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 180 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
4750 SE Milwaukie Ave Portland, OR 4750 SE Milwaukie Ave, Portland, OR 97202 \| Townhouse	3 beds \| 2 baths \| 1,462 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2336 Airbnb ROI: N/A Traditional ROI: 3.81%
1749 SE Marion St Portland, OR Get the interest rate you have been waiting for on this beautiful home, call today to lear...	3 beds \| 2 baths \| 1,743 sq.ft.	$525,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.37% Airbnb Rental Income: $2467 Traditional Rental Income: $3044 Airbnb ROI: 0.97% Traditional ROI: 3.37%
853 SE 193rd Ave Portland, OR End-unit living with extra breathing room AND no HOA! This two-story attached home in Port...	3 beds \| 2 baths \| 1,224 sq.ft.	$350,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 5.11% Airbnb Rental Income: $2612 Traditional Rental Income: $2377 Airbnb ROI: 3.93% Traditional ROI: 5.11%
9721 NW Miller Hill Dr Portland, OR Enjoy this move-in ready townhome in the heart of Forest Heights. Thoughtfully updated, th...	2 beds \| 1 baths \| 1,091 sq.ft.	$330,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.34% Airbnb Rental Income: $2083 Traditional Rental Income: $2359 Airbnb ROI: -0.28% Traditional ROI: 2.34%
686 SW Rustica Ter Portland, OR Open Wednesday, 9/6 4:30-6:30pm. Renaissance Home in Peterkort Woods.Redone master bath. I...	3 beds \| 2 baths \| 1,925 sq.ft.	$525,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 2.23% Airbnb Rental Income: $3173 Traditional Rental Income: $2738 Airbnb ROI: 1.66% Traditional ROI: 2.23%
407 NE 141st Pl Portland, OR Welcome to the Bungalows at Glendoveer. This nicely maintained townhome has a spacious flo...	3 beds \| 2 baths \| 1,707 sq.ft.	$457,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $2481 Airbnb ROI: N/A Traditional ROI: 3.55%
3723 SE Gladstone St Portland, OR Fabulous Creston-Kenilworth Townhome in Southeast Portland with a fenced backyard! Enjoy a...	2 beds \| 1 baths \| 1,230 sq.ft.	$399,990	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.41% Airbnb Rental Income: $1958 Traditional Rental Income: $2288 Airbnb ROI: 1.16% Traditional ROI: 3.41%
10260 NW Alder Grove Ln Portland, OR Open House 12-2pm - Sat. 11/7 - Price Improved! Welcome to this beautifully renovated end-...	2 beds \| 2 baths \| 1,384 sq.ft.	$374,900	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.56% Airbnb Rental Income: $2083 Traditional Rental Income: $2137 Airbnb ROI: -1.12% Traditional ROI: 0.56%
6642 SE 16th Ave Portland, OR Don't miss this chic, modern townhome in the heart of Sellwood! Beautiful, dark hardwood f...	3 beds \| 3 baths \| 1,530 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2686 Airbnb ROI: N/A Traditional ROI: 3.01%
11338 SW Capitol Hwy Portland, OR This rare property offers the perfect blend of comfortable living and built-in rental inco...	4 beds \| 3 baths \| 2,297 sq.ft.	$499,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 3.7% Airbnb Rental Income: $4070 Traditional Rental Income: $3262 Airbnb ROI: 3.57% Traditional ROI: 3.7%
12226 SE Long St Portland, OR Great Townhome/Rowhouse. Small fenced back yard through garage. High & vaulted ceilings br...	2 beds \| 1 baths \| 1,186 sq.ft.	$327,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.76% Airbnb Rental Income: $1834 Traditional Rental Income: $2278 Airbnb ROI: 0.72% Traditional ROI: 3.76%
14800 SW Kraft Loop Portland, OR Beautiful and meticulously maintained end unit home features dual primary bedrooms, perfec...	2 beds \| 2 baths \| 1,236 sq.ft.	$429,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.07% Airbnb Rental Income: $2305 Traditional Rental Income: $1935 Airbnb ROI: 1.57% Traditional ROI: 2.07%
1743 SE Marion St Portland, OR NO HOA for this beautifully maintained Craftsman-style Townhome in the heart of desirable ...	3 beds \| 2 baths \| 1,743 sq.ft.	$555,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.85% Airbnb Rental Income: $2467 Traditional Rental Income: $3415 Airbnb ROI: 0.87% Traditional ROI: 3.85%
