$910,000
$50K PRICE INCREASE

2002 NE 8th Ave Unit 2008 Portland, OR 97212

Lloyd District Neighborhood

Estimated payment $5,698/month

Total Views 2,270
4 Beds
4 Baths
4,596 Sq Ft
$198 Price per Sq Ft

Highlights

  • Seasonal Waterfront
  • City View
  • Controlled Entrance
  • Irvington Elementary School Rated 10
  • Zoned Heating
  • Asbestos

About This Home

Opportunity knocks in this character-rich four-plex located in the center of Portland. Set on a spacious lot with generous outdoor space, this classic property blends original charm with thoughtful updates—perfect for investors or owner-occupants alike. Brand new roof! Repairs to siding, windows replaced in unfinished attic, and many more. Each unit features its own unique character, from original woodwork and box-beam ceilings, large covered porches and private back decks that invite quiet morning coffee or evening unwinding. Inside, you'll find a mix of updated kitchens and bathrooms, newer fireplace inserts, and ample natural light throughout. Newer roof, updated mechanicals, and a full basement offering laundry and individual storage space. The walkable location puts you close to shops, cafes, parks, and public transit-making it easy to enjoy the best of Portland living. This is a rare chance to own a piece of Portland's architectural history while benefiting from modern upgrades and strong rental potential.

Listing Agent

Atika Hagen

Windermere Realty Trust Brokerage Phone: 503-583-6630 License #201243707 Listed on: 04/08/2025

Windermere Realty Trust

Co-Listing Agent

Katy Carmel

Windermere Realty Trust Brokerage Phone: 503-583-6630 License #201241507

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 1904

Lot Details

  • 5,227 Sq Ft Lot
  • Seasonal Waterfront
  • Level Lot

Parking

  • Controlled Entrance

Property Views

  • City
  • Seasonal

Home Design

  • Composition Roof
  • Asbestos
  • Concrete Perimeter Foundation

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

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R301295

Community Details

Overview

  • 4 Units
  • Irvington Subdivision

Building Details

  • Operating Expense $14,587
  • Gross Income $75,900
  • Net Operating Income $69,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,584

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1904
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

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

Lot Info

  • Zoning: R1A
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R301295

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, 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: 11.99
  • Annual Gross Income: 75900.0
  • Property Net Operating Income: 69255.0
  • Annual Operating Expense: 14587.0

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
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 Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $910,000 +5.8% $198 / Sq Ft
07/08/2025 07/08/25 For Sale $860,000 0.0% $187 / Sq Ft
05/16/2025 05/16/25 Off Market $860,000 -- --
04/25/2025 04/25/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $860,000 +25.5% $187 / Sq Ft
10/07/2016 10/07/16 Sold $685,000 -2.0% $149 / Sq Ft
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 $298,300 Unknown
Previous Owner $260,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 324844770

Regional Multiple Listing Service (RMLS)

APN: R301295