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.

Single Family Homes for Sale in Happy Valley, OR

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

Showing 87 Single Family Residential 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
12843 SE 155TH AVE Happy Valley, OR This beautifully refreshed 2015 TownHOME is move-in ready. Featuring brand new carpet, fre...	3 beds \| 3 baths \| 1,942 sq.ft.	$429,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.67% Airbnb Rental Income: $2077 Traditional Rental Income: $3481 Airbnb ROI: 0.86% Traditional ROI: 5.67%
12245 SE QUIETWOODS ST Happy Valley, OR Live in the heart of Happy Valley, walking distance to many stores and restaurants but on ...	4 beds \| 3 baths \| 2,496 sq.ft.	$655,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.35% Airbnb Rental Income: $2762 Traditional Rental Income: $3940 Airbnb ROI: 1.36% Traditional ROI: 4.35%
12942 SE 155TH AVE Happy Valley, OR Light, bright, and move-in ready Townhome! Don't miss this coveted corner unit with direct...	3 beds \| 3 baths \| 1,942 sq.ft.	$443,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.07% Airbnb Rental Income: $2077 Traditional Rental Income: $3738 Airbnb ROI: 0.78% Traditional ROI: 6.07%
15037 SE SPANISH BAY DR Happy Valley, OR Move In Ready Gorgeous & Immac Jackson Hills Home w/Territorial view, Seller will offer ne...	4 beds \| 4 baths \| 5,073 sq.ft.	$935,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.87% Airbnb Rental Income: $2762 Traditional Rental Income: $5388 Airbnb ROI: 0.1% Traditional ROI: 3.87%
9119 SE Highgate DR Happy Valley, OR View seekers look no further! This incredible, unimpeded westward gazing view of the Valle...	3 beds \| 3 baths \| 2,083 sq.ft.	$724,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.2% Airbnb Rental Income: $2077 Traditional Rental Income: $3717 Airbnb ROI: -0.02% Traditional ROI: 3.2%
8900 SE CHLOE LN Happy Valley, OR This abode welcomes you with soaring vaulted ceilings. The kitchen includes stainless stee...	3 beds \| 3 baths \| 1,606 sq.ft.	$375,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 5.71% Airbnb Rental Income: $2077 Traditional Rental Income: $2911 Airbnb ROI: 1.82% Traditional ROI: 5.71%
9175 SE LYNN LN Happy Valley, OR OPEN HOUSE SUN 10/19 FROM 1-3 PM This 2,117 sq ft split-level home in Happy Valley, OR, f...	4 beds \| 3 baths \| 2,117 sq.ft.	$575,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.89% Airbnb Rental Income: $2762 Traditional Rental Income: $3757 Airbnb ROI: 1.83% Traditional ROI: 4.89%
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.	$773,500	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.51% Airbnb Rental Income: $2220 Traditional Rental Income: $4294 Airbnb ROI: -0.14% Traditional ROI: 3.51%
8727 SE MARGIE WAY Happy Valley, OR Welcome to this beautifully maintained Craftsman-style home in the highly sought-after Fal...	4 beds \| 3 baths \| 2,859 sq.ft.	$665,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.25% Airbnb Rental Income: $2762 Traditional Rental Income: $4387 Airbnb ROI: 0.58% Traditional ROI: 4.25%
11574 SE ROSS RD Happy Valley, OR Seller may consider buyer concessions if made in an offer. Welcome to a truly exceptional ...	4 beds \| 4 baths \| 3,277 sq.ft.	$697,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.55% Airbnb Rental Income: $2762 Traditional Rental Income: $4030 Airbnb ROI: 0.6% Traditional ROI: 3.55%
12027 SE CICELY LN Happy Valley, OR Absolutely amazing custom-built home at the top of Spring Mountain overlooking the valley ...	4 beds \| 3 baths \| 3,044 sq.ft.	$845,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.42% Airbnb Rental Income: $2762 Traditional Rental Income: $4496 Airbnb ROI: 0.39% Traditional ROI: 3.42%
10257 SE CRESCENT RIDGE LOOP Happy Valley, OR Welcome to a home that doesnât just check boxesâit speaks to the heart. Nestled in the...	4 beds \| 5 baths \| 5,653 sq.ft.	$1,390,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 2.75% Airbnb Rental Income: $2762 Traditional Rental Income: $6798 Airbnb ROI: -0.87% Traditional ROI: 2.75%
8512 SE CONSTANCE DR Happy Valley, OR Stunning, high-quality home with custom touches and plenty of space to enjoy. Walk through...	5 beds \| 3 baths \| 3,984 sq.ft.	$995,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.11% Airbnb Rental Income: $2220 Traditional Rental Income: $4325 Airbnb ROI: -0.77% Traditional ROI: 2.11%
