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 138 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
16588 SW Matador Ln Portland, OR OPEN SATURDAY 1-3 & OPEN SUNDAY 2-4 - Experience the quintessential PNW lifestyle in King ...	2 beds \| 2 baths \| 1,224 sq.ft.	$410,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.58% Airbnb Rental Income: $1372 Traditional Rental Income: $2181 Airbnb ROI: -0.61% Traditional ROI: 2.58%
10205 NW Village Heights Dr Portland, OR Beautiful Forest Heights, miles of hiking trails, preferable end unit with vaulted ceiling...	2 beds \| 2 baths \| 1,376 sq.ft.	$435,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 0.76% Airbnb Rental Income: $1223 Traditional Rental Income: $1946 Airbnb ROI: -1.98% Traditional ROI: 0.76%
5427 SE 121st Ave Portland, OR New Roof, Exterior Paint & Furnace!! This charming 3-bedroom, 2.5 bath home offers the per...	3 beds \| 2 baths \| 1,258 sq.ft.	$373,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2868 Airbnb ROI: N/A Traditional ROI: 5.83%
4815 SW 1st Ave Portland, OR Dreaming of owning a home in one of the most convenient and desirable locations near Downt...	3 beds \| 2 baths \| 1,608 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 3.14%
6520 NE GRAND Ave Portland, OR This thoughtfully designed contemporary townhome sits right in the heart of the Dekum neig...	4 beds \| 3 baths \| 2,736 sq.ft.	$795,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 2.44% Airbnb Rental Income: $1254 Traditional Rental Income: $3649 Airbnb ROI: -1.33% Traditional ROI: 2.44%
9636 NW Miller Hill Dr Portland, OR Stunning Forest Heights townhome backing up to private greenspace! Greeted by soaring ceil...	2 beds \| 1 baths \| 1,167 sq.ft.	$399,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 2.24% Airbnb Rental Income: $1223 Traditional Rental Income: $2407 Airbnb ROI: -1.97% Traditional ROI: 2.24%
3626 SE 27th Ave Portland, OR Welcome to your ideal Creston/Clinton lifestyle! This thoughtfully designed modern home is...	3 beds \| 2 baths \| 1,743 sq.ft.	$520,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.38% Airbnb Rental Income: $905 Traditional Rental Income: $2968 Airbnb ROI: -1.35% Traditional ROI: 3.38%
10923 SW Sage Ter Portland, OR Welcome to Village at Summer Creek, a beautifully maintained end-unit townhome offering ab...	2 beds \| 2 baths \| 1,354 sq.ft.	$389,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.6% Airbnb Rental Income: $1725 Traditional Rental Income: $2806 Airbnb ROI: 0.33% Traditional ROI: 4.6%
10217 NW Alder Grove Ln Portland, OR Located in the highly desirable Forest Heights community, this corner-unit townhouse featu...	2 beds \| 2 baths \| 1,398 sq.ft.	$415,000	Airbnb cash on cash: -2.99% Traditional cash on cash: 0.83% Airbnb Rental Income: $1223 Traditional Rental Income: $2318 Airbnb ROI: -2.99% Traditional ROI: 0.83%
15490 NW Tee Ct Portland, OR Backing to greenspace with sunny southern exposure, this coveted END-UNIT townhome offers ...	2 beds \| 2 baths \| 1,848 sq.ft.	$524,900	Airbnb cash on cash: -2.1% Traditional cash on cash: 3.03% Airbnb Rental Income: $1223 Traditional Rental Income: $3346 Airbnb ROI: -2.1% Traditional ROI: 3.03%
11325 SW EUCALYPTUS Pl Portland, OR The seller will pay off the special assessment at closing, making HOA dues at $370/mo....	2 beds \| 2 baths \| 1,338 sq.ft.	$360,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.5% Airbnb Rental Income: $1725 Traditional Rental Income: $2411 Airbnb ROI: 0.06% Traditional ROI: 3.5%
8711 N Crawford St Portland, OR This charmingtownhome has been given a #glowup facelift with new carpet and flooring, shak...	2 beds \| 3 baths \| 1,440 sq.ft.	$359,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 2.83% Airbnb Rental Income: $1510 Traditional Rental Income: $2054 Airbnb ROI: -0.1% Traditional ROI: 2.83%
3312 SW 1st Ave Portland, OR Contemporary Townhouse located in Liar Hill. Close to downtown, parks, transportation. Thi...	3 beds \| 2 baths \| 2,123 sq.ft.	$580,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $3689 Airbnb ROI: N/A Traditional ROI: 4.2%
5563 SW Multnomah Blvd Portland, OR Charming End-Unit Townhome in Multnomah Village. Nestled among the trees in the heart of M...	2 beds \| 1 baths \| 1,168 sq.ft.	$275,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.03% Airbnb Rental Income: $1725 Traditional Rental Income: $2014 Airbnb ROI: -0.93% Traditional ROI: 2.03%
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.	$389,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.61% Airbnb Rental Income: $1490 Traditional Rental Income: $2625 Airbnb ROI: -0.7% Traditional ROI: 3.61%
176 N Going St Portland, OR The meticulous attention to detail in this stunning new construction is evident in every n...	3 beds \| 3 baths \| 1,912 sq.ft.	$679,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.9% Airbnb Rental Income: $1818 Traditional Rental Income: $3397 Airbnb ROI: 0.63% Traditional ROI: 3.9%
15765 SW GREENS Way Portland, OR One level townhome located on a peaceful and private street in this sought after 55+ commu...	2 beds \| 2 baths \| 1,280 sq.ft.	$449,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.43% Airbnb Rental Income: $1372 Traditional Rental Income: $2342 Airbnb ROI: -0.88% Traditional ROI: 2.43%
7325 N Fiske Ave Portland, OR Absolutely immaculate home w/designer touches and upgrades throughout. Extensive millwork,...	4 beds \| 3 baths \| 2,247 sq.ft.	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $3437 Airbnb ROI: N/A Traditional ROI: 2.7%
10546 SW Windwood Way Portland, OR Elegant two-bedroom, two & one-half bath townhome with 2,082 square feet of living space i...	2 beds \| 2 baths \| 2,193 sq.ft.	$535,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 1.1% Airbnb Rental Income: $1223 Traditional Rental Income: $2474 Airbnb ROI: -2.19% Traditional ROI: 1.1%
