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
11086 SE RIMROCK Dr Happy Valley, OR Striking NW Contemporary home in Happy Valley with scenic views, open-concept design, and ...	4 beds \| 2 baths \| 2,464 sq.ft.	$729,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $3529 Airbnb ROI: N/A Traditional ROI: 2.76%
12843 SE 155TH Ave Happy Valley, OR This beautifully refreshed 2015 TownHOME is move-in ready. Featuring brand new carpet, fre...	4 beds \| 2 baths \| 1,942 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $3481 Airbnb ROI: N/A Traditional ROI: 5.67%
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%
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%
8900 SE Chloe Ln Happy Valley, OR This home welcomes you with soaring vaulted ceilings. The kitchen includes stainless steel...	3 beds \| 2 baths \| 1,606 sq.ft.	$367,500	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.67% Airbnb Rental Income: $1645 Traditional Rental Income: $2911 Airbnb ROI: 0.75% Traditional ROI: 5.67%
9175 SE Lynn Ln Happy Valley, OR Welcome home to this beautifully refreshed split-level in the heart of Happy Valley, perfe...	4 beds \| 3 baths \| 2,025 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $3757 Airbnb ROI: N/A Traditional ROI: 4.86%
13087 SE GATEWAY Dr Happy Valley, OR Experience the perfect blend of style and function in this bright, like-new home with an e...	5 beds \| 3 baths \| 2,819 sq.ft.	$749,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $4294 Airbnb ROI: N/A Traditional ROI: 3.65%
11840 SE TIMBER VALLEY Dr Happy Valley, OR This charming traditional home is in a prime location in Happy Valley, within a few blocks...	5 beds \| 3 baths \| 2,540 sq.ft.	$635,800	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $4063 Airbnb ROI: N/A Traditional ROI: 4.57%
11292 SE FALCO St Happy Valley, OR Welcome to this end unit townhome in ultra desirable community of Happy Valley, where ligh...	3 beds \| 2 baths \| 1,950 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $3033 Airbnb ROI: N/A Traditional ROI: 4.01%
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: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 3.26%
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: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 3.5%
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: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $3720 Airbnb ROI: N/A Traditional ROI: 2.53%
11480 SE AQUILA St Happy Valley, OR Stylish, Move-In Ready Townhome! Welcome to this meticulously maintained 1,430 sq. ft. tow...	3 beds \| 2 baths \| 1,480 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2669 Airbnb ROI: N/A Traditional ROI: 3.93%
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: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 3.38%
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: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $5271 Airbnb ROI: N/A Traditional ROI: 0.63%
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%
11294 SE Westchester Ave Happy Valley, OR << Back on market due to buyer getting cold feet >>. Discover this beautiful Traditional C...	3 beds \| 2 baths \| 2,503 sq.ft.	$790,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.46% Airbnb Rental Income: $null Traditional Rental Income: $2773 Airbnb ROI: N/A Traditional ROI: 1.46%
10932 SE HILLTOP Ct Happy Valley, OR Welcome Home! This stunning 3BR/2.5BA 2 story home offers 2,632 sqft of living space and h...	3 beds \| 2 baths \| 2,632 sq.ft.	$689,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $3957 Airbnb ROI: N/A Traditional ROI: 3.51%
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: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $5269 Airbnb ROI: N/A Traditional ROI: 6.55%
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.	$613,000	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 HUGE PRICE DROP! One Owner, Premium Upgrades, Home Warranty Included and all appliances to...	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: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $4440 Airbnb ROI: N/A Traditional ROI: 4.4%
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%
10547 SE CHARLOTTE Dr Happy Valley, OR Charming home near Mt. Talbert & Mt. Scott, close to Portland & Clackamas Town Center. Eas...	4 beds \| 3 baths \| 3,607 sq.ft.	$898,800	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $5395 Airbnb ROI: N/A Traditional ROI: 4.04%
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%
12173 SE 104TH Ct Happy Valley, OR Charming Condo in Prime Location - Walk to Medical Center, Coffee Shops & More!Welcome to ...	2 beds \| 2 baths \| 1,208 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2225 Airbnb ROI: N/A Traditional ROI: 3.28%
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%
9488 SE GRACE Cir Happy Valley, OR Welcome to this elegant craftsman-style home nestled in Happy Valley's highly desirable Li...	5 beds \| 3 baths \| 3,079 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $5652 Airbnb ROI: N/A Traditional ROI: 5.89%
14822 SE Natalya St Happy Valley, OR Lots of room for everyone here! New paint and carpet throughout the house. Spacious kitche...	5 beds \| 4 baths \| 4,624 sq.ft.	$869,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $4001 Airbnb ROI: N/A Traditional ROI: 3.26%
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%
12281 SE BARI Ave Happy Valley, OR One owner home w/ peek-a-boo Mt. Hood & territorial views to SE. One level living with bon...	4 beds \| 2 baths \| 3,022 sq.ft.	$820,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $3533 Airbnb ROI: N/A Traditional ROI: 2.08%
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%
12762 SE 157TH Ave Happy Valley, OR Immaculately cared-for Craftsman with stunning views of Mt. Hood! Filled with light and ch...	5 beds \| 3 baths \| 3,218 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $5451 Airbnb ROI: N/A Traditional ROI: 5.51%
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.	$659,900	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.	$2,190,000	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%
12027 SE 115TH Ave Happy Valley, OR Light-filled and beautifully updated, this spacious two-level home offers comfort, style, ...	4 beds \| 2 baths \| 2,594 sq.ft.	$654,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $4144 Airbnb ROI: N/A Traditional ROI: 4.61%

Real Estate investment in Happy-valley, OR

There are 87 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $699,900 and the average price per square foot is $257. In February 2026, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $3,529.

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

There are 87 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

11086 SE RIMROCK Dr

Happy Valley, OR

4 beds | 2 baths | 2,464 sq.ft.

$729,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3529

Airbnb ROI: N/A

Traditional ROI: 2.76%

12843 SE 155TH Ave

Happy Valley, OR

4 beds | 2 baths | 1,942 sq.ft.

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.67%

Airbnb Rental Income: $null

Traditional Rental Income: $3481

Airbnb ROI: N/A

Traditional ROI: 5.67%

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%

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%

8900 SE Chloe Ln

Happy Valley, OR

3 beds | 2 baths | 1,606 sq.ft.

$367,500

Airbnb cash on cash: 0.75%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1645

Traditional Rental Income: $2911

Airbnb ROI: 0.75%

Traditional ROI: 5.67%

9175 SE Lynn Ln

Happy Valley, OR

4 beds | 3 baths | 2,025 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.86%

Airbnb Rental Income: $null

Traditional Rental Income: $3757

Airbnb ROI: N/A

Traditional ROI: 4.86%

13087 SE GATEWAY Dr

Happy Valley, OR

5 beds | 3 baths | 2,819 sq.ft.

$749,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.65%

Airbnb Rental Income: $null

Traditional Rental Income: $4294

Airbnb ROI: N/A

Traditional ROI: 3.65%

11840 SE TIMBER VALLEY Dr

Happy Valley, OR

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

$635,800

Airbnb cash on cash: N/A

Traditional cash on cash: 4.57%

Airbnb Rental Income: $null

Traditional Rental Income: $4063

Airbnb ROI: N/A