 Southeast Ash Street, Portland, OR 97215
6-81 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2121 SE 50th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$850,000
924.1%
MLS
4/01/1992
Sold
$83,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2121 SE 50th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,452
4%
$387,910
3%
2024
$10,077
4%
$376,620
3%
2023
$9,690
4%
$365,660
6%
2021
$9,319
-2%
$344,670
-3%
2022
$9,480
2%
$355,010
6%
2021
$9,319
13%
$334,640
3%
2019
$8,235
3%
$324,900
3%
2018
$7,993
4%
$315,440
3%
2017
$7,661
9%
$306,260
3%
2016
$7,011
3%
$297,340
3%
2015
$6,826
2%
$288,680
3%
2014
$6,724
8%
$280,280
3%
2013
$6,205
—
$272,120
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Move Real Estate Inc (503) 836-2010, Justine Syck (503) 680-4205

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2121 SE 50th Ave, Portland, OR 97215 (MLS# 157877053) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2121 SE 50th Ave is currently listed for $850,000 and was received on October 01, 2026. Want to learn more about 2121 SE 50th Ave? Do you have questions about finding other Multi-Family real estate for sale in Southeast Uplift? You can browse all Southeast Uplift real estate or contact a Coldwell Banker agent to request more information.

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