$669,000
$171K PRICE DROP

Estimated payment $4,294/month

Total Views 12,501
8 Beds
4 Baths
2,832 Sq Ft
$236 Price per Sq Ft

Highlights

  • Private Lot
  • Wood Siding
  • 1-Story Property
  • Baseboard Heating

About This Home

Great investment opportunity! Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring throughout, new windows, hot water heaters, interior & exterior painting, and electrical panels. Owner has also updated the decks and landscaping in the private and common areas. Off-street parking for 8 vehicles. Close to transportation and plenty of nearby amenities.

Listing Agent

Heather Miller

Keller Williams PDX Central License #201212192 Listed on: 04/13/2023

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • Private Lot
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Lincoln Park Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R334243

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $19,211
  • Gross Income $50,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,869

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1945
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level, Private
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

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

Schools

  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: RM1
  • Parcel #: R334243

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7869.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.38
  • Annual Gross Income: 50000.0
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 19211.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $7,869 $329,860 -- --
2023 $7,869 $320,260 $0 $0
2022 $7,135 $310,940 $0 $0
2021 $7,018 $301,890 $0 $0
2020 $6,358 $293,100 $0 $0
2019 $6,155 $284,570 $0 $0
2018 $5,966 $276,290 $0 $0
2017 $5,594 $268,250 $0 $0
2016 $4,984 $260,440 $0 $0
2015 $4,668 $252,860 $0 $0
2014 $4,540 $245,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $669,000 -1.6% $236 / Sq Ft
08/04/2025 08/04/25 Price Changed $679,888 -1.3% $240 / Sq Ft
07/01/2025 07/01/25 Price Changed $689,000 -0.9% $243 / Sq Ft
06/23/2025 06/23/25 Price Changed $695,000 -1.4% $245 / Sq Ft
06/16/2025 06/16/25 Price Changed $705,000 -1.4% $249 / Sq Ft
06/07/2025 06/07/25 Price Changed $715,000 -1.8% $252 / Sq Ft
05/14/2025 05/14/25 For Sale $728,000 0.0% $257 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
03/03/2025 03/03/25 Price Changed $728,000 0.0% $257 / Sq Ft
03/03/2025 03/03/25 For Sale $728,000 +1.8% $257 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $715,000 -4.7% $252 / Sq Ft
01/08/2025 01/08/25 Price Changed $750,000 -2.3% $265 / Sq Ft
12/31/2024 12/31/24 Price Changed $768,000 -2.2% $271 / Sq Ft
09/03/2024 09/03/24 For Sale $785,000 0.0% $277 / Sq Ft
09/03/2024 09/03/24 Off Market $785,000 -- --
04/02/2024 04/02/24 Price Changed $785,000 -1.8% $277 / Sq Ft
04/25/2023 04/25/23 Price Changed $799,000 -4.9% $282 / Sq Ft
04/13/2023 04/13/23 For Sale $839,900 +41.2% $297 / Sq Ft
11/07/2019 11/07/19 Sold $595,000 +1.7% $210 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $585,000 -- $207 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $595,000 Ticor Title Company Of Or
Warranty Deed $233,000 Transnation
Bargain Sale Deed -- Pacific Nw Title
Interfamily Deed Transfer $190,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Unknown
Previous Owner $176,000 No Value Available
Previous Owner $171,000 No Value Available
Source: Public Records

Similar Homes in Portland, OR

  • 4915 SE 111th Ave, Portland, OR 97266

    $675,000

    • 8 Beds
    • 4 Baths
    • 3,095 Sq Ft
    • 4915 SE 111th Ave
    • Portland, OR

    *** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 202 NE 162nd Ave, Portland, OR 97230

    $619,900

    • 7 Beds
    • 3 Baths
    • 202 NE 162nd Ave
    • Portland, OR

    Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for

    Wally Tesfa Acquire Properties

    Section Image
  • 4840 NE 99th Ave, Portland, OR 97220

    $595,000

    • 6 Beds
    • 4 Baths
    • 1,974 Sq Ft
    • 4840 NE 99th Ave
    • Portland, OR

    *** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available

    Jason Kennedy RE/MAX Equity Group

    Section Image
  • 14330 SE Powell Blvd, Portland, OR 97236

    $765,000

    • 8 Beds
    • 4 Baths
    • 3,444 Sq Ft
    • 14330 SE Powell Blvd
    • Portland, OR

    Want an investment property with owner-occupied interest rates? This great 4-unit has a newly vacant apartment waiting for you to move in. Existing tenants all long-term and month-to-month; 100% occupancy for over 10 years! New roof (2023), exterior paint (2023). Lots of work on individual units (detailed list available) including updates on bathroom floors, plumbing, bathroom fixtures and

    Robert Thompson Owl's Nest Realty

    Section Image
  • 15 NE 127th Ave, Portland, OR 97230

    $560,000

    • 6 Beds
    • 3 Baths
    • 2,496 Sq Ft
    • 15 NE 127th Ave
    • Portland, OR

    Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity

    Kevin Morris Kevin Morris Realty

    Section Image
  • 2227 SE 174th Ave, Portland, OR 97233

    $769,000

    • 9 Beds
    • 4.5 Baths
    • 2,998 Sq Ft
    • 2227 SE 174th Ave
    • Portland, OR

    Welcome to your next opportunity! This expansive and versatile property features 9 generously sized bedrooms and 4.1 bathrooms, making it ideal for large or extended families or multi-generational living.

    Korrie Hicks KOR Realty

    Section Image
  • 13001 SE Claybourne St, Portland, OR 97236

    $569,000

    • 6 Beds
    • 2 Baths
    • 2,234 Sq Ft
    • 13001 SE Claybourne St
    • Portland, OR

    Mid-Century Gem with Basement Apartment on a fabulous 0.74 Acre Lot!This mid-century home, surrounded by evergreens on a generous lot, features strategic updates with enormous potential for future development. A wood-burning fireplace welcomes you, with a comfortable living area, dining nook overlooking the forest-like backyard, and a recently renovated kitchen including travertine-style

    Erica Dagle Portland's Alternative Inc., Realtors

    Section Image
  • 1335 NE 119th Ave, Portland, OR 97220

    $520,000

    • 6 Beds
    • 3 Baths
    • 3,370 Sq Ft
    • 1335 NE 119th Ave
    • Portland, OR

    Great investment opportunity. Fully rented with month-to-month long term tenants. All units have 2 Bed /1 bath on one level. Contact agent for more details and showings."24 hour notice required to schedule a showing." Please do not disturb tenants.

    Timothy Fowler Keller Williams Premier Partners

    Section Image
  • 6200 SE 103rd Ave, Portland, OR 97266

    $625,000

    • 9 Beds
    • 5 Baths
    • 2,824 Sq Ft
    • 6200 SE 103rd Ave
    • Portland, OR

    Fantastic investment opportunity in SE Portland! This updated fourplex features three 2BD/1BA units and one spacious 3BD/2BA unit with vaulted ceilings and in-unit laundry—perfect for an owner-occupant or premium rental. One unit is currently vacant, offering immediate upside. Recent capital improvements include new mini-split systems in all units and fresh exterior paint. Shared laundry for the

    Benjamin Ficker Keller Williams Sunset Corridor

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23338003

Regional Multiple Listing Service (RMLS)

APN: R334243