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Alexander King, Broker
(541) 921-5849
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5405 SE Lafayette St, Portland, OR 97206

$839,999

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Property Description

Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you the option to move in and let the other tenants help pay your mortgage, or set your own rent.

5405 SE Lafayette St | MLS# 439731831

This multi-family property located at 5405 SE Lafayette St, Portland, OR 97206 is currently listed for sale with an asking price of $839,999. Search Portland real estate on alexanderking.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: Baseboard, Radiant, Wall Furnace
Lot Size: 2x50x100
Roof Type: Shingle
Stories: 2.0
Taxes: $8,647
Year Built: 1970
Square Feet: 3,300

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Range, Refrigerator
Rent: $1225.00
Square Footage: 800
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Range, Refrigerator
Rent: $1450.00
Square Footage: 800
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Range, Refrigerator
Rent: $1350.00
Square Footage: 800
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Range, Refrigerator
Square Footage: 800
Total Units: 1

Feature Descriptions

Days on Site: 222
Exterior: Brick, Tongue and Groove, Wood Siding
Gross Income: $36940.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level, Public Road, Seasonal
Lot Dimensions: 2x50x100
Net Income: $30728.00 (Actual)
Operating Expenses: $14859.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Special View Info: Seasonal
Storage: None
Units: 4
Water: Public Water

Local Schools

High School: Franklin
Middle School: Hosford
Elementary School: Creston

Listed By / Shown By

Listed By

Agency Name: John L. Scott
Agency Phone: 503-624-2900

Shown By

Agent Name: Alexander King, Broker
Agent Phone: (541) 921-5849
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,213.08 per month $4,247.50 Principal & Interest $720.58 Property Tax $245.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 12:35:31 AM EST) or RMLS (last updated Mon 04/06/2026 12:33:18 AM EST) or COAR/MLSCO (last updated Mon 04/06/2026 12:31:15 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms 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 web site may subsequently have sold or may no longer be available.

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