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
14449 SE Donatello Loop Happy Valley, OR This is it! Don't miss this well-maintained one-owner home located in the desirable Donate...	4 beds \| 2 baths \| 3,104 sq.ft.	$730,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.72% Airbnb Rental Income: $1569 Traditional Rental Income: $2491 Airbnb ROI: -1.29% Traditional ROI: 0.72%
14700 SE Clatsop St Happy Valley, OR Extensively remodeled beautiful colonial on approximately 37,000SF lot with sweeping mount...	4 beds \| 4 baths \| 4,270 sq.ft.	$1,499,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.67% Airbnb Rental Income: $1569 Traditional Rental Income: $6312 Airbnb ROI: -1.06% Traditional ROI: 2.67%
14985 SE Northern Heights Dr Happy Valley, OR Perched on a premier 0.21-acre corner lot in gated Northern Heights, this exceptional Ston...	4 beds \| 2 baths \| 3,276 sq.ft.	$1,150,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 1.42% Airbnb Rental Income: $1569 Traditional Rental Income: $3960 Airbnb ROI: -1.24% Traditional ROI: 1.42%
12500 SE Ridgecrest Rd Happy Valley, OR Beautifully maintained mid-century day ranch on a rare .73-acre lot in peaceful Happy Vall...	4 beds \| 2 baths \| 2,734 sq.ft.	$675,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.78% Airbnb Rental Income: $1569 Traditional Rental Income: $2491 Airbnb ROI: -0.4% Traditional ROI: 1.78%
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.	$899,999	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.64% Airbnb Rental Income: $1561 Traditional Rental Income: $3194 Airbnb ROI: -0.85% Traditional ROI: 1.64%
8424 SE Cornwell Ave Happy Valley, OR Beautiful Updated mid century home in tucked away neighborhood. New Roof 2019 on home and ...	2 beds \| 1 baths \| 1,087 sq.ft.	$419,998	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.93% Airbnb Rental Income: $1173 Traditional Rental Income: $1820 Airbnb ROI: 0.31% Traditional ROI: 2.93%
12105 SE HIGH CREEK Rd Happy Valley, OR Experience blissful and efficient living at Eagle Landing! This tri-level townhome is situ...	3 beds \| 3 baths \| 1,740 sq.ft.	$394,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.08% Airbnb Rental Income: $1561 Traditional Rental Income: $2397 Airbnb ROI: 0.61% Traditional ROI: 4.08%
8512 SE Constance Dr Happy Valley, OR Stunning, high-quality home with custom touches and plenty of space to enjoy. Walk through...	4 beds \| 2 baths \| 3,984 sq.ft.	$948,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 2.27% Airbnb Rental Income: $1569 Traditional Rental Income: $4325 Airbnb ROI: -1.37% Traditional ROI: 2.27%
12510 SE MT SCOTT Blvd Happy Valley, OR Almost 1ac of property adjacent to 2021 Street of Dreams site Heritage Crest. Centrally lo...	2 beds \| 2 baths \| 1,942 sq.ft.	$659,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.26% Airbnb Rental Income: $1173 Traditional Rental Income: $3063 Airbnb ROI: -0.44% Traditional ROI: 3.26%
14021 SE LUCILLE St Happy Valley, OR Assumable loan with a 2.65% interest rate-rare opportunity! Beautifully remodeled 4-bedroo...	4 beds \| 2 baths \| 1,820 sq.ft.	$610,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.28% Airbnb Rental Income: $1569 Traditional Rental Income: $3035 Airbnb ROI: -0.09% Traditional ROI: 3.28%
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.	$819,900	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.61% Airbnb Rental Income: $1224 Traditional Rental Income: $3720 Airbnb ROI: -1.17% Traditional ROI: 2.61%
11719 SE SOLOMON Ct Happy Valley, OR Captivating Mt. Hood Views \| Private Corner Estate in HighpointePerched on over half an ac...	5 beds \| 4 baths \| 6,806 sq.ft.	$1,899,900	Airbnb cash on cash: -2.01% Traditional cash on cash: 0.51% Airbnb Rental Income: $1224 Traditional Rental Income: $5271 Airbnb ROI: -2.01% Traditional ROI: 0.51%
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: -1.06% Traditional cash on cash: 3.35% Airbnb Rental Income: $1025 Traditional Rental Income: $6720 Airbnb ROI: -1.06% Traditional ROI: 3.35%