12510 SE MT SCOTT BLVD Happy Valley, OR One level custom build-to-suit home located in prestigious Happy Valley neighborhood. Cus...	4 beds \| 5 baths \| 4,235 sq.ft.	$2,699,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 0.05% Airbnb Rental Income: $2762 Traditional Rental Income: $3063 Airbnb ROI: -0.33% Traditional ROI: 0.05%
10520 SE ISAAC DR Happy Valley, OR Welcome home to this charming and meticulously maintained two-story residence, move-in rea...	4 beds \| 3 baths \| 3,814 sq.ft.	$980,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.82% Airbnb Rental Income: $2762 Traditional Rental Income: $4548 Airbnb ROI: 0.15% Traditional ROI: 2.82%
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 \| 3 baths \| 1,480 sq.ft.	$435,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.44% Airbnb Rental Income: $2077 Traditional Rental Income: $2564 Airbnb ROI: 0.93% Traditional ROI: 3.44%
14956 SE PEBBLE BEACH DR Happy Valley, OR Nestled in Happy Valley's desirable Jackson Hills neighborhood, this is the best value on ...	5 beds \| 4 baths \| 4,670 sq.ft.	$959,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.89% Airbnb Rental Income: $2220 Traditional Rental Income: $5437 Airbnb ROI: -0.34% Traditional ROI: 3.89%
13307 SE WOODLAND CIR Happy Valley, OR Perched just one extra flight above it all, this home rewards you with unobstructed, breat...	3 beds \| 3 baths \| 2,879 sq.ft.	$679,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.86% Airbnb Rental Income: $2077 Traditional Rental Income: $3872 Airbnb ROI: 0.18% Traditional ROI: 3.86%
11480 SE AQUILA ST Happy Valley, OR Calling All Golf Lovers â Meticulous Happy Valley Townhome Move in Ready! This beautiful...	3 beds \| 3 baths \| 1,480 sq.ft.	$439,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.53% Airbnb Rental Income: $2077 Traditional Rental Income: $2669 Airbnb ROI: 0.79% Traditional ROI: 3.53%
15332 SE LEWIS ST Happy Valley, OR Don't Miss This Stunning Model Home â Loaded with Luxury Upgrades!Step into the lifestyl...	4 beds \| 3 baths \| 2,639 sq.ft.	$829,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 1.32% Airbnb Rental Income: $2762 Traditional Rental Income: $2683 Airbnb ROI: 0.58% Traditional ROI: 1.32%
14612 SE NATALYA ST Happy Valley, OR Located in the charming Happy Valley community, tri-level craftsman style, this inviting 5...	5 beds \| 4 baths \| 3,072 sq.ft.	$683,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.45% Airbnb Rental Income: $2220 Traditional Rental Income: $3744 Airbnb ROI: 0.18% Traditional ROI: 3.45%
14133 SE ALTA VISTA DR Happy Valley, OR This architecturally striking home in the hills of Happy Valley offers nearly 4,800 square...	4 beds \| 4 baths \| 4,783 sq.ft.	$929,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.87% Airbnb Rental Income: $2762 Traditional Rental Income: $4282 Airbnb ROI: -0.64% Traditional ROI: 1.87%
12989 SE MOUNTAIN GATE RD Happy Valley, OR Discover the ultimate luxury living experience in this stunning 4,275 square foot home, lo...	4 beds \| 5 baths \| 4,275 sq.ft.	$1,089,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.61% Airbnb Rental Income: $2762 Traditional Rental Income: $5161 Airbnb ROI: -0.4% Traditional ROI: 2.61%
11719 SE SOLOMON CT Happy Valley, OR Luxury Living with Captivating Mt. Hood Views. Welcome to your luxurious retreat, ideally ...	5 beds \| 5 baths \| 6,806 sq.ft.	$1,999,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 0.68% Airbnb Rental Income: $2220 Traditional Rental Income: $5271 Airbnb ROI: -1.27% Traditional ROI: 0.68%
10649 SE LEOPARD LN Happy Valley, OR Step into this stunning property blending modern elegance with farmhouse charm. This Stone...	5 beds \| 3 baths \| 2,989 sq.ft.	$769,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.75% Airbnb Rental Income: $2220 Traditional Rental Income: $2951 Airbnb ROI: -0.05% Traditional ROI: 1.75%
14920 SE PAGE PARK CT Happy Valley, OR Excellent layout with space for everything featuring sweeping territorial views on this qu...	5 beds \| 4 baths \| 3,663 sq.ft.	$749,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.41% Airbnb Rental Income: $2220 Traditional Rental Income: $4241 Airbnb ROI: -0.28% Traditional ROI: 3.41%
