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
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%
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%
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: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $4294 Airbnb ROI: N/A Traditional ROI: 3.51%
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%
12510 SE MT SCOTT Blvd Happy Valley, OR One level custom build-to-suit home located in prestigious Happy Valley neighborhood. Cust...	4 beds \| 4 baths \| 4,235 sq.ft.	$2,699,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.05% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A 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.	$960,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $4548 Airbnb ROI: N/A Traditional ROI: 2.9%
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.	$425,000	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%
13419 SE PIPER Dr Happy Valley, OR Beautifully reimagined 3-bedroom, 2.5-bath gem in one of Happy Valley's most desirable nei...	3 beds \| 2 baths \| 1,625 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $2973 Airbnb ROI: N/A Traditional ROI: 3.95%
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%
14289 SE Wyler St Happy Valley, OR 14289 SE Wyler St, Happy Valley, OR 97086 \| Single Family Residential	7 beds \| 5 baths \| 7,070 sq.ft.	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.72% Airbnb Rental Income: $null Traditional Rental Income: $4702 Airbnb ROI: N/A Traditional ROI: 0.72%
15332 SE LEWIS St Happy Valley, OR Don't Miss This Stunning Model Home - Loaded with Luxury Upgrades!Step into the lifestyle ...	4 beds \| 3 baths \| 2,639 sq.ft.	$829,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.32% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 1.32%
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: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $5161 Airbnb ROI: N/A Traditional ROI: 2.61%
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%
16887 SE HAGEN Rd Happy Valley, OR Rare Opportunity in Happy Valley!Move right in to this beautifully maintained, single-leve...	3 beds \| 2 baths \| 1,595 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $3612 Airbnb ROI: N/A Traditional ROI: 3.69%
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%
10512 SE Heritage Rd #305 Happy Valley, OR 10512 SE Heritage Rd #305, Happy Valley, OR 97086 \| Single Family Residential	3 beds \| 2 baths \| 1,670 sq.ft.	$599,960	Airbnb cash on cash: N/A Traditional cash on cash: 2.46% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 2.46%
15785 SE Compass Course St #366 Happy Valley, OR 15785 SE Compass Course St #366, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 3,317 sq.ft.	$874,960	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $3928 Airbnb ROI: N/A Traditional ROI: 2.65%
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.	$699,900	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: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $5385 Airbnb ROI: N/A Traditional ROI: 3.59%
9459 SE TARNAHAN Dr Happy Valley, OR Exquisite custom-built home nestled in the heart of the highly desirable Highland Mist com...	4 beds \| 2 baths \| 3,147 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.33% Airbnb Rental Income: $null Traditional Rental Income: $3932 Airbnb ROI: N/A Traditional ROI: 2.33%
10939 SE VALLEY Way Happy Valley, OR Don't miss this beautifully maintained home in pristine sought-after Happy Valley neighbor...	3 beds \| 2 baths \| 2,496 sq.ft.	$699,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $3603 Airbnb ROI: N/A Traditional ROI: 3.09%
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.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $2225 Airbnb ROI: N/A Traditional ROI: 3.11%
14697 SE POPPY HILLS Dr Happy Valley, OR Beautiful 5-bed, 3.5-bath home in desirable Jackson Hills with stunning Happy Valley views...	5 beds \| 3 baths \| 3,838 sq.ft.	$899,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $6106 Airbnb ROI: N/A Traditional ROI: 4.79%
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: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $5652 Airbnb ROI: N/A Traditional ROI: 5.93%
11698 SE VERNS Way Happy Valley, OR Beautifully Updated Home on Expansive .28 Acre Lot! Tucked back from the road for added pr...	4 beds \| 3 baths \| 2,448 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $4068 Airbnb ROI: N/A Traditional ROI: 5.44%
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: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $3228 Airbnb ROI: N/A Traditional ROI: 5.52%
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.	$840,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $3533 Airbnb ROI: N/A Traditional ROI: 2.01%
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%
12818 SE MEADEHILL Ave Happy Valley, OR AMAZING VALUE! AND SELLER WILL PAY ADDITIONAL CONCESSIONS IF WE CLOSE BY THE END OF THE YE...	5 beds \| 3 baths \| 3,072 sq.ft.	$667,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $5260 Airbnb ROI: N/A Traditional ROI: 5.93%
14300 SE KING Rd Happy Valley, OR FIRST TIME ON MARKET! Builders Own Home! You must see this home! Nestled on over 1/2 acre ...	4 beds \| 2 baths \| 2,476 sq.ft.	$829,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $4222 Airbnb ROI: N/A Traditional ROI: 3.61%
10533 SE Heritage Rd #220 Happy Valley, OR 10533 SE Heritage Rd #220, Happy Valley, OR 97086 \| Single Family Residential	4 beds \| 3 baths \| 2,676 sq.ft.	$749,960	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $3779 Airbnb ROI: N/A Traditional ROI: 3.21%
12674 SE MEADEHILL Ave Happy Valley, OR Unobstructed 180 degree valley view with Mt. Hood right in the middle! Beautifully updated...	4 beds \| 3 baths \| 3,400 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $4648 Airbnb ROI: N/A Traditional ROI: 2.99%
9905 SE TOP O SCOTT St Happy Valley, OR Fairy-tale two-story home at the end of an upscale, one-block street by Mt. Scott Elementa...	3 beds \| 2 baths \| 1,927 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $3701 Airbnb ROI: N/A Traditional ROI: 4.39%
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%
14029 SE SUMMERFIELD Loop Happy Valley, OR Beautifully maintained one-level 3 bedroom, 2 bath home tucked away in a quiet Happy Valle...	3 beds \| 2 baths \| 1,334 sq.ft.	$517,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $2512 Airbnb ROI: N/A Traditional ROI: 3.12%
12143 SE 104TH Ct Happy Valley, OR Welcome to your dream condo in the heart of Happy Valley! This spacious residence boasts o...	3 beds \| 3 baths \| 1,647 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $3004 Airbnb ROI: N/A Traditional ROI: 3.71%
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.	$769,350	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $3525 Airbnb ROI: N/A Traditional ROI: 2.72%
10538 SE 96TH Ave Happy Valley, OR Happy Valley Late-Century Modern Retreat! live among the trees in this beautifully preserv...	4 beds \| 3 baths \| 2,597 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $4065 Airbnb ROI: N/A Traditional ROI: 5.53%

