PARKROSE Real Estate

PARKROSE Real Estate

Welcome to Parkrose, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon. This charming community, located in Multnomah County, is known for its friendly atmosphere, diverse neighborhoods, and convenient access to everything the city has to offer.

Parkrose is characterized by its picturesque tree-lined streets, well-maintained parks, and a delightful mix of architectural styles that reflect the rich history of the area. From cozy single-family homes to modern townhouses, there’s something for everyone in this inviting neighborhood. Families will appreciate the abundance of green spaces, including Parkrose Park, which offers playgrounds, sports fields, and picnic areas perfect for weekend gatherings and outdoor activities.

One of the standout features of Parkrose is its strong sense of community. Residents often come together for local events, farmers' markets, and seasonal festivals, fostering connections and a sense of belonging. The neighborhood is also home to a variety of local businesses, from charming cafes to unique boutiques, ensuring that you have everything you need right at your doorstep.

For those who commute, Parkrose offers excellent access to public transportation and major highways, making it easy to reach downtown Portland and surrounding areas. With its blend of suburban tranquility and urban convenience, Parkrose is an ideal place for families, young professionals, and retirees alike.

Discover your new home in Parkrose, where community spirit thrives and the beauty of Portland awaits just outside your door!

Newest Listings in PARKROSE

$399,998
3 Beds 1 Baths 163311918 MLS
IMPROVED PRICE! Absolutely adorable, turn-key and move-in ready Parkrose bungalow lives large on an extra deep lot and gives contemporary vibes and updates, without forgetting it's classic vintage roots! BRAND NEW ROOF installed in June 2026 with transferrable warranty! Eco-friendly bamboo flooring throughout main areas of the home. Pantry in Kitchen, formal dining room or 2nd living room/family room, separate laundry / mud room with exterior access. Gorgeous entertainers deck with French doors from the dining room for that extended entertaining space. An unfinished basement offers additional storage for all your seasonal decor. This home is a commuters dream with easy access on & off I-205, access to public transit, parks, dog parks, schools, shopping and more! Chicken coop in the backyard is yours to keep and fill with chickens for farm fresh eggs all year long! Mature and fruiting tart pie Cherry & Apple trees! Perfect for the aspiring urban micro farmer who wants to create an edible yard. Re-imagine the expansive back yard space as a HUGE garden, or create a fire-pit for gathering with friends and family, build a dog run, or whatever else you can possibly imagine with all that extra space. The possibilities here are endless. Do you dream of building an ADU? Buyer's to do their own due diligence - but we think it is more than just a pipe dream! Ask your lender if this home qualifies for the Oregon Bond program and other special lender programs (Oregon Bond is a down payment assistance program, income restrictions may apply, please talk to your lender). Your hopes of affordable home ownership with a big yard can become a reality here!

10723 NE FREMONT ST, Portland

$875,000
24068858 MLS
**Investor Opportunity | Fully Occupied 4-Plex | Strong Cash Flow | Turnkey Asset**Expand your investment portfolio with this **fully leased, professionally maintained 4-plex** in the desirable Parkrose neighborhood of Northeast Portland. Built in **2005** and substantially updated in **2014**, this low-maintenance asset offers the combination every investor is looking for—**stable rental income, modern construction, and long-term appreciation potential.** Each of the four spacious units features **2 bedrooms, 2 full bathrooms, approximately 900 square feet**, open-concept living, washer/dryer hookups, dedicated storage, and private outdoor space. Lower units enjoy **fenced backyards**, while upper units offer **both front and rear balconies**, creating strong tenant appeal and supporting long-term occupancy. Currently generating **$73,920 in annual gross income** with an estimated **$52,920 net operating income**, this investment offers immediate cash flow with additional upside as rents continue to strengthen in the Portland market. Tenants pay their own utilities while owner expenses remain manageable, making this an ideal asset for both experienced investors and those seeking a quality addition to a growing portfolio. Situated on a level lot with off-street parking, fiber cement siding, forced-air gas heat, public utilities, and contemporary construction, this property is designed for durability and reduced maintenance. The convenient location provides quick access to I-205, Portland International Airport, public transportation, shopping, dining, parks, and major employers—features that continue to attract quality tenants year after year. Whether you're completing a 1031 Exchange, building passive income, or looking for a stable multifamily investment with proven occupancy, this property delivers the fundamentals that matter: strong cash flow, desirable unit mix, modern construction, and lasting investment potential.**Please do not disturb tenants**

4724 NE 101ST AVE, Portland

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