8503 SE Insley St Unit 8521 Portland, OR 97266
Lents NeighborhoodEstimated payment $9,528/month
Highlights
- 0.52 Acre Lot
- Landscaped
- Level Lot
- Window Unit Cooling System
- Laundry Facilities
- Lap Siding
About This Home
Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,467
Year Built
- Built in 1971
Lot Details
- 0.52 Acre Lot
- Landscaped
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Lap Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,684 Sq Ft Home
- 2-Story Property
- Crawl Space
- Security Lights
Bedrooms and Bathrooms
- 16 Bedrooms
- 9 Bathrooms
Parking
- 9 Parking Spaces
- Driveway
- Paved Parking
Schools
- Marysville Elementary School
- Kellogg Middle School
- Franklin High School
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number R167829
Community Details
Overview
- 9 Units
Amenities
- Common Area
- Laundry Facilities
Building Details
- Operating Expense $43,000
- Gross Income $134,600
- Net Operating Income $91,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $1,549,000 | -0.1% | $202 / Sq Ft |
| 08/06/2025 08/06/25 | For Sale | $1,550,000 | -- | $202 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 435583336
APN: 1S2E16BC 07900
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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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