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
8673 SE DIAMOND CREEK CT Happy Valley, OR Welcome home to this spacious and private feeling attached home in the heart of the Happy ...	3 beds \| 3 baths \| 2,086 sq.ft.	$499,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 5.1% Airbnb Rental Income: $3558 Traditional Rental Income: $3701 Airbnb ROI: 3.12% Traditional ROI: 5.1%
14555 SE VISTA HEIGHTS ST Happy Valley, OR Welcome to a beautifully updated 5-bedroom, 3.5-bathroom home, where every detail has been...	5 beds \| 4 baths \| 5,086 sq.ft.	$925,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.75% Airbnb Rental Income: $3341 Traditional Rental Income: $4374 Airbnb ROI: 0.69% Traditional ROI: 2.75%
9356 SE DUNDEE CT Happy Valley, OR Spacious cul-de-sac home with stunning views! Great floor plan with open kitchen and famil...	3 beds \| 4 baths \| 3,171 sq.ft.	$654,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.83% Airbnb Rental Income: $3558 Traditional Rental Income: $5149 Airbnb ROI: 1.94% Traditional ROI: 5.83%
11574 SE ROSS RD Happy Valley, OR Welcome to a truly exceptional residence where comfort meets sophistication in every detai...	4 beds \| 4 baths \| 3,277 sq.ft.	$773,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.1% Airbnb Rental Income: $3369 Traditional Rental Income: $4030 Airbnb ROI: 1.15% Traditional ROI: 3.1%
12124 SE HIGH CREEK RD Happy Valley, OR Welcome to this beautifully updated property that boasts a contemporary neutral color pain...	3 beds \| 3 baths \| 1,689 sq.ft.	$414,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.46% Airbnb Rental Income: $3558 Traditional Rental Income: $3580 Airbnb ROI: 3.39% Traditional ROI: 5.46%
11855 SE TIMBER VALLEY DR Happy Valley, OR Beautiful home in a desirable neighborhood. Home situated in a cul-de-sac. 3 bed, 2.5 bath...	3 beds \| 3 baths \| 1,820 sq.ft.	$549,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 3.93% Airbnb Rental Income: $3558 Traditional Rental Income: $3116 Airbnb ROI: 3.27% Traditional ROI: 3.93%
8796 SE Spyglass DR Happy Valley, OR Luxurious custom home where elegance meets comfort. This stunning home is set on an oversi...	4 beds \| 3 baths \| 2,629 sq.ft.	$839,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.04% Airbnb Rental Income: $3369 Traditional Rental Income: $4268 Airbnb ROI: 0.93% Traditional ROI: 3.04%
9420 SE WYNDHAM WAY Happy Valley, OR Spectacular views from this stunning home situated on the hills overlooking Portland. This...	4 beds \| 4 baths \| 2,797 sq.ft.	$669,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.15% Airbnb Rental Income: $3369 Traditional Rental Income: $4131 Airbnb ROI: 1.72% Traditional ROI: 4.15%
8882 SE CHRISTILLA LN Happy Valley, OR Meticulously maintained home with Mt. Hood View! This home will please any decerning buyer...	4 beds \| 3 baths \| 3,086 sq.ft.	$989,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.11% Airbnb Rental Income: $3369 Traditional Rental Income: $4177 Airbnb ROI: 0.41% Traditional ROI: 2.11%
17046 SE TROGE RD Happy Valley, OR Better than new craftsman 4 bedroom/ 2.5 bathroom home in Pleasant Valley Villages. This h...	4 beds \| 3 baths \| 2,182 sq.ft.	$620,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.41% Airbnb Rental Income: $3369 Traditional Rental Income: $3961 Airbnb ROI: 2.09% Traditional ROI: 4.41%
11304 SE PHEASANT RIDGE DR Happy Valley, OR Welcome to 11304 SE Pheasant Ridge Dr, an exceptional luxury residence nestled in one of H...	5 beds \| 5 baths \| 5,052 sq.ft.	$1,300,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.38% Airbnb Rental Income: $3341 Traditional Rental Income: $4374 Airbnb ROI: -0.09% Traditional ROI: 1.38%
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.	$1,239,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.18% Airbnb Rental Income: $3369 Traditional Rental Income: $5161 Airbnb ROI: -0.03% Traditional ROI: 2.18%
11719 SE SOLOMON CT Happy Valley, OR Breathtaking Elegance: A Masterpiece Overlooking Mt. Hood Welcome to this custom-built san...	5 beds \| 5 baths \| 6,806 sq.ft.	$1,999,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.72% Airbnb Rental Income: $3341 Traditional Rental Income: $5271 Airbnb ROI: -0.72% Traditional ROI: 0.72%
