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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
14700 SE Clatsop St Happy Valley, OR Extensively remodeled beautiful colonial on approximately 46,000SF lot with sweeping mount...	4 beds \| 4 baths \| 4,270 sq.ft.	$1,399,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.89% Airbnb Rental Income: $3569 Traditional Rental Income: $6312 Airbnb ROI: 0.18% Traditional ROI: 2.89%
13841 SE HAMPSHIRE Ct Happy Valley, OR Beautifully refreshed and move-in ready, this spacious home offers the convenience of one-...	5 beds \| 3 baths \| 2,365 sq.ft.	$728,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.99% Airbnb Rental Income: $2663 Traditional Rental Income: $3767 Airbnb ROI: 0.43% Traditional ROI: 2.99%
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.	$879,999	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.7% Airbnb Rental Income: $2379 Traditional Rental Income: $3194 Airbnb ROI: -0.01% Traditional ROI: 1.7%
11840 SE TIMBER VALLEY Dr Happy Valley, OR Charming traditional home in prime Happy Valley location, freshly painted, blocks to shops...	5 beds \| 3 baths \| 2,540 sq.ft.	$649,700	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.42% Airbnb Rental Income: $2663 Traditional Rental Income: $4063 Airbnb ROI: 1.07% Traditional ROI: 4.42%
15630 SE VIVIAN Way Happy Valley, OR Perched in Happy Valley's Morningside community, this three-level townhome offers the flex...	3 beds \| 3 baths \| 1,896 sq.ft.	$419,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.31% Airbnb Rental Income: $2379 Traditional Rental Income: $3318 Airbnb ROI: 1.43% Traditional ROI: 5.31%
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.	$384,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 6.69% Airbnb Rental Income: $2379 Traditional Rental Income: $3291 Airbnb ROI: 2.54% Traditional ROI: 6.69%
10445 SE 147TH Ave Happy Valley, OR Tucked away on a quiet, low-traffic street in desirable Happy Valley, this spacious tradit...	5 beds \| 4 baths \| 4,595 sq.ft.	$999,888	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.47% Airbnb Rental Income: $2663 Traditional Rental Income: $5458 Airbnb ROI: -0.21% Traditional ROI: 3.47%
10209 SE Bristol Ln Happy Valley, OR Welcome to Graystone at Altamont, a beautifully maintained gated community in the hills of...	2 beds \| 2 baths \| 1,152 sq.ft.	$424,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.88% Airbnb Rental Income: $1733 Traditional Rental Income: $2455 Airbnb ROI: -0.13% Traditional ROI: 2.88%
11425 SE FALCO St Happy Valley, OR Here's a rare commodity for you in Happy Valley's Volare townhome community - let us count...	3 beds \| 3 baths \| 2,108 sq.ft.	$499,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.41% Airbnb Rental Income: $2379 Traditional Rental Income: $3485 Airbnb ROI: 0.8% Traditional ROI: 4.41%
8940 SE Spyglass Dr Happy Valley, OR Lots of windows for wonderful light. This home has been exceptionally well taken care of. ...	5 beds \| 3 baths \| 3,310 sq.ft.	$929,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 3.31% Airbnb Rental Income: $2663 Traditional Rental Income: $4854 Airbnb ROI: 0.05% Traditional ROI: 3.31%
13660 SE TARALON Dr Happy Valley, OR This very spacious home offers over 2,500 square feet with an exceptional, highly function...	5 beds \| 3 baths \| 2,524 sq.ft.	$665,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.8% Airbnb Rental Income: $2663 Traditional Rental Income: $3938 Airbnb ROI: 0.72% Traditional ROI: 3.8%
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.	$924,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.35% Airbnb Rental Income: $3569 Traditional Rental Income: $4325 Airbnb ROI: 0.56% Traditional ROI: 2.35%
12510 SE MT SCOTT Blvd Happy Valley, OR A rare opportunity to secure nearly one acre in one of the area's most coveted luxury comm...	3 beds \| 2 baths \| 1,942 sq.ft.	$535,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.17% Airbnb Rental Income: $2379 Traditional Rental Income: $3063 Airbnb ROI: 1.63% Traditional ROI: 4.17%
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.	$779,990	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.8% Airbnb Rental Income: $2663 Traditional Rental Income: $3720 Airbnb ROI: 0.47% Traditional ROI: 2.8%
15546 SE Clatsop St Happy Valley, OR On a spacious and private .45-acre lot, this beautifully updated 3-bedroom home offers the...	3 beds \| 1 baths \| 1,116 sq.ft.	$500,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.07% Airbnb Rental Income: $2379 Traditional Rental Income: $2675 Airbnb ROI: 2.19% Traditional ROI: 4.07%
15395 SE FRYE St Happy Valley, OR Custom-built by Lennar, this impeccably kept two-story home blends timeless craftsmanship ...	4 beds \| 3 baths \| 3,507 sq.ft.	$916,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.58% Airbnb Rental Income: $3569 Traditional Rental Income: $4249 Airbnb ROI: 0.86% Traditional ROI: 2.58%
0 SE Maple Hill Ln Happy Valley, OR 0 SE Maple Hill Ln, Happy Valley, OR 97086 \| Other	N/A beds \| N/A baths \| N/A	$289,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.93% Airbnb Rental Income: $1239 Traditional Rental Income: $1426 Airbnb ROI: 0.79% Traditional ROI: 2.93%