11294 SE WESTCHESTER AVE Happy Valley, OR << Back on market due to buyer getting cold feet >>. Discover this beautiful Traditional C...	3 beds \| 3 baths \| 2,503 sq.ft.	$815,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.38% Airbnb Rental Income: $2077 Traditional Rental Income: $2773 Airbnb ROI: -0.24% Traditional ROI: 1.38%
8870 SE SPENCER DR Happy Valley, OR Beautiful home on an oversized lot with so much room for hobbies, toys, RVs, tools, or pos...	4 beds \| 3 baths \| 2,007 sq.ft.	$599,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.5% Airbnb Rental Income: $2762 Traditional Rental Income: $3646 Airbnb ROI: 1.76% Traditional ROI: 4.5%
9365 SE PENNINGTON CT Happy Valley, OR Open house 10/5/25 12-3PM. Price reduced. Welcome to an exquisite, fully custom-built resi...	4 beds \| 4 baths \| 4,020 sq.ft.	$1,150,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.8% Airbnb Rental Income: $2762 Traditional Rental Income: $3740 Airbnb ROI: -0.72% Traditional ROI: 0.8%
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 \| 3 baths \| 2,632 sq.ft.	$689,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.51% Airbnb Rental Income: $2077 Traditional Rental Income: $3957 Airbnb ROI: -0.25% Traditional ROI: 3.51%
11279 SE FALCO ST Happy Valley, OR Welcome to this beautifully maintained 3-bedroom, 2.5-bath home in the sought-after Volare...	3 beds \| 3 baths \| 1,477 sq.ft.	$425,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.61% Airbnb Rental Income: $2077 Traditional Rental Income: $2746 Airbnb ROI: 0.59% Traditional ROI: 3.61%
8220 SE GRAY ST Happy Valley, OR Beautifully remodeled home including new roof! This charming Happy Valley home is move-in ...	4 beds \| 2 baths \| 1,337 sq.ft.	$399,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 5.33% Airbnb Rental Income: $2762 Traditional Rental Income: $2690 Airbnb ROI: 3.79% Traditional ROI: 5.33%
12972 SE 156TH AVE Happy Valley, OR This is the one youâve been waiting forâbeautifully updated, full of natural light, an...	3 beds \| 3 baths \| 1,438 sq.ft.	$420,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.33% Airbnb Rental Income: $2077 Traditional Rental Income: $3179 Airbnb ROI: 1.17% Traditional ROI: 5.33%
12958 SE 156TH AVE Happy Valley, OR This is the one youâve been waiting forâupdated, light-filled, and perfectly located i...	3 beds \| 3 baths \| 1,438 sq.ft.	$420,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.3% Airbnb Rental Income: $2077 Traditional Rental Income: $3179 Airbnb ROI: 1.14% Traditional ROI: 5.3%
15688 SE MISTY DR Happy Valley, OR Remodeled Morningside Townhome with a View. Charming covered front porch. Light and bright...	3 beds \| 3 baths \| 1,510 sq.ft.	$399,100	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.62% Airbnb Rental Income: $2077 Traditional Rental Income: $2809 Airbnb ROI: 1.23% Traditional ROI: 4.62%
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 \| 4 baths \| 3,060 sq.ft.	$675,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 6.27% Airbnb Rental Income: $2220 Traditional Rental Income: $5269 Airbnb ROI: 0.54% Traditional ROI: 6.27%
15172 SE SPANISH BAY DR Happy Valley, OR BOM no fault of home or seller, buyer lost financing. Jackson Hills 2015 custom-built home...	4 beds \| 4 baths \| 3,554 sq.ft.	$975,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.54% Airbnb Rental Income: $2762 Traditional Rental Income: $6159 Airbnb ROI: 0.08% Traditional ROI: 4.54%
12841 SE WELLINGTON CT Happy Valley, OR Price improvement! Your new home in the center of Happy Valley awaits! It features 4 Bedro...	4 beds \| 4 baths \| 4,346 sq.ft.	$1,025,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.35% Airbnb Rental Income: $2762 Traditional Rental Income: $5459 Airbnb ROI: -0.16% Traditional ROI: 3.35%
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 \| 3 baths \| 1,923 sq.ft.	$636,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 4.23% Airbnb Rental Income: $2762 Traditional Rental Income: $3887 Airbnb ROI: 1.24% Traditional ROI: 4.23%
9645 SE WESTVIEW CT Happy Valley, OR HUGE PRICE DROP! Come cool off this weekend in the A/C at this beautiful NW Contemporary h...	4 beds \| 3 baths \| 3,600 sq.ft.	$699,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.68% Airbnb Rental Income: $2762 Traditional Rental Income: $4687 Airbnb ROI: 0.73% Traditional ROI: 4.68%