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.	$799,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.18% Airbnb Rental Income: $3341 Traditional Rental Income: $4241 Airbnb ROI: 0.97% Traditional ROI: 3.18%
8751 SE BRISTOL PARK DR Happy Valley, OR Beautiful city and mountain views from this large home in a private gated community with a...	4 beds \| 4 baths \| 2,555 sq.ft.	$699,999	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.84% Airbnb Rental Income: $3369 Traditional Rental Income: $3889 Airbnb ROI: 0.89% Traditional ROI: 2.84%
10133 SE CLEONE CT Happy Valley, OR Pride of Ownership shows in this CUSTOM Mid Century GEM in the HEART of Mt Scott. This stu...	5 beds \| 3 baths \| 4,325 sq.ft.	$799,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.14% Airbnb Rental Income: $3341 Traditional Rental Income: $4036 Airbnb ROI: 1.21% Traditional ROI: 3.14%
12469 SE CAPRI CT Happy Valley, OR Stunning 5,300 Sq Ft Home in Happy Valley. Welcome to your dream home in the heart of Happ...	5 beds \| 5 baths \| 5,300 sq.ft.	$1,250,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.35% Airbnb Rental Income: $3341 Traditional Rental Income: $5224 Airbnb ROI: 0.09% Traditional ROI: 2.35%
14526 SE LYON CT Happy Valley, OR Stunning panoramic views and exceptional design in Happy Valley! Step into this beautifull...	4 beds \| 4 baths \| 3,130 sq.ft.	$825,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.94% Airbnb Rental Income: $3369 Traditional Rental Income: $4037 Airbnb ROI: 1.1% Traditional ROI: 2.94%
10335 SE 172ND AVE Happy Valley, OR Uniquely a quintessential Oregon Property! Start with a wooded and secluded setting that i...	4 beds \| 4 baths \| 4,000 sq.ft.	$1,195,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.15% Airbnb Rental Income: $3369 Traditional Rental Income: $4285 Airbnb ROI: 0.65% Traditional ROI: 2.15%
11506 SE 147TH AVE Happy Valley, OR This stunning single-level residence has been fully renovated to perfection, offering mode...	3 beds \| 2 baths \| 1,993 sq.ft.	$849,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.54% Airbnb Rental Income: $3558 Traditional Rental Income: $3588 Airbnb ROI: 1.52% Traditional ROI: 2.54%
16887 SE HAGEN RD Happy Valley, OR Available for immediate move-in, this one-level home in Pleasant Valley Villages is a canâ...	3 beds \| 2 baths \| 1,595 sq.ft.	$656,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.68% Airbnb Rental Income: $3558 Traditional Rental Income: $3612 Airbnb ROI: 2.32% Traditional ROI: 3.68%
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.	$779,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.99% Airbnb Rental Income: $3558 Traditional Rental Income: $3957 Airbnb ROI: 1.37% Traditional ROI: 2.99%
10869 SE ALEXANDER DR Happy Valley, OR Welcome to this spacious home inside and outside in Happy Valley. This fine home sports 5 ...	5 beds \| 4 baths \| 3,806 sq.ft.	$830,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.2% Airbnb Rental Income: $3341 Traditional Rental Income: $4208 Airbnb ROI: 1.11% Traditional ROI: 3.2%
11074 SE WESTCHESTER AVE Happy Valley, OR Original owners first time on the market, this well kept two story Traditional home has an...	4 beds \| 3 baths \| 2,667 sq.ft.	$865,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.99% Airbnb Rental Income: $3369 Traditional Rental Income: $4054 Airbnb ROI: 1.21% Traditional ROI: 2.99%
16300 SE HAGEN RD Happy Valley, OR This home is a must see! One of the original homes to overlook the Pleasant Valley Golf Cl...	4 beds \| 4 baths \| 2,815 sq.ft.	$899,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.69% Airbnb Rental Income: $3369 Traditional Rental Income: $4045 Airbnb ROI: 0.98% Traditional ROI: 2.69%
8665 SE 152ND AVE Happy Valley, OR HUGE $24,500 PRICE REDUCTION!BOM-BUYER'S HOME DIDN'T SELL! Nestled on a .62-acre lot in Ha...	5 beds \| 4 baths \| 4,144 sq.ft.	$825,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.93% Airbnb Rental Income: $3341 Traditional Rental Income: $3798 Airbnb ROI: 1.36% Traditional ROI: 2.93%
10620 SE 144TH LOOP Happy Valley, OR Welcome to this beautiful Happy Valley home! The original owners have loved and cared wel...	5 beds \| 3 baths \| 2,614 sq.ft.	$709,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.02% Airbnb Rental Income: $3341 Traditional Rental Income: $4261 Airbnb ROI: 1.5% Traditional ROI: 4.02%