11287 SE 118TH Ct Happy Valley, OR Turnkey opportunity in the heart of Happy Valley! Beautifully refreshed 4 bedrooms, 1 den ...	4 beds \| 3 baths \| 3,566 sq.ft.	$1,090,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.85% Airbnb Rental Income: $1569 Traditional Rental Income: $2993 Airbnb ROI: -1% Traditional ROI: 0.85%
8720 SE Clatsop St Happy Valley, OR Fantastic investment opportunity to own a former 4-space mini mobile home park in a highly...	6 beds \| N/A baths \| N/A	$639,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.5% Airbnb Rental Income: $1569 Traditional Rental Income: $2004 Airbnb ROI: 0.02% Traditional ROI: 1.5%
13061 SE MEADEHILL Ave Happy Valley, OR Welcome to this stunning well-maintained 5-bedroom 3.5-bathroom home nestled in one of Hap...	5 beds \| 4 baths \| 3,302 sq.ft.	$725,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 5.37% Airbnb Rental Income: $1224 Traditional Rental Income: $5391 Airbnb ROI: -1.37% Traditional ROI: 5.37%
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.	$75,000	Airbnb cash on cash: -12.88% Traditional cash on cash: 1.29% Airbnb Rental Income: $786 Traditional Rental Income: $1516 Airbnb ROI: -12.88% Traditional ROI: 1.29%
13052 SE MEADEHILL Ave Happy Valley, OR Very convenient location. Close to bus line, shopping and restaurants. Well kept one owner...	5 beds \| 4 baths \| 2,935 sq.ft.	$684,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.51% Airbnb Rental Income: $1224 Traditional Rental Income: $4440 Airbnb ROI: -1.14% Traditional ROI: 4.51%
12173 SE 104TH Ct Happy Valley, OR Happy Valley Convenience at Its Finest! Located in the heart of Happy Valley, this home pu...	2 beds \| 2 baths \| 1,208 sq.ft.	$199,900	Airbnb cash on cash: -3.74% Traditional cash on cash: 3.83% Airbnb Rental Income: $1173 Traditional Rental Income: $2225 Airbnb ROI: -3.74% Traditional ROI: 3.83%
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: 2.09% Traditional cash on cash: 10.54% Airbnb Rental Income: $1173 Traditional Rental Income: $2467 Airbnb ROI: 2.09% Traditional ROI: 10.54%
13634 SE 149TH Ter Happy Valley, OR NO HOA Fees!! Stunning updated 3-bedroom, 2-bath, 2 level home in the heart of Happy Valle...	3 beds \| 2 baths \| 1,725 sq.ft.	$420,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.82% Airbnb Rental Income: $1561 Traditional Rental Income: $3228 Airbnb ROI: 0.45% Traditional ROI: 5.82%
14822 SE Natalya St Happy Valley, OR This spacious Happy Valley home offers room for everyone and everything! Fresh new paint a...	5 beds \| 4 baths \| 4,624 sq.ft.	$855,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.32% Airbnb Rental Income: $1224 Traditional Rental Income: $4001 Airbnb ROI: -0.66% Traditional ROI: 3.32%
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: -1.17% Traditional cash on cash: 3.24% Airbnb Rental Income: $1569 Traditional Rental Income: $4630 Airbnb ROI: -1.17% Traditional ROI: 3.24%
8321 SE Gray St Happy Valley, OR 8321 SE Gray St, Portland, OR 97086 \| Single Family Residential	3 beds \| 1 baths \| 1,186 sq.ft.	$400,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.75% Airbnb Rental Income: $1561 Traditional Rental Income: $1861 Airbnb ROI: 0.76% Traditional ROI: 2.75%
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	$880,000	Airbnb cash on cash: -1.26% Traditional cash on cash: -1.08% Airbnb Rental Income: $1025 Traditional Rental Income: $815 Airbnb ROI: -1.26% Traditional ROI: -1.08%
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 \| 5 baths \| 5,132 sq.ft.	$2,399,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 1.21% Airbnb Rental Income: $1224 Traditional Rental Income: $7330 Airbnb ROI: -1.71% Traditional ROI: 1.21%
