Real Estate Investment Properties for Sale in Happy Valley, OR

Looking for investment property in Happy Valley, OR with high ROI ?

Explore a variety of short-term homes & houses in Happy Valley, OR. Invest wisely with VRBO & Happy Valley, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Happy Valley, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10469 SE Quail Ridge Dr Happy Valley, OR 1/3 acre lot with extraordinary views of Mt. St. Helens, Downtown Portland and Columbia Ri...	N/A beds \| N/A baths \| 3,557 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.95% Airbnb Rental Income: $null Traditional Rental Income: $1101 Airbnb ROI: N/A Traditional ROI: 0.95%
14700 SE Clatsop St Happy Valley, OR Extensively remodeled beautiful colonial on approximately 27,000SF lot with sweeping mount...	4 beds \| 4 baths \| 4,270 sq.ft.	$1,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $6312 Airbnb ROI: N/A Traditional ROI: 2.67%
13199 SE Gateway Dr Happy Valley, OR Kings Landing Craftsman features Gourmet Kitchen w/ White Shaker Maple Cabinets & Quartz C...	5 beds \| 2 baths \| 2,840 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $3985 Airbnb ROI: N/A Traditional ROI: 3.52%
15037 SE Spanish Bay Dr Happy Valley, OR Perched above the valley in the sought-after Jackson Hills community, this custom home off...	5 beds \| 3 baths \| 5,073 sq.ft.	$919,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $5388 Airbnb ROI: N/A Traditional ROI: 3.91%
14687 SE Pebble Beach Dr Happy Valley, OR Custom built Happy Valley home w/ a grand vaulted entry, gourmet kitchen w/ slab granite c...	3 beds \| 3 baths \| 3,992 sq.ft.	$929,999	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 0.63%
9517 SE Hunters Bluff Ave Happy Valley, OR Investor opportunity! This property is being offered at Public Auction on 08-06-2019. Visi...	4 beds \| N/A baths \| 2,950 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $2736 Airbnb ROI: N/A Traditional ROI: 1.02%
13550 SE 149th Ter Happy Valley, OR Adorable townhouse on corner lot with NO HOA & A/C! Day dreaming of an affordable and upda...	3 beds \| 2 baths \| 1,405 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 4%
12510 SE MT Scott Blvd Happy Valley, OR Almost 1ac of property adjacent to 2021 Street of Dreams site Heritage Crest. Centrally lo...	5 beds \| 3 baths \| 3,877 sq.ft.	$2,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.13% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 0.13%
11275 SE Aquila St Happy Valley, OR This beautifully designed 1,480 sq ft home offers the ideal blend of style, space, and loc...	3 beds \| 2 baths \| 1,480 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 3.79%
14764 SE Wallowa Way Happy Valley, OR Located in the heart of Happy Valley, this stunning 5-bedroom, 4-bath custom home is a few...	5 beds \| 2 baths \| 2,852 sq.ft.	$834,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $3720 Airbnb ROI: N/A Traditional ROI: 2.55%
15332 SE Lewis St Happy Valley, OR Don't Miss This Stunning Model Home - Loaded with Luxury Upgrades!Step into the lifestyle ...	4 beds \| 3 baths \| 2,639 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.39% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 1.39%
13444 SE Piper Dr Happy Valley, OR Spacious 3 bedroom, 2.5 bath home on large fenced corner lot. Being Sold "As-Is." Awesome ...	3 beds \| 2 baths \| 1,533 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 3.42%
16512 SE Pleasant Valley Pkwy Happy Valley, OR Welcome to this stunning modern Ichijo built home in Happy Valley. Enjoy contemporary luxu...	3 beds \| 2 baths \| 2,287 sq.ft.	$639,995	Airbnb cash on cash: N/A Traditional cash on cash: 2.15% Airbnb Rental Income: $null Traditional Rental Income: $2692 Airbnb ROI: N/A Traditional ROI: 2.15%
11719 SE Solomon Ct Happy Valley, OR Luxury Living with Captivating Mt. Hood Views. Welcome to your luxurious retreat, ideally ...	5 beds \| 3 baths \| 6,806 sq.ft.	$1,999,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.43% Airbnb Rental Income: $null Traditional Rental Income: $5271 Airbnb ROI: N/A Traditional ROI: 0.43%
12040 SE MT Scott Blvd Happy Valley, OR Welcome to 12040 SE Mt Scott Blvd! This stunning 4,600 sqft modern masterpiece features an...	N/A beds \| N/A baths \| 4,600 sq.ft.	$1,475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $6720 Airbnb ROI: N/A Traditional ROI: 3.35%
13658 SE Snowfire Dr Happy Valley, OR This captivating custom-built house is a remarkable find for discerning buyers seeking the...	4 beds \| 3 baths \| 3,893 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $3355 Airbnb ROI: N/A Traditional ROI: 1.71%
15149 SE Bunker Hill Ct Happy Valley, OR Stunning Happy Valley contemporary at the top of a cul de sac with beautiful views! 4 Beds...	4 beds \| 2 baths \| 3,898 sq.ft.	$910,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $5242 Airbnb ROI: N/A Traditional ROI: 4.02%
15864 SE Chelsea Morning Dr Happy Valley, OR Step into this wonderfully bright and modernized home in the heart of Happy Valley. Don't ...	4 beds \| 2 baths \| 2,433 sq.ft.	$659,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $2797 Airbnb ROI: N/A Traditional ROI: 2.18%
13061 SE Meadehill Ave Happy Valley, OR Fantastic Happy Valley home offers incredible value! This home has it all! Open floor plan...	5 beds \| 3 baths \| 3,302 sq.ft.	$770,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $5391 Airbnb ROI: N/A Traditional ROI: 5%
