4934 NE 32ND PL

Portland, OR 97211

The property is perfect for multigenerational lifetyles or use as multi-family owner occupant buyers. Fantastic tri-plex opportunity with exceptional income potential and townhome living in a coveted rental neighborhood! Situated in the Concordia/Alberta Arts neighborhood on a lot zoned RM1, this outstanding property is walking distance to coffee, shops, cafe's, mass transportation, New Season's, parks, and all the goings on in the bustling Alberta Arts district. Each of the beautiful townhouse style units features 2 bedrooms and 1.1 bathrooms, laminate and slate floors, and generous room sizes. The living room has slider access to your own private backyard. The kitchen features stainless steel appliances, electric ranges, built-in dishwashers and built-in microwaves. Half baths on the main levels. Bedrooms are upstairs and have wall to wall carpets and share a full bath with a tub/shower combination. Stackable washer and dryers are located in each unit. Utilities are all separate, including water/sewer, electricity. Parking in back for 3 cars through the alley. A brand new fence on the north side and exterior paint create a gorgeous lifestyle. Proforma attached.

Listing courtesy of Jeff Capen of Windermere Realty Trust (503) 888-5191



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Realty Trust 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. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-08-14 09:32 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified