Real Estate Investment Properties for Sale in Portland, OR

Looking for investment property in Portland, OR with high ROI ?

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

Townhouses for Sale in Portland, OR

Search for Townhouse for Sale in Portland, Oregon. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 154 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1749 SE MARION St Portland, OR Move right on into this charming townhome offering the freedom of no HOA - enjoy low-maint...	3 beds \| 3 baths \| 1,743 sq.ft.	$595,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.86% Airbnb Rental Income: $2549 Traditional Rental Income: $3044 Airbnb ROI: 0.86% Traditional ROI: 2.86%
12890 SW BLUE HERON Pl Portland, OR Beautiful Craftsman Home w/ Open Floorplan in a Private, Tranquil Enclave of 18-Home Upsca...	3 beds \| 3 baths \| 1,716 sq.ft.	$555,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.43% Airbnb Rental Income: $2358 Traditional Rental Income: $2957 Airbnb ROI: 1.15% Traditional ROI: 3.43%
605 SW TRILLIUM CREEK Ter Portland, OR Gorgeous townhome in a coveted SW Portland location, just minutes to downtown, high tech, ...	3 beds \| 3 baths \| 2,069 sq.ft.	$584,900	Airbnb cash on cash: -1.88% Traditional cash on cash: 2.91% Airbnb Rental Income: $1369 Traditional Rental Income: $3566 Airbnb ROI: -1.88% Traditional ROI: 2.91%
9721 NW MILLER HILL Dr Portland, OR Enjoy this move-in ready townhome in the heart of Forest Heights. Thoughtfully updated, th...	2 beds \| 2 baths \| 1,091 sq.ft.	$378,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 1.92% Airbnb Rental Income: $1189 Traditional Rental Income: $2359 Airbnb ROI: -2.47% Traditional ROI: 1.92%
4815 SW 1ST Ave Portland, OR Dreaming of owning a home in one of the most convenient and desirable locations near Downt...	3 beds \| 3 baths \| 1,608 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 3.36%
16161 NW FESCUE Ct Portland, OR Craftsman style townhome featuring recent interior updates. Fresh interior paint, vinyl la...	3 beds \| 3 baths \| 1,832 sq.ft.	$420,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 5.35% Airbnb Rental Income: $841 Traditional Rental Income: $3395 Airbnb ROI: -1.98% Traditional ROI: 5.35%
13338 SW Roseberry Ln Portland, OR Street of Dreams Award Winning Builder, presents, The Heywood. Open great room plan desig...	3 beds \| 2 baths \| 2,014 sq.ft.	$515,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.33% Airbnb Rental Income: $2358 Traditional Rental Income: $2940 Airbnb ROI: 0.91% Traditional ROI: 3.33%
9636 NW MILLER HILL Dr Portland, OR Stunning Forest Heights townhome backing up to private greenspace! Greeted by soaring ceil...	2 beds \| 2 baths \| 1,167 sq.ft.	$389,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 2.27% Airbnb Rental Income: $1189 Traditional Rental Income: $2407 Airbnb ROI: -2.13% Traditional ROI: 2.27%
435 NE COOK St Portland, OR OPEN HOUSE: SATURDAY, 5/9: 12pm-2pm A close-in NE Portland townhome with NO HOA and no r...	3 beds \| 3 baths \| 1,611 sq.ft.	$510,000	Airbnb cash on cash: -1.75% Traditional cash on cash: 3.5% Airbnb Rental Income: $653 Traditional Rental Income: $2862 Airbnb ROI: -1.75% Traditional ROI: 3.5%
2727 NW UPSHUR St Portland, OR Fully furnished, turnkey Nob Hill townhouse just steps from Forest Park trails and NW 23rd...	3 beds \| 3 baths \| 1,415 sq.ft.	$710,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 1.32% Airbnb Rental Income: $496 Traditional Rental Income: $2550 Airbnb ROI: -2.19% Traditional ROI: 1.32%
4936 SW SLAVIN Rd Portland, OR Updated end-unit townhome filled with natural light, offering seasonal Mt. Hood and Willam...	3 beds \| 3 baths \| 2,328 sq.ft.	$579,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $3535 Airbnb ROI: N/A Traditional ROI: 3.74%
3911 NE GRAND Ave Portland, OR Charming attached home in NE Portland with no HOA and thoughtful updates throughout. This ...	3 beds \| 2 baths \| 1,266 sq.ft.	$399,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 3.45% Airbnb Rental Income: $371 Traditional Rental Income: $2146 Airbnb ROI: -1.96% Traditional ROI: 3.45%