8951 SE Fuller Rd #36 Happy Valley, OR Stunning Modern Remodel - Move-In Ready! Step into this beautifully remodeled manufactured...	1 beds \| 1 baths \| 470 sq.ft.	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.16% Airbnb Rental Income: $null Traditional Rental Income: $1516 Airbnb ROI: N/A Traditional ROI: 1.16%
17114 SE Rhododendron St Happy Valley, OR Beautiful home in the coveted Happy Valley area offering a blend of modern amenities and l...	5 beds \| 3 baths \| 3,060 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $5269 Airbnb ROI: N/A Traditional ROI: 6.47%
11858 SE Horse Tail Falls Way Happy Valley, OR Vacant & Better-Than-New! This beautiful 4-bedroom, 2.5-bath home with AC, built in 2021 b...	4 beds \| 2 baths \| 1,923 sq.ft.	$608,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $3887 Airbnb ROI: N/A Traditional ROI: 4.35%
9645 SE Westview Ct Happy Valley, OR OPEN HOUSE SUNDAY 2/15 FROM 12-2! HUGE PRICE DROP! One Owner, Premium Upgrades, Home Warra...	4 beds \| 2 baths \| 3,600 sq.ft.	$679,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $4687 Airbnb ROI: N/A Traditional ROI: 4.85%
13052 SE Meadehill Ave Happy Valley, OR Very convenient location. Close to bus line, shopping and restaurants. Well kept one owner...	5 beds \| 3 baths \| 2,935 sq.ft.	$684,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $4440 Airbnb ROI: N/A Traditional ROI: 4.51%
9540 SE Spyglass Dr Happy Valley, OR Welcome-I'm not just a house, I'm your next chapter waiting to be lived. Perfectly situate...	4 beds \| 2 baths \| 3,944 sq.ft.	$924,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $5385 Airbnb ROI: N/A Traditional ROI: 3.61%
13733 SE Aldridge Rd Happy Valley, OR Set atop one of the highest points in Happy Valley, this proposed modern masterpiece by Pa...	4 beds \| 3 baths \| 4,000 sq.ft.	$2,035,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $6223 Airbnb ROI: N/A Traditional ROI: 2.12%
8750 SE 155th Ave #28 Happy Valley, OR Tucked away in a peaceful, hidden community in Happy Valley, this gem offers quiet living ...	2 beds \| 2 baths \| 1,188 sq.ft.	$209,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.54% Airbnb Rental Income: $null Traditional Rental Income: $2467 Airbnb ROI: N/A Traditional ROI: 10.54%
14322 SE Donatello Loop Happy Valley, OR Welcome to this beautiful, light filled, 2 owner custom home. Thoughtfully planned and bea...	4 beds \| 2 baths \| 3,335 sq.ft.	$855,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $4630 Airbnb ROI: N/A Traditional ROI: 3.24%
10810 SE Vista View Ln Happy Valley, OR Beautiful single-owner home in an ideally located Happy Valley neighborhood! This meticulo...	3 beds \| 2 baths \| 2,200 sq.ft.	$637,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $3747 Airbnb ROI: N/A Traditional ROI: 4.2%
9000 SE Con Battin Rd Happy Valley, OR 9000 SE Con Battin Rd, Portland, OR 97086 \| Other	N/A beds \| N/A baths \| N/A	$940,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.14% Airbnb Rental Income: $null Traditional Rental Income: $815 Airbnb ROI: N/A Traditional ROI: -1.14%
12695 SE Deremer Ln Happy Valley, OR You could travel the world, or you could just stay home. Welcome to Hygge House. Weaving t...	5 beds \| 4 baths \| 5,132 sq.ft.	$2,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $7330 Airbnb ROI: N/A Traditional ROI: 1.21%
12818 SE Meadehill Ave Happy Valley, OR AMAZING VALUE! VIEWS: territorial and Mt Hood! * REFINISHED HARDWOODS * NEW CARPET THROUGH...	5 beds \| 2 baths \| 3,072 sq.ft.	$665,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $5260 Airbnb ROI: N/A Traditional ROI: 5.96%
10148 SE Bristol Loop Happy Valley, OR SOPHISTICATED HAPPY VALLEY TOWNHOME WITH BEAUTIFUL VIEWS OF GREENSPACE AND SEASONAL VALLEY...	3 beds \| 2 baths \| 2,819 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $4315 Airbnb ROI: N/A Traditional ROI: 3.49%
12674 SE Meadehill Ave Happy Valley, OR The most stunning view in Happy Valley! Unobstructed 180 degree valley view with Mt. Hood ...	4 beds \| 3 baths \| 3,400 sq.ft.	$940,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $4648 Airbnb ROI: N/A Traditional ROI: 2.88%
11041 SE Scotts Summit Ct Happy Valley, OR Perched to capture sweeping panoramic views, this 6,500 sq ft masterpiece offers timeless ...	5 beds \| 4 baths \| 7,458 sq.ft.	$1,950,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $7419 Airbnb ROI: N/A Traditional ROI: 1.4%
11858 SE Smith Rock St Happy Valley, OR Built in 2022, this 4 bedroom, 2.5 bath Craftsman combines modern finishes with pristine c...	4 beds \| 2 baths \| 2,177 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $3931 Airbnb ROI: N/A Traditional ROI: 4.22%
14029 SE Summerfield Loop Happy Valley, OR Beautifully maintained one-level 3 bedroom, 2 bath home tucked away in a quiet Happy Valle...	3 beds \| 2 baths \| 1,334 sq.ft.	$517,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $2512 Airbnb ROI: N/A Traditional ROI: 3.12%
13931 SE Rolling Meadows Dr Happy Valley, OR Porch swing mornings, view deck evenings. This 1997 PNW Craftsman commands a corner lot wi...	3 beds \| 2 baths \| 2,404 sq.ft.	$660,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $3908 Airbnb ROI: N/A Traditional ROI: 3.89%
10555 SE Heritage Rd #219 Happy Valley, OR 10555 SE Heritage Rd #219, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,260 sq.ft.	$773,825	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $3525 Airbnb ROI: N/A Traditional ROI: 2.69%
16615 SE Sunshower Pl Happy Valley, OR Welcome to this beautiful townhouse nestled in one of Happy Valley's most sought-after com...	3 beds \| 2 baths \| 1,668 sq.ft.	$472,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $3507 Airbnb ROI: N/A Traditional ROI: 5.06%