9427 SE SCOTTS RIDGE CT Happy Valley, OR This spacious and elegantly designed home offers breathtaking views of the city and mounta...	4 beds \| 4 baths \| 5,209 sq.ft.	$1,499,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.81% Airbnb Rental Income: $3369 Traditional Rental Income: $4157 Airbnb ROI: -0.3% Traditional ROI: 0.81%
11747 SE BANBURY CIR Happy Valley, OR Rare opportunity presented in Happy Valleyâs sought after Claremont community, this cust...	4 beds \| 3 baths \| 3,962 sq.ft.	$1,145,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.43% Airbnb Rental Income: $3369 Traditional Rental Income: $4185 Airbnb ROI: -0.04% Traditional ROI: 1.43%
15404 SE IVY CREEK ST Happy Valley, OR Impeccable Happy Valley custom craftsman with original owner! Over 4400+ sqft for entertai...	4 beds \| 4 baths \| 4,411 sq.ft.	$1,100,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.96% Airbnb Rental Income: $3369 Traditional Rental Income: $4336 Airbnb ROI: 0.29% Traditional ROI: 1.96%
8720 SE CLATSOP ST Happy Valley, OR Fantastic investment opportunity to own a 4 units mobile park in a convenient location! La...	N/A beds \| N/A baths \| N/A	$679,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.4% Airbnb Rental Income: $1823 Traditional Rental Income: $2004 Airbnb ROI: 0.34% Traditional ROI: 1.4%
10225 SE BRISTOL LN Happy Valley, OR Discover luxury living in Happy Valley with this exceptional condo in the private gated so...	2 beds \| 2 baths \| 1,152 sq.ft.	$464,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 2.88% Airbnb Rental Income: $2918 Traditional Rental Income: $2481 Airbnb ROI: 2.33% Traditional ROI: 2.88%
11050 SE ONEONTA DR Happy Valley, OR Step into this beautifully unique Happy Valley home! Situated in a well maintained neighbo...	4 beds \| 4 baths \| 3,988 sq.ft.	$1,100,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.83% Airbnb Rental Income: $3369 Traditional Rental Income: $5431 Airbnb ROI: 0.08% Traditional ROI: 2.83%
11215 SE CAUSEY CIR Happy Valley, OR Discover this beautifully upgraded ground level 2-bed, 1-bath condo at 11215 SE Causey Cir...	2 beds \| 1 baths \| 785 sq.ft.	$272,500	Airbnb cash on cash: 5.27% Traditional cash on cash: 4.9% Airbnb Rental Income: $2918 Traditional Rental Income: $2147 Airbnb ROI: 5.27% Traditional ROI: 4.9%
16841 SE MIST LAYER LOOP Happy Valley, OR Welcome to Pleasant Valley Village in Happy Valley! Part of the highly sought after Clacka...	3 beds \| 3 baths \| 1,676 sq.ft.	$639,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 3.62% Airbnb Rental Income: $3558 Traditional Rental Income: $3528 Airbnb ROI: 2.36% Traditional ROI: 3.62%
11529 SE BATELEUR WAY #C8 Happy Valley, OR Desirable top floor unit in the Eagles Loft Condominiums. Immaculate two-bedroom, two bath...	2 beds \| 2 baths \| 1,908 sq.ft.	$520,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.43% Airbnb Rental Income: $2918 Traditional Rental Income: $3059 Airbnb ROI: -0.25% Traditional ROI: 1.43%
12948 SE 155TH AVE Happy Valley, OR Welcome to this spacious 3-bedroom, 2.5-bath condo featuring a bright, open floor plan tha...	3 beds \| 3 baths \| 1,896 sq.ft.	$449,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 6.16% Airbnb Rental Income: $3558 Traditional Rental Income: $3724 Airbnb ROI: 3.9% Traditional ROI: 6.16%
9386 SE DUNDEE DR Happy Valley, OR This custom-designed Happy Valley residence blends elegance, comfort, and stunning city vi...	5 beds \| 4 baths \| 3,474 sq.ft.	$925,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.36% Airbnb Rental Income: $3341 Traditional Rental Income: $5683 Airbnb ROI: 0.78% Traditional ROI: 4.36%
12432 SE SUNPARK Happy Valley, OR Nestled on the edge of James Abel Nature Park, this comfortably elegant floor plan with mo...	4 beds \| 3 baths \| 3,656 sq.ft.	$930,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.17% Airbnb Rental Income: $3369 Traditional Rental Income: $4535 Airbnb ROI: 0.96% Traditional ROI: 3.17%
11350 SE CEDAR WAY Happy Valley, OR OPEN HOUSE SUNDAY 1/19 1-3:00PM!!! Beautiful 3-Story Home with a Daylight Basement Locate...	5 beds \| 4 baths \| 3,328 sq.ft.	$699,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.89% Airbnb Rental Income: $3341 Traditional Rental Income: $5442 Airbnb ROI: 1.53% Traditional ROI: 5.89%

