$535,000

1704 NE 81st Ave Unit 1706 Portland, OR 97213

Madison South Neighborhood

Estimated payment $3,392/month

Total Views 6,844
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

Townhouse Details

Home Type

  • Townhome

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
  • 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

Townhouse Details

Home Type

Townhome

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:

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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
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

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 153123041

Regional Multiple Listing Service (RMLS)

APN: R194142