10534 SE VRADENBURG Rd Happy Valley, OR Discover nearly 11 acres in the coveted Scouters Mountain, offering incredible potential f...	5 beds \| 4 baths \| 6,296 sq.ft.	$2,300,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.07% Airbnb Rental Income: $2663 Traditional Rental Income: $3855 Airbnb ROI: -0.93% Traditional ROI: -0.07%
10258 SE Bristol Ln Happy Valley, OR Graystone at Altamont, Refined Elegance in Happy Valley! Classic in style, generous in spa...	2 beds \| 2 baths \| 1,379 sq.ft.	$465,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.38% Airbnb Rental Income: $1733 Traditional Rental Income: $1999 Airbnb ROI: -0.33% Traditional ROI: 1.38%
9385 SE Hamilton Ln Happy Valley, OR Open Sun 1:30-3:30. Beautifully maintained and privately situated home in desirable Lincol...	5 beds \| 4 baths \| 3,681 sq.ft.	$879,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.94% Airbnb Rental Income: $2663 Traditional Rental Income: $3776 Airbnb ROI: -0.19% Traditional ROI: 1.94%
14445 SE MOUNTAIN RIDGE Ave Happy Valley, OR OPEN SUNDAY JUNE 28TH 1-3PM This highly sought-after Ridgecrest home is loaded with ...	4 beds \| 3 baths \| 2,960 sq.ft.	$975,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 1.21% Airbnb Rental Income: $3569 Traditional Rental Income: $3155 Airbnb ROI: 0.81% Traditional ROI: 1.21%
9380 SE Emmert View Ct Happy Valley, OR 9380 SE Emmert View Ct, Portland, OR 97086 \| Other	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.61% Airbnb Rental Income: $1239 Traditional Rental Income: $1722 Airbnb ROI: 0.89% Traditional ROI: 4.61%
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: -0.45% Traditional cash on cash: 1.5% Airbnb Rental Income: $1239 Traditional Rental Income: $2004 Airbnb ROI: -0.45% 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.	$699,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.61% Airbnb Rental Income: $2663 Traditional Rental Income: $5391 Airbnb ROI: 0.45% Traditional ROI: 5.61%
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: -11.6% Traditional cash on cash: 1.29% Airbnb Rental Income: $900 Traditional Rental Income: $1516 Airbnb ROI: -11.6% 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.	$664,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.68% Airbnb Rental Income: $2663 Traditional Rental Income: $4440 Airbnb ROI: 0.79% Traditional ROI: 4.68%
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: 4.44% Traditional cash on cash: 10.54% Airbnb Rental Income: $1733 Traditional Rental Income: $2467 Airbnb ROI: 4.44% Traditional ROI: 10.54%
12444 SE SPENCER Ct Happy Valley, OR Nestled in sought-after Carron Estates in Happy Valley, this spacious 5 bedroom, 3 bathroo...	5 beds \| 3 baths \| 3,122 sq.ft.	$839,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.51% Airbnb Rental Income: $2663 Traditional Rental Income: $4534 Airbnb ROI: 0.31% Traditional ROI: 3.51%
15915 SE MONNER Rd Happy Valley, OR HUGE PRICE REDUCTION. DON'T MISS THIS! Tucked away on a private acre in Happy Valley, this...	4 beds \| 4 baths \| 2,783 sq.ft.	$699,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 4.84% Airbnb Rental Income: $3569 Traditional Rental Income: $4695 Airbnb ROI: 1.91% Traditional ROI: 4.84%
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: 0.84% Traditional cash on cash: 3.32% Airbnb Rental Income: $2663 Traditional Rental Income: $4001 Airbnb ROI: 0.84% 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.	$799,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.53% Airbnb Rental Income: $3569 Traditional Rental Income: $4630 Airbnb ROI: 1.06% Traditional ROI: 3.53%
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: 2.57% Traditional cash on cash: 2.75% Airbnb Rental Income: $2379 Traditional Rental Income: $1861 Airbnb ROI: 2.57% Traditional ROI: 2.75%
9000 SE Con Battin Rd Happy Valley, OR 9000 SE Con Battin Rd, Portland, OR 97086 \| Other	3 beds \| 2 baths \| 1,233 sq.ft.	$390,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 0.01% Airbnb Rental Income: $2379 Traditional Rental Income: $815 Airbnb ROI: 2.69% Traditional ROI: 0.01%
13191 SE Regency View St Happy Valley, OR Designed by a professional architectural designer, Regency Residence is one of the Pacific...	5 beds \| 4 baths \| 4,634 sq.ft.	$1,750,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.52% Airbnb Rental Income: $2663 Traditional Rental Income: $5570 Airbnb ROI: -0.66% Traditional ROI: 1.52%
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.	$1,899,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.76% Airbnb Rental Income: $2663 Traditional Rental Income: $7419 Airbnb ROI: -1.29% Traditional ROI: 1.76%
12143 SE 104TH Ct Happy Valley, OR Spacious two-story condo in the heart of Happy Valley offering over 1,600 square feet of l...	3 beds \| 3 baths \| 1,647 sq.ft.	$250,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.21% Airbnb Rental Income: $2379 Traditional Rental Income: $3004 Airbnb ROI: 0.08% Traditional ROI: 5.21%
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: 2.44% Traditional cash on cash: 2.38% Airbnb Rental Income: $3569 Traditional Rental Income: $2747 Airbnb ROI: 2.44% 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: 0.5% Traditional cash on cash: 2.65% Airbnb Rental Income: $2663 Traditional Rental Income: $3726 Airbnb ROI: 0.5% 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: 0.46% Traditional cash on cash: 4.12% Airbnb Rental Income: $2663 Traditional Rental Income: $4964 Airbnb ROI: 0.46% Traditional ROI: 4.12%

