Multnomah County Leads Oregon with 702 Home Flips, Averaging $126K Gross Profit
Multnomah County, Oregon, demonstrates robust activity in the residential real estate flipping market, with 702 homes bought and resold within a 12-month period as of July 2026. This level of activity positions the county as a significant hub for investors seeking to capitalize on property rehabilitation and rapid resale opportunities.
County Overview: Flip Activity and Returns
Multnomah County recorded 702 residential home flips over the trailing 12 months ending July 2026. This volume of activity underscores the county's role as a primary market for real estate investing in Oregon, signaling consistent investor engagement in the local housing stock. According to BatchData's Flip Activity Report, these flips generated an average gross profit of $126K per property, indicating substantial returns for investors. This gross profit figure reflects the difference between the purchase and resale prices, prior to accounting for rehab, holding, or selling costs.
The average gross return on investment (ROI) for flips in Multnomah County reached 30.2%, providing a clear picture of the market's profitability for those engaged in property renovation and resale. This gross ROI percentage highlights the efficiency with which capital can be turned over in the county. The speed of these transactions is also a key factor, with homes in Multnomah County flipping, on average, in 169 days. This relatively quick turnaround suggests a dynamic market where properties can be acquired, improved, and resold within a fast cycle, appealing to investors focused on capital velocity.
Multnomah County's flip volume of 702 properties makes it the leader within Oregon, ranking #1 of 36 counties. This single county accounts for 22.5% of the state's total 3,114 residential flips, illustrating a concentrated market for property rehabilitation and resale. While the national total for residential flips stands at 341,944, Multnomah County's strong performance relative to its state underscores its significance as an investor hotspot within the Pacific Northwest. The sustained activity, combined with attractive profit margins, confirms Multnomah as a focal point for real estate investing strategies that depend on quick turnarounds and value addition.
Local Market Context: Investor Dynamics and Capital Turnaround
The average gross profit of $126K per flip in Multnomah County is a strong indicator of the potential for value creation through property improvements and strategic resales. This profit margin, coupled with an average gross ROI of 30.2%, suggests that investors are successfully identifying properties with significant upside potential, whether through cosmetic upgrades or more extensive renovations. Such healthy returns are crucial for sustaining investor interest and attracting new capital into the market, especially for small landlords and everyday owners who rely on these margins for their business models.
The average time to flip in Multnomah County, at 169 days, points to an efficient market where properties do not remain on the market for extended periods post-rehab. This rapid capital turnover is appealing to investors, as it allows them to redeploy funds more quickly into new projects. Markets with faster flip times often signal strong buyer demand and a streamlined process for property acquisition and disposition, which can be supported by robust local infrastructure and accessible property data. This efficiency helps mitigate holding costs and maximizes the number of projects an investor can undertake within a year.
Multnomah County's dominance in Oregon's flip market, capturing 22.5% of the state's total flips, indicates a market that largely tracks the state's overall composition but at an amplified scale. While larger counties often lead in raw flip counts due to sheer property volume, Multnomah County's robust average gross profit and ROI suggest that its market quality for flips is equally compelling. This combination of volume and profitability makes it a distinctive and attractive environment for investors, from institutional players to individual entrepreneurs, looking for opportunities to add value and generate returns through residential property flips. BatchData's comprehensive property intelligence APIs can provide the granular data necessary for investors to identify these high-potential properties and optimize their flip strategies within such competitive markets.