$895,000

4824 NE 8th Ave Unit 4826 Portland, OR 97211

King Neighborhood

Estimated payment $5,259/month

Total Views 3,514
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 3-minute walk to King School Park
  • Forced Air Heating System

About This Home

Completely rebuilt from the studs out! This exceptional duplex offers two fully remodeled units with all-new systems, finishes, and permits. Every detail has been redone — new plumbing, electrical, panel, insulation, drywall, windows, waterproofed basement, and flooring. Main Unit (3BR/1BA) features a stunning remodeled kitchen, one bedroom on the main and two in the finished basement, hardwood floors upstairs, new carpet below, remodeled bath, and a utility/laundry room. Upper Unit (2BR/1BA) offers hardwood floors throughout, a remodeled kitchen and bath with laundry area, and abundant natural light. Strong rental income with market rents of $3,500 and $2,500 per month. All architectural plans, receipts, and permits available. A rare turnkey opportunity — perfect for investors or owner-occupants.

Listing Agent

Javier Alomia

Real Broker Brokerage Email: javier@alomiagroup.com License #200503097 Listed on: 10/10/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 1910

Parking

  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Martinl King Jr Elementary School
  • Harriet Tubman Middle School
  • Grant High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 3-Story Property
  • 3,920 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number R210426

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $18,000
  • Gross Income $72,000
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,397

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1910
  • Property Condition: Restored
  • Property Attached Yn: No
  • Current Price For Status: 895000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Total Bedrooms: 5
  • High School2: Grant
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Road Surface Type: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: MartinL King Jr
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R210426

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6396.66

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.43
  • Annual Gross Income: 72000.0
  • Property Net Operating Income: 54000.0
  • Annual Operating Expense: 18000.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $6,635 $246,250 -- --
2024 $6,397 $239,080 -- --
2023 $6,151 $232,120 $0 $0
2022 $6,018 $225,360 $0 $0
2021 $4,682 $173,160 $0 $0
2020 $4,295 $168,120 $0 $0
2019 $4,137 $163,230 $0 $0
2018 $4,016 $158,480 $0 $0
2017 $3,849 $153,870 $0 $0
2016 $3,522 $149,390 $0 $0
2015 $3,430 $145,040 $0 $0
2014 $3,378 $140,820 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $895,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $343,000 Wfg Title
Corporate Deed $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,700 Commercial
Previous Owner $147,682 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 375903263

Regional Multiple Listing Service (RMLS)

APN: R210426

Oregon Multnomah County Portland 97211 King

4824 NE 8th Ave Unit 4826, Portland, OR

For Sale

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Javier Alomia
Listing Agent
Javier Alomia
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Real Broker
(503) 868-2379