10685 SW Celeste Ln Portland, OR OPEN 7/29 1-4pm. Beautiful, remodeled townhome with warm, natural light in an amazing loca...	2 beds \| 3 baths \| 1,780 sq.ft.	$485,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.78% Airbnb Rental Income: $2083 Traditional Rental Income: $2691 Airbnb ROI: 1.25% Traditional ROI: 3.78%
13838 SW ANNA Ct Portland, OR Welcome to this exceptional townhouse in the heart of Tigard, offering 3 bedrooms and 2.5 ...	3 beds \| 3 baths \| 1,506 sq.ft.	$389,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 4.23% Airbnb Rental Income: $3073 Traditional Rental Income: $2920 Airbnb ROI: 2.73% Traditional ROI: 4.23%
13200 SW RAPTOR Pl Portland, OR Welcome to a home that blends comfort, thoughtful updates, and inviting spaces with room t...	3 beds \| 3 baths \| 1,645 sq.ft.	$415,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.76% Airbnb Rental Income: $2087 Traditional Rental Income: $3342 Airbnb ROI: 1.16% Traditional ROI: 5.76%
7430 SW Capitol Hwy Portland, OR Wonderful 3 bedroom, 3.5 bath townhouse located in the center of Multnomah village! Sunny ...	3 beds \| 3 baths \| 2,040 sq.ft.	$524,600	Airbnb cash on cash: N/A Traditional cash on cash: 2.66% Airbnb Rental Income: $null Traditional Rental Income: $2910 Airbnb ROI: N/A Traditional ROI: 2.66%
14622 NE Rose Pkwy Portland, OR Stylish and modern attached split-level townhome in beautiful Argay Downs in NE PDX. Enjoy...	3 beds \| 2 baths \| 1,966 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2776 Airbnb ROI: N/A Traditional ROI: 3.31%
480 SE 18th Ave Portland, OR Contemporary Elegance, Versatile Living & Captivating City Views! Discover sophisticated u...	4 beds \| 2 baths \| 2,857 sq.ft.	$939,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.18% Airbnb Rental Income: $2422 Traditional Rental Income: $4033 Airbnb ROI: -0.34% Traditional ROI: 2.18%
7122 NE M L King Blvd Portland, OR Open 11/01/2026 from 12pm to 2:00pm.Enchanting Buffalo Flats Townhouse. End Unit with cove...	2 beds \| 1 baths \| 1,361 sq.ft.	$329,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.94% Airbnb Rental Income: $2086 Traditional Rental Income: $2329 Airbnb ROI: 0.42% Traditional ROI: 2.94%
13217 SW SUMMERWOOD Dr Portland, OR Enjoy peaceful wetland views from nearly every room in this beautifully designed home, fea...	2 beds \| 3 baths \| 1,207 sq.ft.	$325,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.2% Airbnb Rental Income: $2135 Traditional Rental Income: $2464 Airbnb ROI: 1.34% Traditional ROI: 4.2%
519 N Cook St Portland, OR Nearly new 2020 built townhome in the heart of everything Mississippi st and the Vancouver...	3 beds \| 2 baths \| 1,881 sq.ft.	$589,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 1.99% Airbnb Rental Income: $2643 Traditional Rental Income: $2387 Airbnb ROI: 1.31% Traditional ROI: 1.99%
1235 N Morgan St Portland, OR Modern, high efficiency end unit rowhome in Arbor Lodge. Gorgeous floor-to-ceiling south f...	2 beds \| 2 baths \| 1,039 sq.ft.	$360,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.98% Airbnb Rental Income: $1709 Traditional Rental Income: $2625 Airbnb ROI: -0.13% Traditional ROI: 3.98%
16954 SE Ankeny St Portland, OR Updated and move-in ready, this 1,066 SQ FT Portland townhouse offers 3 bedrooms, 2.1 bath...	3 beds \| 2 baths \| 1,066 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2431 Airbnb ROI: N/A Traditional ROI: 5.21%
3918 SE 34th Ave Portland, OR Gorgeous light-filled contemporary home with an open layout and flexible floor plan. The g...	3 beds \| 2 baths \| 2,612 sq.ft.	$669,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.12% Airbnb Rental Income: $3112 Traditional Rental Income: $3603 Airbnb ROI: 1.2% Traditional ROI: 3.12%
16053 NW Hildago Ln Portland, OR Beautifully maintained townhome in Bethany! Covered porch invites you into the entry hall ...	3 beds \| 2 baths \| 1,480 sq.ft.	$440,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 1.83% Airbnb Rental Income: $1374 Traditional Rental Income: $2162 Airbnb ROI: -1.1% Traditional ROI: 1.83%
