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$950,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 hours ago
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Perfect opportunity to own an income-producing triplex in the heart of SE Portland. Also, this has the ability to build a large scale multi-family condo or apartment building due to its large lot size, and stellar location. Zoned R2 is a developers dream. This multi-unit property offers investors the potential to generate rental income.The three-unit configuration provides flexibility for investors seeking to build or expand their rental portfolio, with the potential for multiple income streams from a single property. The property's SE Portland location offers convenient access to neighborhood amenities, shopping, dining, parks, public transportation, and major commuter routes.Whether you're an experienced investor looking to add to your portfolio or exploring your first multifamily investment, 3907 SE Salmon St presents an opportunity to own a residential income property in one of Portland's established and desirable areas.

Full Property Details for 3907 SE Salmon St

General

  • Price: $950,000
  • Taxes: $10,149 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 617602181
  • Updated: 8/27/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Trash Collection

Parking

  • Total Spaces: 4
  • Parking Features: Assigned

Location

  • County: Multnomah
  • Driving Directions: 39th E on Salmon property on left

School Information

  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Wall Furnace
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 2,420
  • Year Built: 1978
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $32,410
  • Tax Amount: $10,149.61
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUNNYSIDE ADD, BLOCK 12, LOT 1&2 TL 10600
  • Disclosures/Reports: Disclosure
  • Property ID: R281227

Listed by Engel & Volkers Portland Rose City (971) 407-8729, Samuel Real (323) 533-1277 and Engel & Volkers Portland Rose City (971) 407-8729, Nicholas Eckelman (971) 275-0237

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Listing agents

— 3907 SE Salmon St —

  • Samuel Real

    Engel & Volkers Portland Rose City

    971-407-8729

  • Nicholas Eckelman

    Engel & Volkers Portland Rose City

    971-407-8729

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 3907 SE Salmon St

School District:Portland School District 1j
NameGradesDistance
Sunnyside Environmental School
3421 Southeast Salmon Street, Portland, OR 97214
K-80.3 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-121.1 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 3907 SE Salmon St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2026
Listed
$950,000
97.92%
MLS
5/27/2008
Sold
$480,000
—
Public Record
Get Price Alerts and Save Property
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 3907 SE Salmon St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,150
4%
$376,680
3%
2024
$9,785
4%
$365,710
3%
2023
$9,409
4%
$355,060
6%
2021
$9,049
-2%
$334,680
-3%
2022
$9,205
2%
$344,720
6%
2021
$9,049
13%
$324,940
3%
2019
$7,996
3%
$315,480
3%
2018
$7,761
4%
$306,300
3%
2017
$7,438
9%
$297,380
3%
2016
$6,807
3%
$288,720
3%
2015
$6,629
2%
$280,320
3%
2014
$6,529
2%
$272,160
3%
2013
$6,377
—
$264,240
—
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 Engel & Volkers Portland Rose City (971) 407-8729, Samuel Real (323) 533-1277 and Engel & Volkers Portland Rose City (971) 407-8729, Nicholas Eckelman (971) 275-0237

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3907 SE Salmon St, Portland, OR 97214 (MLS# 617602181) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 3907 SE Salmon St is currently listed for $950,000 and was received on August 27, 2026. Want to learn more about 3907 SE Salmon St? 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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