$675,000

2236 SE 89th Ave Unit 2248 Portland, OR 97216

Montavilla Neighborhood

Estimated payment $4,301/month

Total Views 30
6 Beds
6 Baths
2,688 Sq Ft
$251 Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • Level Lot
  • Heating System Mounted To A Wall or Window
  • Harrison Park School Rated 9+
  • Lap Siding

About This Home

This is a fully rented 1997-built, townhouse-style Triplex on a low traffic flag lot. 3 Bedrooms, 1 1/2 baths per unit each. Attached garages. Each unit has their own fenced backyard with private patio. Newer roof and well-maintained. Original-owner property is a solid income producer with in-place rents with additional upside. Super-convenient SE location.

Listing Agent

Greg Fox

Happy Homes Properties, Inc. License #830900022 Listed on: 11/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,221

Year Built

  • Built in 1997

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Flag Lot

Parking

  • 3 Car Garage

Home Design

  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Clark Elementary School
  • Harrison Park Middle School
  • Leodis Mcdaniel High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R237839

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $20,203
  • Gross Income $58,380
  • Net Operating Income $38,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,221

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: FlagLot, Level

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

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

Schools

  • Elementary School: Clark
  • High School: Leodis McDaniel
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.22
  • Lot Size: 9,589 Sq Ft
  • Lot Size Sq Ft: 9583.0
  • Parcel #: R237839

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 9220.57

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 11.56
  • Annual Gross Income: 58380.0
  • Property Net Operating Income: 38177.0
  • Annual Operating Expense: 20203.0

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
2025 $9,221 $342,200 -- --
2024 $8,889 $332,240 -- --
2023 $8,548 $322,570 $0 $0
2022 $8,363 $313,180 $0 $0
2021 $8,221 $304,060 $0 $0
2020 $7,542 $295,210 $0 $0
2019 $7,265 $286,620 $0 $0
2018 $7,051 $278,280 $0 $0
2017 $6,758 $270,180 $0 $0
2016 $5,954 $262,320 $0 $0
2015 $5,771 $254,680 $0 $0
2014 $5,684 $247,270 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $675,000 -- $251 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer $19,500 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 141002756

Regional Multiple Listing Service (RMLS)

APN: R237839

Oregon Multnomah County Portland 97216 Montavilla

2236 SE 89th Ave Unit 2248, Portland, OR

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Nearby Homes
Greg Fox
Listing Agent
Greg Fox
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Happy Homes Properties, Inc.
(503) 773-6902