512 NE 56th Ave Portland, OR Modern 3-bed, 2.5-bath home built in 2021 with 2,720 sq ft spread across four thoughtfully...	3 beds \| 2 baths \| 2,720 sq.ft.	$729,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.05% Airbnb Rental Income: $1369 Traditional Rental Income: $4245 Airbnb ROI: -0.79% Traditional ROI: 4.05%
4922 SW 1st Ave Portland, OR This is an excellent opportunity to own a great investment property with a fabulous long t...	3 beds \| 2 baths \| 1,540 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $3404 Airbnb ROI: N/A Traditional ROI: 4.47%
2865 NW Kennedy Ct Portland, OR Stylishly Updated Townhome in Forest Heights OPEN HOUSE Sat 01/24 12pm-3pm ** This bea...	3 beds \| 2 baths \| 1,695 sq.ft.	$439,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.68% Airbnb Rental Income: $2377 Traditional Rental Income: $2466 Airbnb ROI: 0.05% Traditional ROI: 1.68%
5036 SW View Point Ter Portland, OR Hidden Luxury Gem in Desirable John's Landing with Custom High-End Finishes, at an Unbeata...	3 beds \| 2 baths \| 2,049 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $3421 Airbnb ROI: N/A Traditional ROI: 2.3%
10300 SW Taylor St Portland, OR Discover this immaculate, turn-key 3-bedroom, 2.5-bathroom townhome nestled in the desirab...	3 beds \| 2 baths \| 1,925 sq.ft.	$565,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.38% Airbnb Rental Income: $2377 Traditional Rental Income: $3515 Airbnb ROI: 0.11% Traditional ROI: 3.38%
6535 SW Canyon Ct Portland, OR Close to OHSU, with Washington County taxes and low HOA fees, this beautifully updated Syl...	2 beds \| 2 baths \| 1,826 sq.ft.	$454,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.15% Airbnb Rental Income: $1419 Traditional Rental Income: $2143 Airbnb ROI: -0.55% Traditional ROI: 2.15%
9818 SW 34th Pl Portland, OR Seller offering Rate Buy down with acceptable offer. Save thousands with preferred lender ...	3 beds \| 2 baths \| 1,437 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 1.47%
15450 NW ABERDEEN Dr Portland, OR Welcome to this beautifully updated and impeccably maintained 2 luxurious primary bedrooms...	2 beds \| 2 baths \| 1,834 sq.ft.	$615,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -0.07% Airbnb Rental Income: $1223 Traditional Rental Income: $1890 Airbnb ROI: -1.91% Traditional ROI: -0.07%
16056 NW Centine Ln Portland, OR Welcome home to this fabulous Arbor Parc townhouse! This well-maintained 3-bedroom, 2.5-ba...	3 beds \| 2 baths \| 1,479 sq.ft.	$449,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.81% Airbnb Rental Income: $1275 Traditional Rental Income: $2830 Airbnb ROI: -0.84% Traditional ROI: 3.81%
10239 SW Taylor St Portland, OR 10239 SW Taylor St, Beaverton, OR 97225 \| Townhouse	2 beds \| 2 baths \| 2,143 sq.ft.	$599,000	Airbnb cash on cash: -1.97% Traditional cash on cash: -0.07% Airbnb Rental Income: $1223 Traditional Rental Income: $1894 Airbnb ROI: -1.97% Traditional ROI: -0.07%
7204 SE Steele St Portland, OR 7204 SE Steele St, Portland, OR 97206 \| Townhouse	2 beds \| 1 baths \| 1,582 sq.ft.	$480,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 1.97% Airbnb Rental Income: $2036 Traditional Rental Income: $1911 Airbnb ROI: 1.07% Traditional ROI: 1.97%
7722 SE Tolman St #3 Portland, OR Modern style meets a great SE location-NO condo, NO HOA. This home features clean modern a...	2 beds \| 2 baths \| 966 sq.ft.	$324,999	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.98% Airbnb Rental Income: $2036 Traditional Rental Income: $2677 Airbnb ROI: 2.27% Traditional ROI: 5.98%
1648 N Emerson St Portland, OR Welcome to this beautifully designed home, built in 2024 and offering modern living in a p...	2 beds \| 2 baths \| 1,031 sq.ft.	$399,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.61% Airbnb Rental Income: $1532 Traditional Rental Income: $2261 Airbnb ROI: 0.47% Traditional ROI: 3.61%
3531 S Kelly Ave Portland, OR This is a must see, not your typical townhome. Perched in the heart of South Portland, thi...	2 beds \| 2 baths \| 1,372 sq.ft.	$525,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 1.46% Airbnb Rental Income: $1123 Traditional Rental Income: $2125 Airbnb ROI: -1.35% Traditional ROI: 1.46%
5575 SE 117th Ave Portland, OR Gorgeous, new construction home showcasing all of todays most in demand designs with nearl...	3 beds \| 2 baths \| 1,477 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 3.98%
752 NW 12th Ave Portland, OR Settle into a rare end-unit townhome that feels both serene and sophisticated, perfectly p...	3 beds \| 2 baths \| 1,885 sq.ft.	$975,000	Airbnb cash on cash: -2.92% Traditional cash on cash: -0.31% Airbnb Rental Income: $1174 Traditional Rental Income: $3159 Airbnb ROI: -2.92% Traditional ROI: -0.31%
14728 NE Flanders St Portland, OR Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 2 baths \| 1,166 sq.ft.	$315,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 4.17% Airbnb Rental Income: $2363 Traditional Rental Income: $1968 Airbnb ROI: 3.53% Traditional ROI: 4.17%
4884 NW 162nd Ter Portland, OR This miraculously maintained townhouse boasts an open concept floor plan, perfect for mode...	3 beds \| 2 baths \| 1,559 sq.ft.	$469,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 3.37% Airbnb Rental Income: $1275 Traditional Rental Income: $3005 Airbnb ROI: -1.49% Traditional ROI: 3.37%
6148 S Virginia Ave Portland, OR This beautiful townhome in the heart of John's Landing has it all - updates, privacy and c...	2 beds \| 2 baths \| 1,360 sq.ft.	$549,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 2.58% Airbnb Rental Income: $1508 Traditional Rental Income: $2733 Airbnb ROI: -0.67% Traditional ROI: 2.58%
1915 NW Yorkshire Ln Portland, OR OPEN HOUSE SUNDAY Feb 15 11AM TO 1PM Step into a storybook setting that feels like a Europ...	2 beds \| 2 baths \| 2,141 sq.ft.	$519,000	Airbnb cash on cash: -3.01% Traditional cash on cash: 0.2% Airbnb Rental Income: $1223 Traditional Rental Income: $2386 Airbnb ROI: -3.01% Traditional ROI: 0.2%

