$475,000
SOLD SEP 12, 2025

8416 SE Insley St Unit 8420 Portland, OR 97266

Lents Neighborhood
5 Beds
3 Baths
2,228 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

5% Below List Price

109 Days on Market

About This Home

As of September 2025

Nice and clean triplex ready to buy and add to your real estate portfolio. Easy access to freeway and public transportation and consistent tenants in place makes this a smart investment. Nice updates in these units with newer kitchens, granite counters, new floors, newer paint and window coverings. Rents are currently below market which offers some room for future upside.

Last Agent to Sell the Property

Chris Suarez

Keller Williams Sunset Corridor Brokerage Phone: 503-890-6527 License #200108016 Listed on: 04/08/2025

Keller Williams Sunset Corridor

Last Buyer's Agent

Dineve Ramirez

Soldera Properties, Inc License #201202174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,204

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Marysville Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R159178

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,072
  • Gross Income $32,100
  • Net Operating Income $19,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,204

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1980
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: R159178

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7204.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.57
  • Annual Gross Income: 32100.0
  • Property Net Operating Income: 19028.0
  • Annual Operating Expense: 13072.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2004
Sold by
Ishida Ben T and Ishida Sumie G
Bought by
Ishida Se Insley Real Property Llc
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 Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Sold $475,000 -5.0% $213 / Sq Ft
07/26/2025 07/26/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $499,900 0.0% $224 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $499,900 -9.1% $224 / Sq Ft
04/29/2025 04/29/25 Price Changed $550,000 -8.3% $247 / Sq Ft
04/08/2025 04/08/25 For Sale $600,000 -- $269 / 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 $7,204 $269,270 -- --
2023 $7,204 $261,430 $0 $0
2022 $6,778 $253,820 $0 $0
2021 $6,663 $246,430 $0 $0
2020 $6,112 $239,260 $0 $0
2019 $5,888 $232,300 $0 $0
2018 $5,715 $225,540 $0 $0
2017 $5,193 $218,980 $0 $0
2016 $4,319 $212,610 $0 $0
2015 $3,663 $206,420 $0 $0
2014 $3,174 $187,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 311298959

Regional Multiple Listing Service (RMLS)

APN: R159178