5394 SE 136th Ave Portland, OR Seller Offering Credit towards rate buydown/closing costs! Don't miss this bright and mode...	3 beds \| 2 baths \| 1,476 sq.ft.	$325,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 7.22% Airbnb Rental Income: $3162 Traditional Rental Income: $3160 Airbnb ROI: 4.88% Traditional ROI: 7.22%
14110 SW 80TH Ct Portland, OR Buy-down incentive available with use of preferred lender. Seller concessions may be consi...	2 beds \| 2 baths \| 1,144 sq.ft.	$449,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.59% Airbnb Rental Income: $2305 Traditional Rental Income: $2348 Airbnb ROI: 2.13% Traditional ROI: 3.59%
14547 NE Stanton Ct Portland, OR Light-filled townhome with sweeping views in a gated community. The spacious open floor pl...	2 beds \| 2 baths \| 1,874 sq.ft.	$340,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.27% Airbnb Rental Income: $1853 Traditional Rental Income: $2309 Airbnb ROI: -0.72% Traditional ROI: 2.27%
516 NE 56th Ave Portland, OR Custom 2021 townhome in North Tabor with a covered porch, city views, and a 13x7 deck off ...	3 beds \| 2 baths \| 2,725 sq.ft.	$699,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.47% Airbnb Rental Income: $2893 Traditional Rental Income: $3728 Airbnb ROI: 1.16% Traditional ROI: 3.47%
520 NE 56th Ave Portland, OR End-unit townhome with city views and windows on three sides, built in 2021 in North Tabor...	3 beds \| 1 baths \| 2,139 sq.ft.	$579,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 2.3% Airbnb Rental Income: $2893 Traditional Rental Income: $2523 Airbnb ROI: 1.75% Traditional ROI: 2.3%
512 NE 56th Ave Portland, OR City views and a 13x7 deck off the primary suite, in a custom 2021 townhome in North Tabor...	3 beds \| 2 baths \| 2,720 sq.ft.	$699,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.27% Airbnb Rental Income: $2893 Traditional Rental Income: $4245 Airbnb ROI: 1.16% Traditional ROI: 4.27%
508 NE 56th Ave Portland, OR End-unit townhome built in 2021 in North Tabor, with windows on three sides and light thro...	3 beds \| 2 baths \| 2,554 sq.ft.	$699,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.97% Airbnb Rental Income: $2893 Traditional Rental Income: $4028 Airbnb ROI: 1.2% Traditional ROI: 3.97%
360 NE 78th Ave Portland, OR 2.8% FHA assumable loan on approval! Welcome to this beautifully cared-for home in the hea...	3 beds \| 2 baths \| 1,450 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2146 Airbnb ROI: N/A Traditional ROI: 3.01%
12960 NW Clement Ln Portland, OR This immaculate townhome is situated on a quiet dead-end street and is a stone's throw to ...	3 beds \| 3 baths \| 1,958 sq.ft.	$475,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.02% Airbnb Rental Income: $3173 Traditional Rental Income: $2964 Airbnb ROI: 2.87% Traditional ROI: 4.02%
17355 NW Shackelford Rd Portland, OR NEW LISTING IN SOUGHT-AFTER BETHANY! Beautiful three-level home featuring modern finishes,...	4 beds \| 3 baths \| 1,744 sq.ft.	$484,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $3008 Airbnb ROI: N/A Traditional ROI: 3.73%
4839 NW Blandy Ter Portland, OR A truly rare opportunity to own a corner-unit townhouse that has been thoughtfully re-imag...	2 beds \| 2 baths \| 1,550 sq.ft.	$475,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.23% Airbnb Rental Income: $1785 Traditional Rental Income: $2499 Airbnb ROI: -0.47% Traditional ROI: 2.23%
10218 SW Taylor St Portland, OR Open house on Friday, Nov 6th, 12:30pm-2:30pm! Welcome home to warm, effortless living in ...	2 beds \| 2 baths \| 1,384 sq.ft.	$399,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.27% Airbnb Rental Income: $2083 Traditional Rental Income: $2089 Airbnb ROI: -0.18% Traditional ROI: 1.27%
14179 SW 169TH Ave Portland, OR Desirable end-unit townhome in the vibrant River Terrace community, with greater privacy a...	2 beds \| 3 baths \| 1,457 sq.ft.	$425,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.89% Airbnb Rental Income: $2305 Traditional Rental Income: $2706 Airbnb ROI: 1.44% Traditional ROI: 3.89%