Real Estate investment in Happy-valley, OR

There are 97 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $674,596 and the average price per square foot is $243. In July 2026, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $3,615.

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

There are 97 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 $3,615.

Your search for investment property begins and ends here

Investment Property for Sale in Happy Valley, OR

14700 SE Clatsop St

Happy Valley, OR

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

$1,399,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $3569

Traditional Rental Income: $6312

Airbnb ROI: 0.18%

Traditional ROI: 2.89%

13841 SE HAMPSHIRE Ct

Happy Valley, OR

5 beds | 3 baths | 2,365 sq.ft.

$728,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $2663

Traditional Rental Income: $3767

Airbnb ROI: 0.43%

Traditional ROI: 2.99%

14687 SE Pebble Beach Dr

Happy Valley, OR

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

$879,999

Airbnb cash on cash: -0.01%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $2379

Traditional Rental Income: $3194

Airbnb ROI: -0.01%

Traditional ROI: 1.7%

11840 SE TIMBER VALLEY Dr

Happy Valley, OR

5 beds | 3 baths | 2,540 sq.ft.

$649,700

Airbnb cash on cash: 1.07%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $2663

Traditional Rental Income: $4063

Airbnb ROI: 1.07%

Traditional ROI: 4.42%

15630 SE VIVIAN Way

Happy Valley, OR

3 beds | 3 baths | 1,896 sq.ft.

$419,000

Airbnb cash on cash: 1.43%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $2379

Traditional Rental Income: $3318

Airbnb ROI: 1.43%

Traditional ROI: 5.31%

12105 SE HIGH CREEK Rd

Happy Valley, OR

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

$384,900

Airbnb cash on cash: 2.54%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $2379

Traditional Rental Income: $3291

Airbnb ROI: 2.54%

Traditional ROI: 6.69%

10445 SE 147TH Ave

Happy Valley, OR

5 beds | 4 baths | 4,595 sq.ft.

$999,888

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $2663

Traditional Rental Income: $5458

Airbnb ROI: -0.21%

Traditional ROI: 3.47%

10209 SE Bristol Ln

Happy Valley, OR

2 beds | 2 baths | 1,152 sq.ft.

$424,900

Airbnb cash on cash: -0.13%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $1733

Traditional Rental Income: $2455

Airbnb ROI: -0.13%