Real Estate investment in Happy-valley, OR

There are 50 properties for sale in the city of Happy Valley . The median list price in Happy Valley is $776,000 and the average price per square foot is $264. In January 2025, the average monthly cash on cash return in Happy Valley is 3.00%. The average monthly rental income in Happy Valley is $4,033.

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

There are 50 investment properties available for sale in Happy-valley.

In 2025, 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 $4,033.

Your search for investment property begins and ends here

Investment Property for Sale in Happy Valley, OR

8673 SE DIAMOND CREEK CT

Happy Valley, OR

3 beds | 3 baths | 2,086 sq.ft.

$499,000

Airbnb cash on cash: 3.12%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $3558

Traditional Rental Income: $3701

Airbnb ROI: 3.12%

Traditional ROI: 5.1%

14555 SE VISTA HEIGHTS ST

Happy Valley, OR

5 beds | 4 baths | 5,086 sq.ft.

$925,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $3341

Traditional Rental Income: $4374

Airbnb ROI: 0.69%

Traditional ROI: 2.75%

9356 SE DUNDEE CT

Happy Valley, OR

3 beds | 4 baths | 3,171 sq.ft.

$654,900

Airbnb cash on cash: 1.94%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $3558

Traditional Rental Income: $5149

Airbnb ROI: 1.94%

Traditional ROI: 5.83%

11574 SE ROSS RD

Happy Valley, OR

4 beds | 4 baths | 3,277 sq.ft.

$773,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $3369

Traditional Rental Income: $4030

Airbnb ROI: 1.15%

Traditional ROI: 3.1%

12124 SE HIGH CREEK RD

Happy Valley, OR

3 beds | 3 baths | 1,689 sq.ft.

$414,000

Airbnb cash on cash: 3.39%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $3558

Traditional Rental Income: $3580

Airbnb ROI: 3.39%

Traditional ROI: 5.46%

11855 SE TIMBER VALLEY DR

Happy Valley, OR

3 beds | 3 baths | 1,820 sq.ft.

$549,900

Airbnb cash on cash: 3.27%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $3558

Traditional Rental Income: $3116

Airbnb ROI: 3.27%

Traditional ROI: 3.93%

8796 SE Spyglass DR

Happy Valley, OR

4 beds | 3 baths | 2,629 sq.ft.

$839,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $3369

Traditional Rental Income: $4268

Airbnb ROI: 0.93%

Traditional ROI: 3.04%

9420 SE WYNDHAM WAY

Happy Valley, OR

4 beds | 4 baths | 2,797 sq.ft.

$669,000

Airbnb cash on cash: 1.72%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $3369

Traditional Rental Income: $4131

Airbnb ROI: 1.72%