10217 NW ALDER GROVE Ln Portland, OR Located in the highly desirable Forest Heights community, this corner-unit townhouse featu...	2 beds \| 2 baths \| 1,398 sq.ft.	$390,000	Airbnb cash on cash: -3.2% Traditional cash on cash: 0.95% Airbnb Rental Income: $1189 Traditional Rental Income: $2318 Airbnb ROI: -3.2% Traditional ROI: 0.95%
17065 SE BROOKLYN St Portland, OR Welcome home to this beautifully maintained 4-bedroom, 2.5-bath townhome on a desirable co...	4 beds \| 3 baths \| 1,738 sq.ft.	$420,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.33% Airbnb Rental Income: $2267 Traditional Rental Income: $3361 Airbnb ROI: 2.11% Traditional ROI: 6.33%
15490 NW TEE Ct Portland, OR Backing to greenspace with sunny southern exposure, this coveted END-UNIT townhome offers ...	2 beds \| 3 baths \| 1,848 sq.ft.	$524,900	Airbnb cash on cash: -2.16% Traditional cash on cash: 3.03% Airbnb Rental Income: $1189 Traditional Rental Income: $3346 Airbnb ROI: -2.16% Traditional ROI: 3.03%
8826 SE BROOKLYN St Portland, OR This 2007-built townhome gives you 3 bedrooms, 2.5 baths, and a layout that actually works...	3 beds \| 3 baths \| 1,478 sq.ft.	$376,777	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2572 Airbnb ROI: N/A Traditional ROI: 4.68%
5563 SW MULTNOMAH Blvd Portland, OR Charming End-Unit Townhome in Multnomah Village. Nestled among the trees in the heart of M...	2 beds \| 2 baths \| 1,168 sq.ft.	$265,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.14% Airbnb Rental Income: $1596 Traditional Rental Income: $2014 Airbnb ROI: -1.35% Traditional ROI: 2.14%
1235 N MORGAN St Portland, OR Modern, high efficiency end unit rowhome in Arbor Lodge. Gorgeous floor-to-ceiling south f...	2 beds \| 3 baths \| 1,039 sq.ft.	$375,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 3.78% Airbnb Rental Income: $997 Traditional Rental Income: $2625 Airbnb ROI: -1.85% Traditional ROI: 3.78%
9619 NW MILLER HILL Dr Portland, OR Nestled in the tree filled community of Forest Heights, this townhouse is move-in ready. T...	2 beds \| 2 baths \| 1,091 sq.ft.	$388,000	Airbnb cash on cash: -2.42% Traditional cash on cash: 1.85% Airbnb Rental Income: $1189 Traditional Rental Income: $2357 Airbnb ROI: -2.42% Traditional ROI: 1.85%
1122 SE TENINO St Portland, OR SELLER TO PAY ONE FULL YEAR OF HOA DUES + NO RENTAL CAP (30-DAY MINIMUM). Experience moder...	3 beds \| 4 baths \| 1,933 sq.ft.	$699,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.88% Airbnb Rental Income: $2332 Traditional Rental Income: $3884 Airbnb ROI: -0.39% Traditional ROI: 2.88%
512 NE 56TH Ave Portland, OR Modern 3-bed, 2.5-bath home built in 2021 with 2,720 sq ft spread across four thoughtfully...	3 beds \| 3 baths \| 2,720 sq.ft.	$729,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.05% Airbnb Rental Income: $1670 Traditional Rental Income: $4245 Airbnb ROI: -0.42% Traditional ROI: 4.05%
508 NE 56TH Ave Portland, OR Modern 3-bed, 2.5-bath home built in 2021 with 2,554 sq ft spread across four thoughtfully...	3 beds \| 3 baths \| 2,554 sq.ft.	$749,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.68% Airbnb Rental Income: $1670 Traditional Rental Income: $4028 Airbnb ROI: -0.37% Traditional ROI: 3.68%
723 NE TILLAMOOK St Portland, OR Welcome to 723 NE Tillamook Street, a light-filled townhouse in Portland's highly sought-a...	3 beds \| 3 baths \| 1,498 sq.ft.	$525,000	Airbnb cash on cash: -3.08% Traditional cash on cash: 2.6% Airbnb Rental Income: $282 Traditional Rental Income: $2833 Airbnb ROI: -3.08% Traditional ROI: 2.6%
9420 SW BRENTWOOD Pl Portland, OR Step into the comfort of this fabulous 2-BEDROOM / 2-BATH Townhome/Condo. The desirable "M...	2 beds \| 2 baths \| 1,296 sq.ft.	$419,950	Airbnb cash on cash: -1.27% Traditional cash on cash: 2.64% Airbnb Rental Income: $1097 Traditional Rental Income: $2264 Airbnb ROI: -1.27% Traditional ROI: 2.64%
4922 SW 1ST Ave Portland, OR This is an excellent opportunity to own a great investment property with a fabulous long t...	3 beds \| 3 baths \| 1,540 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $3404 Airbnb ROI: N/A Traditional ROI: 4.47%
