601-607 NE Randall Ave Apartments

For Sale

601-607 NE Randall Ave., Portland, OR 97232

This Portland property for sale is located at 601-607 NE Randall Ave.. The current listed sale price for 601-607 NE Randall Ave Apartments is $850,000.

Contacts

Will Thompson

HFO Investment Real Estate | a Member of GREA

Property Details

  • Property Type Other
  • Units 4
  • Year Built 1910
  • Date Updated Aug 14, 2026

HFO is pleased to present 601–607 NE Randall Avenue, a well-maintained four-unit apartment community located in Portland's highly sought-after Kerns neighborhood. The property offers investors immediate organic income growth through below-market rents that can be increased through natural tenant turnover without requiring capital improvements. Each oversized one-bedroom apartment spans approximately 1,015 square feet and includes an in-unit washer and dryer, providing a spacious living experience that competes with many two-bedroom units while supporting strong resident retention. Additional upside exists through the opportunity to monetize currently unused basement storage as ancillary income. Positioned in one of Portland's most walkable inner eastside neighborhoods, the property offers convenient access to acclaimed dining, everyday amenities, major employers including Providence Portland Medical Center, and excellent regional connectivity via MAX Light Rail and TriMet, making it an attractive long-term investment in a highly desirable urban location.

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Getting around

  • 96/100

    Walk Score ®

  • 58/100

    Transit Score ®

  • 100/100

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Location

  • City Portland, OR
  • Neighborhood Kerns
  • Zip Code 97232
  • Market Portland

Points of Interest

  • Northeast 7th & Holladay

    1.04 miles

  • Northeast Grand & Hoyt

    1.11 miles

  • Northeast Grand & Multnomah

    1.15 miles

  • Northeast Martin Luther King & Hoyt

    1.16 miles

  • Northeast Weidler & Grand

    1.19 miles

  • Northeast Weidler & 2nd

    1.35 miles

  • Southeast Martin Luther King & Taylor

    1.47 miles

  • Southeast Grand & Mill

    1.64 miles

  • Southeast Martin Luther King & Mill

    1.70 miles

  • Oak Street/Southwest 1st Avenue

    1.75 miles

  • Blink

    0.38 miles

  • Fastrak

    0.56 miles

  • EVgo

    0.56 miles

  • Shell

    0.91 miles

  • 76

    0.97 miles

  • Arco

    1.04 miles

  • Electrify America

    1.17 miles

  • Pacific Pride

    1.21 miles

  • Kwik-Gas

    1.22 miles

  • Chevron

    1.33 miles

  • Parking 2

    1.01 miles

  • U-Park

    1.05 miles

  • Broadway Toyota

    1.42 miles

  • Garden Garage

    1.45 miles

  • South Aegan Lot

    1.49 miles

  • Annex Lot

    1.52 miles

  • East Garage

    1.54 miles

  • Center Aegan Lot

    1.58 miles

  • West Garage

    1.59 miles

  • Lolo Pass

    0.65 miles

  • Portland's White House

    0.68 miles

  • Executive Lodge

    0.70 miles

  • Lion and the Rose

    0.84 miles

  • A Painted Lady Inn

    0.87 miles

  • DoubleTree

    0.89 miles

  • Eastside Lodge

    0.93 miles

  • Jupiter Next

    0.96 miles

  • Jupiter Hotel

    1.00 miles

  • Kinley Manor

    1.05 miles

  • Whole Foods Market

    0.29 miles

  • Fred Meyer

    0.41 miles

  • The Realm Refillery

    0.55 miles

  • New Seasons Market

    0.56 miles

  • Lloyd Center

    0.79 miles

  • H Mart

    0.83 miles

  • Ross

    0.85 miles

  • Safeway

    0.94 miles

  • Trader Joe's

    0.96 miles

  • Market of Choice

    1.13 miles

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