NOT LISTED FOR SALE

8512 N Willamette Blvd Unit 8516 Portland, OR 97203

Cathedral Park Neighborhood

Estimated Value: $805,000 - $840,867

6 Beds
6 Baths
2,592 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $832,000 $321 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,014/month

15 Days on Market

Highlights

  • River Front
  • Bluff on Lot
  • Wood Siding
  • View of Trees or Woods
  • Baseboard Heating

About This Home

As of October 2021

FAB Turn-Key Triplex overlooking the St. Johns Bridge and Forest Park! 3-bedroom "owner's" unit includes stunning views and private outdoor patio dining space. Updated kitchens, new exterior paint, well-maintained grounds, bolted foundation, and simply pristine all around. Solid rental history and investment opportunity w/ room to grow. Only a few blocks to Cathedral Park and downtown St. John's dining/shops. DND Tenants. Write subject to interior inspection.

Last Agent to Sell the Property

Amber Turner

Think Real Estate License #200507324 Listed on: 08/24/2021

Co-Listed By

Natalie Schirm-Olson

Think Real Estate License #201224063

Last Buyer's Agent

PAUL WARREN

MORE Realty License #201242867

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 1972

Lot Details

  • River Front
  • Bluff on Lot

Parking

  • Paved Parking

Property Views

  • Woods
  • Territorial

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • James John Elementary School
  • George Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R192099

Community Details

Overview

  • 3 Units
  • Cathedral Park/St Johns Subdivision

Building Details

  • Operating Expense $16,501
  • Gross Income $55,800
  • Net Operating Income $39,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,614

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 832000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Bluff
  • Road Surface Type: Paved
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: Paved
  • 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: James John
  • High School: Roosevelt
  • Middle Or Junior School: George

Lot Info

  • Zoning: RM2
  • Parcel #: R192099

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 6614.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.78
  • Annual Gross Income: 55800.0
  • Property Net Operating Income: 39299.0
  • Annual Operating Expense: 16501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 25, 2021
Sold by
Jeray Kevin M and Jeray Samantha M
Bought by
Gross Evan James
Seller's Agent
Amber Turner
Think Real Estate
Buyer's Agent
PAUL WARREN
MORE Realty
List Price
$824,900
Sold Price
$832,000
Premium/Discount to List
$7,100
0.86%
Current Estimated Value
$825,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,033
Avg. Annual Appreciation
-0.17%
Original Mortgage
$790,400
Outstanding Balance
$719,950
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$106,017

Purchase Details

Closed on
Mar 21, 2011
Sold by
Farrell Christine M
Bought by
Jeray Kevin M and Roddy Samantha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gross Evan James $832,000 First American Title
Jeray Kevin M $275,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Evan James $790,400
Previous Owner Jeray Kevin M $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $832,000 +0.9% $321 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $824,900 -- $318 / 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
2025 $8,087 $300,130 -- --
2024 $7,796 $291,390 -- --
2023 $7,497 $282,910 $0 $0
2022 $7,334 $274,670 $0 $0
2021 $7,210 $266,670 $0 $0
2020 $6,614 $258,910 $0 $0
2019 $6,371 $251,370 $0 $0
2018 $6,184 $244,050 $0 $0
2017 $5,927 $236,950 $0 $0
2016 $5,424 $230,050 $0 $0
2015 $5,123 $223,350 $0 $0
2014 $4,889 $216,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Turner

    Seller's Agent in 2021

    Amber Turner

    Think Real Estate

    (503) 847-2722

    3 in this area

    127 Total Sales

    Amber Turner
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Natalie Schirm-Olson

    Think Real Estate

    (503) 847-2722

    1 in this area

    86 Total Sales

    Natalie Schirm-Olson
    Section Image

  • P

    Buyer's Agent in 2021

    PAUL WARREN

    MORE Realty

    (562) 305-3226

    1 in this area

    29 Total Sales

    PAUL WARREN
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21551288

Regional Multiple Listing Service (RMLS)

APN: R192099

Oregon Multnomah County Portland 97203 Cathedral Park

8512 N Willamette Blvd Unit 8516, Portland, OR

Not Listed for Sale

MultiFamily

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.

Nearby Homes