10148 SE Bristol Loop Happy Valley, OR NEW PRICE! HANDSOME CRAFTSMAN TOWNHOME in Graystone at Altamont.Tastefully updated thru ou...	3 beds \| 2 baths \| 2,819 sq.ft.	$639,900	Airbnb cash on cash: -1.78% Traditional cash on cash: 3.59% Airbnb Rental Income: $1561 Traditional Rental Income: $4315 Airbnb ROI: -1.78% Traditional ROI: 3.59%
13191 SE Regency View St Happy Valley, OR Designed by a professional architectural designer, Regency Residence stands as one of the ...	5 beds \| 4 baths \| 4,634 sq.ft.	$1,999,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 1.2% Airbnb Rental Income: $1224 Traditional Rental Income: $5570 Airbnb ROI: -1.35% Traditional ROI: 1.2%
11041 SE SCOTTS SUMMIT Ct Happy Valley, OR Perched to capture sweeping panoramic views, this 6,500 sq ft masterpiece offers timeless ...	5 beds \| 5 baths \| 7,458 sq.ft.	$1,950,900	Airbnb cash on cash: -1.95% Traditional cash on cash: 1.69% Airbnb Rental Income: $1224 Traditional Rental Income: $7419 Airbnb ROI: -1.95% Traditional ROI: 1.69%
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 \| 3 baths \| 2,404 sq.ft.	$650,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.96% Airbnb Rental Income: $1561 Traditional Rental Income: $3908 Airbnb ROI: -0.65% Traditional ROI: 3.96%
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.	$749,960	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.84% Airbnb Rental Income: $1569 Traditional Rental Income: $3525 Airbnb ROI: -0.6% Traditional ROI: 2.84%
9942 SE KELA Pl Happy Valley, OR Introducing this comfortable, versatile, and spacious home at the end of a cul-de-sac in t...	4 beds \| 3 baths \| 3,394 sq.ft.	$550,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 6.22% Airbnb Rental Income: $1569 Traditional Rental Income: $4558 Airbnb ROI: -0.47% Traditional ROI: 6.22%
10211 SE Bristol Ln Happy Valley, OR 10211 SE Bristol Ln, Portland, OR 97086 \| Condo/Coop	3 beds \| 2 baths \| 2,570 sq.ft.	$639,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 2.55% Airbnb Rental Income: $1561 Traditional Rental Income: $3354 Airbnb ROI: -1.21% Traditional ROI: 2.55%
The 1857 Plan Happy Valley, OR The 1857 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 2 baths \| 1,857 sq.ft.	$654,960	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.38% Airbnb Rental Income: $1569 Traditional Rental Income: $2747 Airbnb ROI: -0.28% Traditional ROI: 2.38%
The 2890 Plan Happy Valley, OR The 2890 Plan, Happy Valley, OR 97086 \| Single Family Residential	5 beds \| 3 baths \| 2,890 sq.ft.	$844,960	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.65% Airbnb Rental Income: $1224 Traditional Rental Income: $3726 Airbnb ROI: -1.03% Traditional ROI: 2.65%
The 3317 Plan Happy Valley, OR The 3317 Plan, Happy Valley, OR 97086 \| Single Family Residential	5 beds \| 4 baths \| 3,317 sq.ft.	$859,960	Airbnb cash on cash: -1.04% Traditional cash on cash: 4.12% Airbnb Rental Income: $1224 Traditional Rental Income: $4964 Airbnb ROI: -1.04% Traditional ROI: 4.12%
The 1833 Plan Happy Valley, OR The 1833 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 2 baths \| 1,833 sq.ft.	$664,960	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.21% Airbnb Rental Income: $1569 Traditional Rental Income: $2685 Airbnb ROI: -0.31% Traditional ROI: 2.21%
The 2096 Plan Happy Valley, OR The 2096 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,096 sq.ft.	$744,961	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.58% Airbnb Rental Income: $1569 Traditional Rental Income: $3251 Airbnb ROI: -0.49% Traditional ROI: 2.58%
The 2928 Plan Happy Valley, OR The 2928 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,928 sq.ft.	$819,960	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.74% Airbnb Rental Income: $1569 Traditional Rental Income: $3686 Airbnb ROI: -0.62% Traditional ROI: 2.74%
The 2366 Plan Happy Valley, OR The 2366 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,366 sq.ft.	$737,460	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.88% Airbnb Rental Income: $1569 Traditional Rental Income: $3424 Airbnb ROI: -0.47% Traditional ROI: 2.88%