Your search for investment property begins and ends here

Single Family Homes for Sale in Happy Valley, OR

12843 SE 155TH AVE

Happy Valley, OR

3 beds | 3 baths | 1,942 sq.ft.

$429,900

Airbnb cash on cash: 0.86%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $2077

Traditional Rental Income: $3481

Airbnb ROI: 0.86%

Traditional ROI: 5.67%

12245 SE QUIETWOODS ST

Happy Valley, OR

4 beds | 3 baths | 2,496 sq.ft.

$655,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $2762

Traditional Rental Income: $3940

Airbnb ROI: 1.36%

Traditional ROI: 4.35%

12942 SE 155TH AVE

Happy Valley, OR

3 beds | 3 baths | 1,942 sq.ft.

$443,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $2077

Traditional Rental Income: $3738

Airbnb ROI: 0.78%

Traditional ROI: 6.07%

15037 SE SPANISH BAY DR

Happy Valley, OR

4 beds | 4 baths | 5,073 sq.ft.

$935,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $2762

Traditional Rental Income: $5388

Airbnb ROI: 0.1%

Traditional ROI: 3.87%

9119 SE Highgate DR

Happy Valley, OR

3 beds | 3 baths | 2,083 sq.ft.

$724,900

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $2077

Traditional Rental Income: $3717

Airbnb ROI: -0.02%

Traditional ROI: 3.2%

8900 SE CHLOE LN

Happy Valley, OR

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

$375,000

Airbnb cash on cash: 1.82%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $2077

Traditional Rental Income: $2911

Airbnb ROI: 1.82%

Traditional ROI: 5.71%

9175 SE LYNN LN

Happy Valley, OR

4 beds | 3 baths | 2,117 sq.ft.

$575,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $2762

Traditional Rental Income: $3757

Airbnb ROI: 1.83%

Traditional ROI: 4.89%

13087 SE GATEWAY DR

Happy Valley, OR

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

$773,500

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $2220

Traditional Rental Income: $4294

Airbnb ROI: -0.14%