Your search for investment property begins and ends here

Townhouses for Sale in Portland, OR

16588 SW Matador Ln

Portland, OR

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

$410,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 2.58%

Airbnb Rental Income: $1372

Traditional Rental Income: $2181

Airbnb ROI: -0.61%

Traditional ROI: 2.58%

10205 NW Village Heights Dr

Portland, OR

2 beds | 2 baths | 1,376 sq.ft.

$435,000

Airbnb cash on cash: -1.98%

Traditional cash on cash: 0.76%

Airbnb Rental Income: $1223

Traditional Rental Income: $1946

Airbnb ROI: -1.98%

Traditional ROI: 0.76%

5427 SE 121st Ave

Portland, OR

3 beds | 2 baths | 1,258 sq.ft.

$373,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2868

Airbnb ROI: N/A

Traditional ROI: 5.83%

4815 SW 1st Ave

Portland, OR

3 beds | 2 baths | 1,608 sq.ft.

$495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2898

Airbnb ROI: N/A

Traditional ROI: 3.14%

6520 NE GRAND Ave

Portland, OR

4 beds | 3 baths | 2,736 sq.ft.

$795,000

Airbnb cash on cash: -1.33%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $1254

Traditional Rental Income: $3649

Airbnb ROI: -1.33%

Traditional ROI: 2.44%

9636 NW Miller Hill Dr

Portland, OR

2 beds | 1 baths | 1,167 sq.ft.

$399,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $1223

Traditional Rental Income: $2407

Airbnb ROI: -1.97%

Traditional ROI: 2.24%

3626 SE 27th Ave

Portland, OR

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

$520,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $905

Traditional Rental Income: $2968

Airbnb ROI: -1.35%

Traditional ROI: 3.38%

10923 SW Sage Ter

Portland, OR

2 beds | 2 baths | 1,354 sq.ft.

$389,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $1725

Traditional Rental Income: $2806

Airbnb ROI: 0.33%