Real Estate investment in Happy-valley, OR

There are 58 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $748,680 and the average price per square foot is $259. In December 2025, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $3,912.

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

There are 58 investment properties available for sale in Happy-valley.

In 2025, 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

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%

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%

13087 SE GATEWAY Dr

Happy Valley, OR

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

$773,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.51%

Airbnb Rental Income: $null

Traditional Rental Income: $4294

Airbnb ROI: N/A

Traditional ROI: 3.51%

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

Traditional ROI: 4.57%

12510 SE MT SCOTT Blvd

Happy Valley, OR

4 beds | 4 baths | 4,235 sq.ft.

$2,699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.05%

Airbnb Rental Income: $null

Traditional Rental Income: $3063

Airbnb ROI: N/A

Traditional ROI: 0.05%

10520 SE ISAAC Dr

Happy Valley, OR

4 beds | 3 baths | 3,814 sq.ft.

$960,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.9%

Airbnb Rental Income: $null

Traditional Rental Income: $4548

Airbnb ROI: N/A

Traditional ROI: 2.9%

11275 SE AQUILA St

Happy Valley, OR

3 beds | 2 baths | 1,480 sq.ft.

$425,000

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%

13419 SE PIPER Dr

Happy Valley, OR

3 beds | 2 baths | 1,625 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2973

Airbnb ROI: N/A