1542 SE Malden St Portland, OR 97202

This is your chance to own a historic triplex in the heart of Sellwood. The main floor 2-bedroom features high ceilings and vintage details with a classic Portland front porch, plus a quaint back porch off the kitchen where you can access the spacious, fenced backyard. A slider off the bedroom leads to a private deck. Ultra-livable 1-bedroom units upstairs are light and bright, with open kitchens, ample storage and a picturesque, covered balcony for relaxing outdoors. The exterior is well maintained, with cedar wood siding, fresh paint and a newer roof. All units have double-pane vinyl windows, updated plumbing & electrical and washers/dryers. Tall crawlspace for storage or potential development. Large lot with natural landscaping provides enjoyment for nature lovers and the friendly neighborhood vibe makes this house perfect for an owner-occupied investment, multi-generational living. You won’t find a better spot to live and build equity. Just a short distance from everything Westmoreland/Sellwood has to offer, from coffee shops, restaurants, a theater, bike shops, vintage stores, gift shops and yoga studios to nearby access for the Willamette River & Oaks Bottom Wildlife Refuge. Also near OHSU and minutes from downtown Portland, Milwaukie, or Lake Oswego. This beautiful gem draws respectful long-term renters, a perfect way to supplement your income. After 18 years, the renters in the largest unit moved out, so now is your chance to move in! Fix it up and make it your own. Don't miss this opportunity. Please respect the tenants privacy and do not walk the property or disturb them without an appointment. Thank you.