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302 N Bridgeton Rd, Portland, OR 97217

$2,247,000

18 Total Photos [Click to View All]

Property Description

Rare turnkey Portland riverfront investment opportunity featuring three modern townhomes each paired with a permitted attached ADU for a total of six income producing units. Built in 2021 and positioned in the sought after Bridgeton neighborhood near the Columbia River, marinas, yacht clubs, PDX, downtown Portland, and Vancouver, this unique portfolio offers flexible ownership and income strategies in one of Portland's most distinctive waterfront communities. Each residence showcases contemporary architecture, soaring ceilings, oversized windows, designer kitchens with quartz countertops and stainless appliances, spacious outdoor living areas, attached garages, and high efficiency construction. ADUs are approved for short term rentals, creating additional flexibility for investors or owner occupants seeking supplemental income. The property was developed with individual fee simple parcels allowing the option to operate as a multifamily investment, sell units individually, or create a long term hold portfolio. A rare combination of modern design, location, scalability, and income potential.

302 N Bridgeton Rd | MLS# 698798376

This multi-family property located at 302 N Bridgeton Rd, Portland, OR 97217 is currently listed for sale with an asking price of $2,247,000. Search Portland real estate on cameronvaldez.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Fuel Type: Electricity, Gas
Heating: Ductless, Heat Pump, Mini Split
Roof Type: Composition
Stories: 4.0
Taxes: $28,325
Year Built: 2021
Square Feet: 8,535

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $2850.00
Square Footage: 1866
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $1950.00
Square Footage: 788
Total Units: 1
Unit Type 3:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $3300.00
Square Footage: 2308
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $1950.00
Square Footage: 820
Total Units: 1
Unit Type 5:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $3000.00
Square Footage: 1961
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $1850.00
Square Footage: 792
Total Units: 1

Feature Descriptions

Body of Water: Columbia River
Days on Site: 2
Exterior: Board & Batten Siding, Cement Siding, Lap Sidi
Gross Income: $175200.00 (Actual)
Hot Water: Gas, Tank
Lot: Corner Lot, Level
Net Income: $128751.00 (Actual)
Operating Expenses: $46449.00 (Actual)
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Sewer: Public Sewer
Special View Info: River
Storage: Garage
Units: 6
Water: Public Water
Waterfront: River Front

Local Schools

High School: Jefferson
Middle School: Faubion
Elementary School: Faubion

Listed By / Shown By

Listed By

Agency Name: Epique Realty
Agency Contact: 503-819-9191

Shown By

Agent Name: Cameron Valdez Broker
Agent Phone: (267) 622-1419
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 14,377.85 per month $11,362.05 Principal & Interest $2,360.42 Property Tax $655.38 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 05/27/2026. The listing information on this page last changed on 05/27/2026. 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 Wed 05/27/2026 12:06:42 AM EST) or RMLS (last updated Tue 05/26/2026 10:35:29 AM EST) or COAR/MLSCO (last updated Wed 05/27/2026 12:01:16 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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