3428 SE 153RD Ave Portland, OR Charming single-level home in SE Portland with a functional, easy-flow layout. Bright livi...	3 beds \| 1 baths \| 1,083 sq.ft.	$380,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.91% Airbnb Rental Income: $1403 Traditional Rental Income: $2151 Airbnb ROI: 0.62% Traditional ROI: 3.91%
14973 SW KRAFT Loop Portland, OR PARK-FRONT PERFECTION: YOUR TRANQUIL SANCTUARY AWAITS IN THE HEART OF PROGRESS RIDGE. Step...	2 beds \| 3 baths \| 1,208 sq.ft.	$390,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.67% Airbnb Rental Income: $1097 Traditional Rental Income: $2370 Airbnb ROI: -0.83% Traditional ROI: 3.67%
9818 SW 34th Pl Portland, OR Home is completed! Introducing a meticulously crafted 3 bedroom, 2.5-bath attached residen...	3 beds \| 3 baths \| 1,437 sq.ft.	$464,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.51% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 1.51%
310 NW 116TH Ave #105 Portland, OR Experience easy living in this pristine townhome in the Cedars at Timberland, one of NW Po...	2 beds \| 3 baths \| 1,104 sq.ft.	$350,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 1.68% Airbnb Rental Income: $1189 Traditional Rental Income: $1956 Airbnb ROI: -1.83% Traditional ROI: 1.68%
16056 NW CENTINE Ln Portland, OR Welcome home to this fabulous Arbor Parc townhouse! This well-maintained 3-bedroom, 2.5-ba...	3 beds \| 3 baths \| 1,479 sq.ft.	$434,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 3.78% Airbnb Rental Income: $841 Traditional Rental Income: $2830 Airbnb ROI: -1.92% Traditional ROI: 3.78%
7391 NW ELEANOR Ave Portland, OR Lightly lived but largely loved, this immaculate Bethany townhome offers the perfect blend...	2 beds \| 3 baths \| 1,214 sq.ft.	$399,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 4.12% Airbnb Rental Income: $1253 Traditional Rental Income: $2760 Airbnb ROI: -0.97% Traditional ROI: 4.12%
2646 SE 101ST Ave Portland, OR Come for the bright sunshine days, stay for the peaceful sunset views. This end unit townh...	2 beds \| 3 baths \| 1,027 sq.ft.	$324,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.25% Airbnb Rental Income: $1444 Traditional Rental Income: $2727 Airbnb ROI: 0.63% Traditional ROI: 6.25%
5575 SE 117TH Ave Portland, OR Gorgeous, new construction home showcasing all of todays most in demand designs with nearl...	3 beds \| 3 baths \| 1,477 sq.ft.	$429,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.1% Airbnb Rental Income: $902 Traditional Rental Income: $2306 Airbnb ROI: -0.23% Traditional ROI: 4.1%
752 NW 12TH Ave Portland, OR Settle into a rare end-unit townhome that feels both serene and sophisticated, perfectly p...	3 beds \| 3 baths \| 1,885 sq.ft.	$925,000	Airbnb cash on cash: -3.71% Traditional cash on cash: -0.28% Airbnb Rental Income: $466 Traditional Rental Income: $3159 Airbnb ROI: -3.71% Traditional ROI: -0.28%
4884 NW 162ND Ter Portland, OR This miraculously maintained townhouse boasts an open concept floor plan, perfect for mode...	3 beds \| 3 baths \| 1,559 sq.ft.	$465,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 3.63% Airbnb Rental Income: $841 Traditional Rental Income: $3005 Airbnb ROI: -2.1% Traditional ROI: 3.63%
6148 S VIRGINIA Ave Portland, OR Open House Saturday May 9th from 1-3pm. This beautiful townhome in the heart of John's Lan...	2 beds \| 3 baths \| 1,360 sq.ft.	$535,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.62% Airbnb Rental Income: $1539 Traditional Rental Income: $2733 Airbnb ROI: -0.66% Traditional ROI: 2.62%
1915 NW YORKSHIRE Ln Portland, OR OPEN HOUSE Friday May 8 2026 Noon to 2PM. Priced $101,000 BELOW 2024 Purchase Price. Step ...	2 beds \| 3 baths \| 2,141 sq.ft.	$479,000	Airbnb cash on cash: -3.24% Traditional cash on cash: 0.3% Airbnb Rental Income: $1189 Traditional Rental Income: $2386 Airbnb ROI: -3.24% Traditional ROI: 0.3%
3907 SW VIEW POINT Ter Portland, OR Designed by James Meyer, this contemporary townhome residence sits just minutes to downtow...	2 beds \| 4 baths \| 2,682 sq.ft.	$710,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 2.88% Airbnb Rental Income: $1652 Traditional Rental Income: $4151 Airbnb ROI: -1.59% Traditional ROI: 2.88%

