$874,900
PENDING

2002 NE 8th Ave Unit 2008 Portland, OR 97212

Lloyd District Neighborhood

Estimated payment $5,335/month

Total Views 702
4 Beds
4 Baths
4,596 Sq Ft
$190 Price per Sq Ft

Highlights

  • City View
  • Laundry Facilities
  • Asbestos
  • Irvington Elementary School Rated 10
  • Controlled Entrance
  • Level Lot

About This Home

Discover timeless charm and modern updates in this beautiful 4-plex gem, nestled in the highly sought-after Irvington neighborhood of NE Portland. The partially finished attic creates an amazing opportunity for owner occupant buyers wanting a large 3 bedroom, two bath unit with some work. One could also expand the main level unit on the south into the basement for another large unit if desired. We have bids for both expansion plans. Built in 1904, this classic property showcases rich architectural details and character, while offering the comfort and convenience of thoughtful upgrades throughout. Each of the four 1-bedroom, 1-bath units features high ceilings, spacious kitchens, and an abundance of natural light. Interior details vary and include stunning box beam ceilings, French doors, clawfoot tubs, tub/shower combinations, and private outdoor spaces such as large covered porches or decks. One unit boasts a fully remodeled bathroom with a sleek tile surround and glass shower doors, while newer fireplace inserts add warmth and ambiance to select units. The large basement features laundry facilities and private storage units. Both the attic and basement present unique potential for added living space or future income generating opportunities. Enjoy the fully fenced shared backyard with raised garden beds, ideal for entertaining, al fresco dining, or relaxing evening BBQs in a serene urban setting. Located just blocks from parks, public transit, local shops, coffeehouses, and cafes, this exceptional investment property combines historic elegance, versatile living space, and an unbeatable location in one of Portland’s most iconic neighborhoods.

Listing Agent

Jeffrey Capen

Windermere Realty Trust Brokerage Phone: 503-888-5191 License #200308199 Listed on: 10/06/2025

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Property Views

  • City
  • Seasonal

Home Design

  • Composition Roof
  • Asbestos

Interior Spaces

  • 4,596 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • On-Street Parking
  • Controlled Entrance

Schools

  • Irvington Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R301295

Community Details

Overview

  • 4 Units
  • Irvington Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $22,864
  • Gross Income $78,000
  • Net Operating Income $55,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,584

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1904
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 874900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement, Unfinished
  • Storage: Basement,IndividualStorageUnits
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City,Seasonal

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Irvington
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R301295

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8584.46

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.22
  • Annual Gross Income: 78000.0
  • Property Net Operating Income: 55136.0
  • Annual Operating Expense: 22864.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $8,904 $330,470 -- --
2024 $8,584 $320,850 -- --
2023 $8,584 $311,510 $0 $0
2022 $8,076 $302,440 $0 $0
2021 $7,939 $293,640 $0 $0
2020 $7,283 $285,090 $0 $0
2019 $7,015 $276,790 $0 $0
2018 $6,809 $268,730 $0 $0
2017 $6,526 $260,910 $0 $0
2016 $5,973 $253,320 $0 $0
2015 $5,816 $245,950 $0 $0
2014 $5,728 $238,790 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $874,900 +27.7% $190 / Sq Ft
10/07/2016 10/07/16 Sold $685,000 -2.0% $149 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $699,000 -- $152 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Wfg Title
Warranty Deed $685,000 Lawyers Title
Warranty Deed $505,000 Pacific Nw Title
Warranty Deed $325,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $250,000 New Conventional
Previous Owner $382,305 Purchase Money Mortgage
Previous Owner $260,000 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 587113615

Regional Multiple Listing Service (RMLS)

APN: R301295