Real Estate investment in Happy-valley, OR

There are 150 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $679,995 and the average price per square foot is $261. In March 2026, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $2,946.

Happy-valley, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 150 investment properties available for sale in Happy-valley.

In 2026, the best neighborhood to buy investment property is Happy Valley.

The ROI for Short-Term is higher than the Long-Term in Happy-valley with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Happy Valley, OR

10469 SE Quail Ridge Dr

Happy Valley, OR

N/A beds | N/A baths | 3,557 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1101

Airbnb ROI: N/A

Traditional ROI: 0.95%

14700 SE Clatsop St

Happy Valley, OR

4 beds | 4 baths | 4,270 sq.ft.

$1,499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.67%

Airbnb Rental Income: $null

Traditional Rental Income: $6312

Airbnb ROI: N/A

Traditional ROI: 2.67%

13199 SE Gateway Dr

Happy Valley, OR

5 beds | 2 baths | 2,840 sq.ft.

$729,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.52%

Airbnb Rental Income: $null

Traditional Rental Income: $3985

Airbnb ROI: N/A

Traditional ROI: 3.52%

15037 SE Spanish Bay Dr

Happy Valley, OR

5 beds | 3 baths | 5,073 sq.ft.

$919,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.91%

Airbnb Rental Income: $null

Traditional Rental Income: $5388

Airbnb ROI: N/A

Traditional ROI: 3.91%

14687 SE Pebble Beach Dr

Happy Valley, OR

3 beds | 3 baths | 3,992 sq.ft.

$929,999

Airbnb cash on cash: N/A

Traditional cash on cash: 0.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 0.63%

9517 SE Hunters Bluff Ave

Happy Valley, OR

4 beds | N/A baths | 2,950 sq.ft.

$950,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2736

Airbnb ROI: N/A

Traditional ROI: 1.02%

13550 SE 149th Ter

Happy Valley, OR

3 beds | 2 baths | 1,405 sq.ft.

$419,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 4%

12510 SE MT Scott Blvd

Happy Valley, OR

5 beds | 3 baths | 3,877 sq.ft.

$2,499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3063

Airbnb ROI: N/A