Your search for investment property begins and ends here

Townhouses for Sale in Portland, OR

4750 SE Milwaukie Ave

Portland, OR

3 beds | 2 baths | 1,462 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2336

Airbnb ROI: N/A

Traditional ROI: 3.81%

1749 SE Marion St

Portland, OR

3 beds | 2 baths | 1,743 sq.ft.

$525,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $2467

Traditional Rental Income: $3044

Airbnb ROI: 0.97%

Traditional ROI: 3.37%

853 SE 193rd Ave

Portland, OR

3 beds | 2 baths | 1,224 sq.ft.

$350,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $2612

Traditional Rental Income: $2377

Airbnb ROI: 3.93%

Traditional ROI: 5.11%

9721 NW Miller Hill Dr

Portland, OR

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

$330,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2083

Traditional Rental Income: $2359

Airbnb ROI: -0.28%

Traditional ROI: 2.34%

686 SW Rustica Ter

Portland, OR

3 beds | 2 baths | 1,925 sq.ft.

$525,000

Airbnb cash on cash: 1.66%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $3173

Traditional Rental Income: $2738

Airbnb ROI: 1.66%

Traditional ROI: 2.23%

407 NE 141st Pl

Portland, OR

3 beds | 2 baths | 1,707 sq.ft.

$457,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2481

Airbnb ROI: N/A

Traditional ROI: 3.55%

3723 SE Gladstone St

Portland, OR

2 beds | 1 baths | 1,230 sq.ft.

$399,990

Airbnb cash on cash: 1.16%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $1958

Traditional Rental Income: $2288

Airbnb ROI: 1.16%

Traditional ROI: 3.41%

10260 NW Alder Grove Ln

Portland, OR

2 beds | 2 baths | 1,384 sq.ft.

$374,900

Airbnb cash on cash: -1.12%

Traditional cash on cash: 0.56%

Airbnb Rental Income: $2083

Traditional Rental Income: $2137

Airbnb ROI: -1.12%