2002 NE 8th Ave Unit 2008 Portland, OR 97212
Lloyd District NeighborhoodEstimated payment $5,335/month
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
Windermere Realty Trust Brokerage Phone: 503-888-5191 License #200308199 Listed on: 10/06/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Regional Multiple Listing Service (RMLS)
MLS Number: 587113615
APN: R301295
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