$746,000

2611 SE 130th Ave Portland, OR 97236

Powellhurst-Gilbert Neighborhood

Estimated payment $4,636/month

Total Views 995
8 Beds
4 Baths
3,294 Sq Ft
$226 Price per Sq Ft

Highlights

  • No HOA
  • Level Lot
  • Heating System Mounted To A Wall or Window
  • Property is near a bus stop
  • Lap Siding

About This Home

Great location on bus line. Fully rented. All 4 units are in good shape and 2 units are recently upgraded. New roof installed in 2024. New stairs. New washer and dryer in 2 units. Professionally managed. Tenant occupied, please do not disturb tenant. Please submit offer subject to interior inspection.

Listing Agent

Wendy Zhu

Crestview Realty, LLC License #201211353 Listed on: 10/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,442

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking
  • Off-Street Parking

Location

  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R334475

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $25,700
  • Gross Income $64,500
  • Net Operating Income $38,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,442

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1963
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 8
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Open
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: R334475

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 8442.2
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.57
  • Annual Gross Income: 64500.0
  • Property Net Operating Income: 38800.0
  • Annual Operating Expense: 25700.0

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 $8,442 $349,130 -- --
2024 $8,087 $338,970 -- --
2023 $7,735 $329,100 $0 $0
2022 $7,332 $319,520 $0 $0
2021 $7,212 $310,220 $0 $0
2020 $6,533 $301,190 $0 $0
2019 $6,325 $292,420 $0 $0
2018 $6,131 $283,910 $0 $0
2017 $5,904 $275,650 $0 $0
2016 $5,749 $267,630 $0 $0
2015 $5,221 $259,840 $0 $0
2014 $4,468 $252,280 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2025 10/21/25 For Sale $746,000 +10.8% $226 / Sq Ft
03/09/2023 03/09/23 Sold $673,500 -0.2% $204 / Sq Ft View Prior Sale
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $675,000 +101.5% $205 / Sq Ft
06/30/2014 06/30/14 Sold $335,000 -6.1% $102 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $356,900 -- $108 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $673,500 Fidelity National Title
Warranty Deed -- None Available
Warranty Deed $335,000 Lawyers Title
Warranty Deed $321,428 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $257,100 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 425253845

Regional Multiple Listing Service (RMLS)

APN: R334475

Oregon Multnomah County Portland 97236 Powellhurst-Gilbert

2611 SE 130th Ave, Portland, OR

For Sale

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Nearby Homes
Listing Agent
Wendy Zhu
Section Image
Crestview Realty, LLC
(503) 741-2563