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
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: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $3960 Airbnb ROI: N/A Traditional ROI: 1.42%
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.	$909,999	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.61% Airbnb Rental Income: $1584 Traditional Rental Income: $3194 Airbnb ROI: -0.82% Traditional ROI: 1.61%
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.	$420,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.93% Airbnb Rental Income: $1319 Traditional Rental Income: $1820 Airbnb ROI: 0.62% Traditional ROI: 2.93%
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.	$970,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.19% Airbnb Rental Income: $1577 Traditional Rental Income: $4325 Airbnb ROI: -1.35% Traditional ROI: 2.19%
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: -0.24% Traditional cash on cash: 3.26% Airbnb Rental Income: $1319 Traditional Rental Income: $3063 Airbnb ROI: -0.24% Traditional ROI: 3.26%
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 \| 3 baths \| 2,852 sq.ft.	$834,900	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.55% Airbnb Rental Income: $1331 Traditional Rental Income: $3720 Airbnb ROI: -1.05% Traditional ROI: 2.55%
15546 SE Clatsop St Happy Valley, OR Welcome to 15546 SE Clatsop Street, a charming and well maintained home nestled in a quiet...	3 beds \| 1 baths \| 1,836 sq.ft.	$515,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.93% Airbnb Rental Income: $1256 Traditional Rental Income: $2675 Airbnb ROI: 0.15% Traditional ROI: 3.93%
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: -1.91% Traditional cash on cash: 0.43% Airbnb Rental Income: $1331 Traditional Rental Income: $5271 Airbnb ROI: -1.91% Traditional ROI: 0.43%
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: -0.94% Traditional cash on cash: 3.35% Airbnb Rental Income: $1224 Traditional Rental Income: $6720 Airbnb ROI: -0.94% 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.	$1,200,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.68% Airbnb Rental Income: $1577 Traditional Rental Income: $2993 Airbnb ROI: -0.99% Traditional ROI: 0.68%
14446 SE Donatello Loop Happy Valley, OR One-level living on a private, level and gated lot with a pool. The home includes generous...	4 beds \| 3 baths \| 3,166 sq.ft.	$1,295,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.95% Airbnb Rental Income: $1577 Traditional Rental Income: $6129 Airbnb ROI: -1.2% Traditional ROI: 2.95%
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: -1.23% Traditional cash on cash: 5% Airbnb Rental Income: $1331 Traditional Rental Income: $5391 Airbnb ROI: -1.23% Traditional ROI: 5%
9645 SE WESTVIEW CT Happy Valley, OR OPEN HOUSE SUNDAY 2/15 FROM 12-2! HUGE PRICE DROP! One Owner, Premium Upgrades, Home Warra...	4 beds \| 2 baths \| N/A	$664,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 4.98% Airbnb Rental Income: $1577 Traditional Rental Income: $4687 Airbnb ROI: -0.77% Traditional ROI: 4.98%
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% Traditional cash on cash: 4.51% Airbnb Rental Income: $1331 Traditional Rental Income: $4440 Airbnb ROI: -1% Traditional ROI: 4.51%
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: 2.7% Traditional cash on cash: 10.54% Airbnb Rental Income: $1319 Traditional Rental Income: $2467 Airbnb ROI: 2.7% 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.	$850,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 3.46% Airbnb Rental Income: $1331 Traditional Rental Income: $4534 Airbnb ROI: -1.11% Traditional ROI: 3.46%
13634 SE 149TH Ter Happy Valley, OR Stunning updated 3-bedroom, 2-bath, 2 level home in the heart of Happy Valley has the perf...	3 beds \| 2 baths \| 1,725 sq.ft.	$440,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.52% Airbnb Rental Income: $1584 Traditional Rental Income: $3228 Airbnb ROI: 0.43% Traditional ROI: 5.52%
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: -1.06% Traditional cash on cash: -1.08% Airbnb Rental Income: $1224 Traditional Rental Income: $815 Airbnb ROI: -1.06% 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: -1.67% Traditional cash on cash: 1.21% Airbnb Rental Income: $1331 Traditional Rental Income: $7330 Airbnb ROI: -1.67% Traditional ROI: 1.21%
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: -1.3% Traditional cash on cash: 1.2% Airbnb Rental Income: $1331 Traditional Rental Income: $5570 Airbnb ROI: -1.3% 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: -1.9% Traditional cash on cash: 1.69% Airbnb Rental Income: $1331 Traditional Rental Income: $7419 Airbnb ROI: -1.9% Traditional ROI: 1.69%
14029 SE SUMMERFIELD Loop Happy Valley, OR Brand new 40 year roof with complete tear off. Beautifully maintained one-level 3 bedroom,...	3 beds \| 2 baths \| 1,334 sq.ft.	$517,950	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.12% Airbnb Rental Income: $1584 Traditional Rental Income: $2512 Airbnb ROI: 0.27% Traditional ROI: 3.12%
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.	$660,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.89% Airbnb Rental Income: $1584 Traditional Rental Income: $3908 Airbnb ROI: -0.62% Traditional ROI: 3.89%
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: -0.59% Traditional cash on cash: 2.84% Airbnb Rental Income: $1577 Traditional Rental Income: $3525 Airbnb ROI: -0.59% 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: -0.52% Traditional cash on cash: 5.46% Airbnb Rental Income: $1577 Traditional Rental Income: $4558 Airbnb ROI: -0.52% Traditional ROI: 5.46%
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: -1.17% Traditional cash on cash: 2.55% Airbnb Rental Income: $1584 Traditional Rental Income: $3354 Airbnb ROI: -1.17% 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: -0.27% Traditional cash on cash: 2.38% Airbnb Rental Income: $1577 Traditional Rental Income: $2747 Airbnb ROI: -0.27% 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: -0.91% Traditional cash on cash: 2.65% Airbnb Rental Income: $1331 Traditional Rental Income: $3726 Airbnb ROI: -0.91% 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: -0.93% Traditional cash on cash: 4.12% Airbnb Rental Income: $1331 Traditional Rental Income: $4964 Airbnb ROI: -0.93% 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: -0.3% Traditional cash on cash: 2.21% Airbnb Rental Income: $1577 Traditional Rental Income: $2685 Airbnb ROI: -0.3% 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: -0.48% Traditional cash on cash: 2.58% Airbnb Rental Income: $1577 Traditional Rental Income: $3251 Airbnb ROI: -0.48% 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: -0.61% Traditional cash on cash: 2.74% Airbnb Rental Income: $1577 Traditional Rental Income: $3686 Airbnb ROI: -0.61% 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: -0.46% Traditional cash on cash: 2.88% Airbnb Rental Income: $1577 Traditional Rental Income: $3424 Airbnb ROI: -0.46% Traditional ROI: 2.88%
The 1594 Plan Happy Valley, OR The 1594 Plan, Happy Valley, OR 97086 \| Single Family Residential	3 beds \| 2 baths \| 1,594 sq.ft.	$644,960	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.13% Airbnb Rental Income: $1584 Traditional Rental Income: $2555 Airbnb ROI: -0.24% Traditional ROI: 2.13%
The 1670 Plan Happy Valley, OR The 1670 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 2 baths \| 1,670 sq.ft.	$629,960	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.37% Airbnb Rental Income: $1577 Traditional Rental Income: $2643 Airbnb ROI: -0.21% Traditional ROI: 2.37%
The 2260 Plan Happy Valley, OR The 2260 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,260 sq.ft.	$747,460	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.66% Airbnb Rental Income: $1577 Traditional Rental Income: $3313 Airbnb ROI: -0.48% Traditional ROI: 2.66%
The 2038 Plan Happy Valley, OR The 2038 Plan, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 2 baths \| 2,038 sq.ft.	$664,960	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.54% Airbnb Rental Income: $1577 Traditional Rental Income: $2887 Airbnb ROI: -0.3% Traditional ROI: 2.54%
The 3370 Plan Happy Valley, OR The 3370 Plan, Happy Valley, OR 97086 \| Single Family Residential	6 beds \| 3 baths \| 3,370 sq.ft.	$849,960	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.86% Airbnb Rental Income: $1331 Traditional Rental Income: $3915 Airbnb ROI: -0.92% Traditional ROI: 2.86%
10767 SE TURNBERRY Loop Happy Valley, OR Gorgeous DR Horton 4-bedroom, 2.5-bath home on an extra-large .32-acre lot in the desirabl...	4 beds \| 3 baths \| 2,516 sq.ft.	$750,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 2.2% Airbnb Rental Income: $1577 Traditional Rental Income: $3372 Airbnb ROI: -1.01% Traditional ROI: 2.2%

