NOT LISTED FOR SALE

3715 SE 8th Ave Portland, OR 97202

Brooklyn Neighborhood

Estimated Value: $648,000 - $719,422

4 Beds
2 Baths
2,276 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $607,900 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,407/month

213 Days on Market

Highlights

  • River View
  • Forced Air Heating System
  • Level Lot
  • Cleveland High School Rated A-
  • Garage

About This Home

As of January 2023

Motivated Sellers. Highly sought after Brooklyn Neighborhood, Clean well-maintained duplex. Great Owner Occupied opportunity. New exterior paint, Hardwood floors throughout. Most windows have been replaced. Full kitchen & bath remodel on upper unit. Many updates, Private yard. New roof 2016. Garages can be rented separately, New electrical panels. Possible 3rd bedroom main floor unit. Sqftage is approx & needs verified by buyer.

Last Agent to Sell the Property

Risa Davis

eXp Realty, LLC License #200308111 Listed on: 04/22/2022

eXp Realty, LLC

Last Buyer's Agent

Eddie Chanez

All Professionals Real Estate License #200609069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,293

Year Built

  • Built in 1907

Lot Details

  • Level Lot

Parking

  • Garage

Property Views

  • River
  • Territorial

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation
  • Unreinforced Masonry Building

Partially Finished Basement

  • Partial Basement
  • Basement Storage

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R257408

Community Details

Overview

  • 2 Units
  • Brooklyn Neighborhood Subdivision

Building Details

  • Operating Expense $8,148
  • Gross Income $40,740
  • Net Operating Income $32,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,293

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1907
  • Property Condition: Restored
  • Unreinforced Masonry Building: Yes
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, PartiallyFinished
  • Storage: Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: River,Territorial

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: r5
  • Parcel #: R257408

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 7293.38

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.73
  • Annual Gross Income: 40740.0
  • Property Net Operating Income: 32592.0
  • Annual Operating Expense: 8148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Dec 27, 2022
Sold by
Shah Anand
Bought by
Torres Alvaro and Torres Paloma
Seller's Agent
Risa Davis
eXp Realty, LLC
Buyer's Agent
Eddie Chanez
All Professionals Real Estate
List Price
$699,900
Sold Price
$607,900
Premium/Discount to List
-$92,000
-13.14%
Views
27
Current Estimated Value
$689,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,706
Avg. Annual Appreciation
4.28%
Original Mortgage
$596,888
Outstanding Balance
$581,558
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$97,962

Purchase Details

Closed on
Oct 3, 2014
Sold by
Shah Carmen
Bought by
Shah Anand and Shah Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Davis Anthony
Bought by
Bailey Carmen and Bailey Davis Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 28, 2003
Sold by
Atlas Development Inc
Bought by
Davis Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Alvaro $607,900 Lawyers Title
Shah Anand -- Lawyers Title
Bailey Carmen -- Lawyers Title Ins
Davis Anthony $223,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Alvaro $596,888
Previous Owner Shah Anand $332,500
Previous Owner Bailey Carmen $44,000
Previous Owner Bailey Carmen $208,000
Previous Owner Davis Anthony $178,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $607,900 +1.3% $267 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $599,900 -4.0% $264 / Sq Ft
10/14/2022 10/14/22 Price Changed $624,900 -2.2% $275 / Sq Ft
10/04/2022 10/04/22 Price Changed $639,000 -4.6% $281 / Sq Ft
09/20/2022 09/20/22 Price Changed $669,900 -4.3% $294 / Sq Ft
04/21/2022 04/21/22 For Sale $699,900 -- $308 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $7,886 $294,750 -- --
2023 $7,583 $286,170 $0 $0
2022 $7,419 $277,840 $0 $0
2021 $7,293 $269,750 $0 $0
2020 $6,691 $261,900 $0 $0
2019 $6,445 $254,280 $0 $0
2018 $6,255 $246,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Risa Davis

    Seller's Agent in 2023

    Risa Davis

    eXp Realty, LLC

    (503) 358-4311

    1 in this area

    39 Total Sales

    Risa Davis
    Section Image
  • Eddie Chanez

    Buyer's Agent in 2023

    Eddie Chanez

    All Professionals Real Estate

    (503) 597-9005

    1 in this area

    209 Total Sales

    Eddie Chanez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22691467

Regional Multiple Listing Service (RMLS)

APN: R257408

Oregon Multnomah County Portland 97202 Brooklyn

3715 SE 8th Ave, Portland, OR

This home is located at 3715 SE 8th Ave, Portland, OR 97202 since 22 April 2022 and is currently estimated at $689,606, approximately $302 per square foot. This property was built in 1907. 3715 SE 8th Ave is a home located in Multnomah County with nearby schools including Grout Elementary School, Hosford Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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