$535,000

1704 NE 81st Ave Unit 1706 Portland, OR 97213

Madison South Neighborhood

Estimated payment $3,353/month

Total Views 7,135
4 Beds
2 Baths
1,560 Sq Ft
$343 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 3-minute walk to Ne 82Nd
  • Dining Room
  • No HOA
  • Living Room
  • Baseboard Heating

About This Home

Live in luxury and let your tenants pay the mortgage! This incredible 2-unit multifamily property is the perfect blend of savvy investing and comfortable living. Each unit features two bedrooms and one bathroom. The properties boast hardwood floors and quartz countertops in the kitchen. This prime location is in close proximity to a university, public transportation, and highway access, making it an attractive rental opportunity. Whether you’re a first-time investor or looking to expand your portfolio, this is a rare find that won’t last long. Live smarter—invest wiser! Please refrain from disturbing the tenants. Listing agent is an Oregon licensed Realtor, and Trustee to property.

Listing Agent

Risa Davis

eXp Realty, LLC Brokerage Phone: 503-358-4311 License #200308111 Listed on: 04/02/2025

eXp Realty, LLC

Co-Listing Agent

Lillie Barr

eXp Realty, LLC Brokerage Phone: 503-358-4311 License #201252433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1962

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Jason Lee Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R194142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,253

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1962
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: Stories1, Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Basement: CrawlSpace
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Jason Lee
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: RM1
  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R194142

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 2275

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 5253.44

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2023 $5,253 $190,640 $0 $0
2022 $4,942 $185,090 $0 $0
2021 $4,859 $179,700 $0 $0
2020 $4,457 $174,470 $0 $0
2019 $4,293 $169,390 $0 $0
2018 $4,167 $164,460 $0 $0
2017 $3,994 $159,670 $0 $0
2016 $3,655 $155,020 $0 $0
2015 $3,559 $150,510 $0 $0
2014 $3,505 $146,130 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $535,000 0.0% $343 / Sq Ft
04/02/2025 04/02/25 For Sale $535,000 -2.7% $343 / Sq Ft
03/26/2025 03/26/25 Price Changed $550,000 -4.3% $353 / Sq Ft
11/18/2024 11/18/24 For Sale $575,000 +13.9% $369 / Sq Ft
10/29/2021 10/29/21 Sold $505,000 0.0% $324 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $505,000 -- $324 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Warranty Deed $505,000 First American
Warranty Deed $190,000 First American Title Insuran
Interfamily Deed Transfer -- Accommodation
Warranty Deed $152,700 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,000 New Conventional
Previous Owner $154,000 New Conventional
Previous Owner $152,000 Purchase Money Mortgage
Previous Owner $150,340 FHA
Source: Public Records

Similar Homes in Portland, OR

  • 4840 NE 99th Ave, Portland, OR 97220

    $595,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft
    • 4840 NE 99th Ave
    • Portland, OR

    *** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 6309 NE 45th Ave, Portland, OR 97218

    $395,000

    • 3 Beds
    • 1.5 Baths
    • 1,527 Sq Ft
    • 6309 NE 45th Ave
    • Portland, OR

    This newly renovated home truly lives like a detached property thanks to its thoughtful floorplan, privacy, amenities, and no HOA! Step inside to the light & bright main level which features an open concept kitchen / living / dining space. The open, flowing kitchen is outfitted with stainless steel appliances, a large eat-in island, butcher block countertops, and ample cabinet space. Also on the

    Michael Green Coldwell Banker Bain

    Section Image
  • 15541 E Burnside St, Portland, OR 97233

    $450,000

    • 4 Beds
    • 2 Baths
    • 15541 E Burnside St
    • Portland, OR

    Incredible investment opportunity in SE Portland! This beautifully maintained duplex offers two spacious 2-bedroom, 1-bath units, each featuring hardwood floors, cozy fireplaces, and updated kitchens with all appliances included. Recent upgrades include fresh interior paint, all new windows, new roof, and added new insulation and in both the attic and crawlspace for energy efficiency. Crawl space

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 15557 E Burnside St, Portland, OR 97233

    $450,000

    • 4 Beds
    • 2 Baths
    • 15557 E Burnside St
    • Portland, OR

    Incredible investment opportunity in SE Portland! This beautifully maintained duplex offers two spacious 2-bedroom, 1-bath units, each featuring hardwood floors, cozy fireplaces, and updated kitchens with all appliances included. Recent upgrades include fresh interior paint, all new windows, new roof, and added new insulation and in both the attic and crawlspace for energy efficiency. Crawl space

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 7480 SW Taylors Ferry Rd, Portland, OR 97223

    $519,000

    • 3 Beds
    • 3 Baths
    • 7480 SW Taylors Ferry Rd
    • Portland, OR

    LOCATION! LOCATION! Washington County Taxes! Formally operating Duplex with 3 Bedrooms & 3 Full Baths (2 bedroom, 2 full bath with W/D hookups upstairs & Lower level is plumbed for kitchenette with 1 bedroom & 1 full bath with W/D in garage). Easy conversion if you would like to own a live in home with full ADU below. Or live as a 3 bedroom + 3 full bath. Recent home inspection on file. Roof &

    Jodi Huot Soldera Properties, Inc

    Section Image
  • 1704 NE 81st Ave Unit 1706, Portland, OR 97213

    $535,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 1704 NE 81st Ave
    • Unit 1706
    • Portland, OR

    Duplex next door 1630-1632 is being sold too! This duplex is situated in an excellent location. Each unit features two bedrooms and one bathroom, and both are currently occupied. The properties boast hardwood floors and quartz countertops in the kitchen. This prime location is in close proximity to a university, public transportation, and highway access, making it an attractive rental

    Risa Davis eXp Realty, LLC

    Section Image
  • 1304 NE 79th Ave Unit 1306, Portland, OR 97213

    $470,000

    • 2 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • 1304 NE 79th Ave
    • Unit 1306
    • Portland, OR

    Single level duplex with a large backyard and unbeatable access to I84 just blocks from central Montavilla. Gorgeous hardwood floors with new windows and exterior paint updates in 2022. A carport added in 2021 and long driveway give ample room for off-street parking. Each unit is 1 bed 1 bath with washer and dryer hookup. Both units occupied with excellent rental history! Buyer to do due

    Adam Karp Works Real Estate

    Section Image
  • 1643 NE 74th Ave Unit 1645, Portland, OR 97213

    $570,000

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 1643 NE 74th Ave
    • Unit 1645
    • Portland, OR

    This classic mid-century duplex features two 2-bedroom 1-bathroom units and a consistent rental history. Each unit enjoys off-street parking and a small private yard. Upgrades include recently replaced exterior siding, windows, and electrical panels - plus seller to have new roof installed prior to closing. Located in the desirable Montavilla neighborhood and a few blocks from the park-like Rose

    Lauren Klimoff MORE Realty

    Section Image
  • 12 NE 75th Ave, Portland, OR 97213

    $549,900

    • 4 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 12 NE 75th Ave
    • Portland, OR

    1950's Mount Tabor Duplex with off street parking. 2 bedroom one bath , Hardwood under carpet. Vinyl windows, large fenced yard . Great units nice location. Utilities $150

    Patrick Williams Windermere Realty Trust

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 153123041

Regional Multiple Listing Service (RMLS)

APN: R194142