Real Estate investment in Happy-valley, OR

There are 83 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $750,000 and the average price per square foot is $255. In April 2026, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $3,378.

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

There are 83 investment properties available for sale in Happy-valley.

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

The ROI for Long-Term is higher than the Short-Term in Happy-valley with average rental income of $3,378.

Your search for investment property begins and ends here

Investment Property for Sale in Happy Valley, OR

14449 SE Donatello Loop

Happy Valley, OR

4 beds | 2 baths | 3,104 sq.ft.

$730,900

Airbnb cash on cash: -1.29%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $1569

Traditional Rental Income: $2491

Airbnb ROI: -1.29%

Traditional ROI: 0.72%

14700 SE Clatsop St

Happy Valley, OR

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

$1,499,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $1569

Traditional Rental Income: $6312

Airbnb ROI: -1.06%

Traditional ROI: 2.67%

14985 SE Northern Heights Dr

Happy Valley, OR

4 beds | 2 baths | 3,276 sq.ft.

$1,150,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $1569

Traditional Rental Income: $3960

Airbnb ROI: -1.24%

Traditional ROI: 1.42%

12500 SE Ridgecrest Rd

Happy Valley, OR

4 beds | 2 baths | 2,734 sq.ft.

$675,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1569

Traditional Rental Income: $2491

Airbnb ROI: -0.4%

Traditional ROI: 1.78%

14687 SE Pebble Beach Dr

Happy Valley, OR

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

$899,999

Airbnb cash on cash: -0.85%

Traditional cash on cash: 1.64%

Airbnb Rental Income: $1561

Traditional Rental Income: $3194

Airbnb ROI: -0.85%

Traditional ROI: 1.64%

8424 SE Cornwell Ave

Happy Valley, OR

2 beds | 1 baths | 1,087 sq.ft.

$419,998

Airbnb cash on cash: 0.31%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $1173

Traditional Rental Income: $1820

Airbnb ROI: 0.31%

Traditional ROI: 2.93%

12105 SE HIGH CREEK Rd

Happy Valley, OR

3 beds | 3 baths | 1,740 sq.ft.

$394,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1561

Traditional Rental Income: $2397

Airbnb ROI: 0.61%

Traditional ROI: 4.08%

8512 SE Constance Dr

Happy Valley, OR

4 beds | 2 baths | 3,984 sq.ft.

$948,000

Airbnb cash on cash: -1.37%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1569

Traditional Rental Income: $4325

Airbnb ROI: -1.37%