$685,000
$15K PRICE DROP

1267 NE 183rd Ave Unit 1273 Portland, OR 97230

North Gresham Neighborhood

Estimated payment $4,160/month

Total Views 4,282
8 Beds
4 Baths
850 Sq Ft
$806 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Level Lot
  • 1-Story Property
  • 4 Car Garage
  • Lap Siding

About This Home

Investor Alert! Single level 4 plex with single car garages and ample parking spaces. All units are 2 bed 1 full bathroom. All tenants are currently month to month. Recent updates include new windows, garage doors and new floors in two of the units. Listed at recent appraised value. All offers are subject to interior inspection. Call today and don't miss this opportunity!

Listing Agent

Bev Blume

Keller Williams Realty Portland Elite Brokerage Phone: 503-482-8005 License #200712177 Listed on: 07/31/2025

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,590

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Hartley Elementary School
  • Reynolds Middle School
  • Reynolds High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R271936

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $23,210
  • Gross Income $59,160
  • Net Operating Income $35,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,590

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 8
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hartley
  • High School: Reynolds
  • Middle Or Junior School: Reynolds

Lot Info

  • Zoning: MDR
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R271936

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 6589.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.58
  • Annual Gross Income: 59160.0
  • Property Net Operating Income: 35950.0
  • Annual Operating Expense: 23210.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,965 $362,950 -- --
2024 $6,590 $352,380 -- --
2023 $6,590 $342,120 $0 $0
2022 $5,816 $332,160 $0 $0
2021 $5,672 $322,490 $0 $0
2020 $5,306 $313,100 $0 $0
2019 $5,087 $303,990 $0 $0
2018 $5,036 $295,140 $0 $0
2017 $4,873 $286,550 $0 $0
2016 $4,661 $278,210 $0 $0
2015 $4,526 $270,110 $0 $0
2014 $4,373 $262,250 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Price Changed $685,000 -2.1% $806 / Sq Ft
09/12/2025 09/12/25 For Sale $700,000 0.0% $824 / Sq Ft
09/06/2025 09/06/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $700,000 -- $824 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 137242199

Regional Multiple Listing Service (RMLS)

APN: R271936

Oregon Multnomah County Portland 97230 North Gresham

1267 NE 183rd Ave Unit 1273, Portland, OR

For Sale

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Bev Blume
Listing Agent
Bev Blume
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Keller Williams Realty Portland Elite
(503) 506-4701