$1,240,000

8102 SW 31st Ave Unit 8122 Portland, OR 97219

Multnomah Neighborhood

Estimated payment $7,976/month

Total Views 694
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime location in Multnomah Village – walkable to shops, restaurants, cafes, and community services. Easy access to I-5, Barbur Blvd, and Capitol Hwy for quick commutes to downtown Portland and major employment centers. Close to Gabriel Park, SW Community Center, and several grocery stores including New Seasons and Fred Meyer. Situated in a quiet, residential neighborhood with high tenant appeal and stable rental demand. In-unit Washer and Dryer Recent Capital Improvements include new roof, new electrical panels and new water heaters. Property owner is a licensed realtor in the State of Oregon.

Last Listed By

Steve Roesch

NextHome Realty Connection License #980900045 Listed on: 06/05/2025

NextHome Realty Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,742

Year Built

  • Built in 1971

Parking

  • 12 Parking Spaces

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Maplewood Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 0.34 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number R263362

Community Details

Overview

  • 6 Units
  • Multnomah Subdivision

Building Details

  • Operating Expense $49,632
  • Gross Income $110,820
  • Net Operating Income $55,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,742

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1971
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 12.0

Utilities

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

Schools

  • Elementary School: Maplewood
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810.0
  • Parcel #: R263362

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 16742.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.19
  • Annual Gross Income: 110820.0
  • Property Net Operating Income: 55647.0
  • Annual Operating Expense: 49632.0

Map

Range of Values:

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Average Value
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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
2023 $16,099 $608,100 $0 $0
2022 $15,750 $590,390 $0 $0
2021 $15,484 $573,200 $0 $0
2020 $14,203 $556,510 $0 $0
2019 $13,681 $540,310 $0 $0
2018 $13,279 $524,580 $0 $0
2017 $12,727 $509,310 $0 $0
2016 $11,646 $494,480 $0 $0
2015 $11,341 $480,080 $0 $0
2014 $11,170 $466,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $1,240,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Chicago Title Insurance Co
Trustee Deed $158,782 --
Warranty Deed $410,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,200 New Conventional
Closed $300,000 Unknown
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 547322813

Regional Multiple Listing Service (RMLS)

APN: R263362