Your search for investment property begins and ends here

Townhouses for Sale in Portland, OR

1749 SE MARION St

Portland, OR

3 beds | 3 baths | 1,743 sq.ft.

$595,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $2549

Traditional Rental Income: $3044

Airbnb ROI: 0.86%

Traditional ROI: 2.86%

12890 SW BLUE HERON Pl

Portland, OR

3 beds | 3 baths | 1,716 sq.ft.

$555,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $2358

Traditional Rental Income: $2957

Airbnb ROI: 1.15%

Traditional ROI: 3.43%

605 SW TRILLIUM CREEK Ter

Portland, OR

3 beds | 3 baths | 2,069 sq.ft.

$584,900

Airbnb cash on cash: -1.88%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $1369

Traditional Rental Income: $3566

Airbnb ROI: -1.88%

Traditional ROI: 2.91%

9721 NW MILLER HILL Dr

Portland, OR

2 beds | 2 baths | 1,091 sq.ft.

$378,000

Airbnb cash on cash: -2.47%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $1189

Traditional Rental Income: $2359

Airbnb ROI: -2.47%

Traditional ROI: 1.92%

4815 SW 1ST Ave

Portland, OR

3 beds | 3 baths | 1,608 sq.ft.

$470,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2898

Airbnb ROI: N/A

Traditional ROI: 3.36%

16161 NW FESCUE Ct

Portland, OR

3 beds | 3 baths | 1,832 sq.ft.

$420,000

Airbnb cash on cash: -1.98%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $841

Traditional Rental Income: $3395

Airbnb ROI: -1.98%

Traditional ROI: 5.35%

13338 SW Roseberry Ln

Portland, OR

3 beds | 2 baths | 2,014 sq.ft.

$515,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $2358

Traditional Rental Income: $2940

Airbnb ROI: 0.91%

Traditional ROI: 3.33%

9636 NW MILLER HILL Dr

Portland, OR

2 beds | 2 baths | 1,167 sq.ft.

$389,000

Airbnb cash on cash: -2.13%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1189

Traditional Rental Income: $2407

Airbnb ROI: -2.13%