Real Estate investment in Happy-valley, OR

There are 70 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $779,500 and the average price per square foot is $266. 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 $3,523.

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

There are 70 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 $3,523.

Your search for investment property begins and ends here

Investment Property for Sale in Happy Valley, OR

14985 SE Northern Heights Dr

Happy Valley, OR

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

$1,150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.42%

Airbnb Rental Income: $null

Traditional Rental Income: $3960

Airbnb ROI: N/A

Traditional ROI: 1.42%

14687 SE Pebble Beach Dr

Happy Valley, OR

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

$909,999

Airbnb cash on cash: -0.82%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $1584

Traditional Rental Income: $3194

Airbnb ROI: -0.82%

Traditional ROI: 1.61%

8424 SE Cornwell Ave

Happy Valley, OR

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

$420,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $1319

Traditional Rental Income: $1820

Airbnb ROI: 0.62%

Traditional ROI: 2.93%

8512 SE Constance Dr

Happy Valley, OR

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

$970,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1577

Traditional Rental Income: $4325

Airbnb ROI: -1.35%

Traditional ROI: 2.19%

12510 SE MT SCOTT Blvd

Happy Valley, OR

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

$659,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $1319

Traditional Rental Income: $3063

Airbnb ROI: -0.24%

Traditional ROI: 3.26%

14764 SE WALLOWA Way

Happy Valley, OR

5 beds | 3 baths | 2,852 sq.ft.

$834,900

Airbnb cash on cash: -1.05%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $1331

Traditional Rental Income: $3720

Airbnb ROI: -1.05%

Traditional ROI: 2.55%

15546 SE Clatsop St

Happy Valley, OR

3 beds | 1 baths | 1,836 sq.ft.

$515,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1256

Traditional Rental Income: $2675

Airbnb ROI: 0.15%

Traditional ROI: 3.93%

11719 SE SOLOMON Ct

Happy Valley, OR

5 beds | 4 baths | 6,806 sq.ft.

$1,899,900

Airbnb cash on cash: -1.91%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $1331

Traditional Rental Income: $5271

Airbnb ROI: -1.91%