Portland, OR 97202,8805 SE 17TH AVE
Portland, OR 97202,8805 SE 17TH AVE
Portland, OR 97202,8805 SE 17TH AVE
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Diana Lopez

Diana Lopez

+1(541) 905-8426
Listed by Premiere Property Group, LLC
$1,249,900
Est. payment /mo
4,536 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,536 sqft

Price per Sqft $275

Subdivision Sellwood - Moreland

MLS Listing ID 782010914

Year Built 1968

Annual Tax Amount $10,597

Lot Size 5,227 Sqft

Property Description

An exceptional investment opportunity in one of Portland's most desirable and walkable neighborhoods—Sellwood-Moreland. This fully leased 5-unit multifamily property offers consistent cash flow, long-term tenants, and excellent proximity to parks, schools, shops, and transit. The property sits on a corner lot and features a strong unit mix. Four 2BR/1.5BA townhomes offer two levels, private entrances, in-unit laundry, walk-in closets, private balconies, LVT flooring (in many), celling fans, tenant storage, and dedicated carports. The fifth unit is a 1BR/1BA single-level flat with its own washer/dryer, LVT flooring throughout, storage space, and private carport—ideal for a professional tenant. All five units are currently rented to long-term tenants, minimizing vacancy and turnover. The property is well-maintained and operating at a 4.14% cap rate with future upside through rent increases or light cosmetic updates. RM1 zoning offers future development flexibility. Sellwood-Moreland is a vibrant, eclectic neighborhood with tree-lined streets, charming shops, and strong community appeal. Easy access to downtown, MAX Orange Line, and Springwater Corridor. Near Sellwood Park, Oaks Bottom Wildlife Refuge, Oaks Amusement Park, and Sellwood Riverfront Park. Just minutes from the prestigious Waverley Country Club. Close to New Seasons Market, local cafés and restaurants, Reed College, Lewis & Clark, OHSU, and top-rated public schools. Walk Score: 74 | Bike Score: 95A rare, turnkey 5-plex in one of Portland's most established and sought-after neighborhoods—perfect for investors seeking stability, growth, and location. Fully occupied- Do not disturb tenants.

Location

State OR

County Multnomah

Area _143

Zoning R1D

Rooms

Basement None

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Roof Type Flat

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Duniway

Middle Schools Sellwood

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
Regional Multiple Listing Service (RMLS)

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Forest Hills Elementary School

    Public | KG - 5

  • 10

    Riverdale Grade School

    Public | PK - 8

  • 9

    Winterhaven School

    Public | KG - 8

  • 8

    Milwaukie Elementary School

    Public | KG - 5

  • 8

    Duniway Elementary School

    Public | KG - 5

  • 8

    Llewellyn Elementary School

    Public | KG - 5

  • 7

    View Acres Elementary School

    Public | KG - 5

  • 7

    Lewis Elementary School

    Public | KG - 5

  • 7

    Woodstock Elementary School

    Public | KG - 5

  • 6

    Lewelling Elementary School

    Public | KG - 5

  • 6

    Ardenwald Elementary School

    Public | KG - 5

  • 6

    Southwest Charter School

    Public | KG - 8

  • 6

    Creston Elementary School

    Public | KG - 8

  • 5

    El Puente

    Public | KG - 5

  • 5

    Grout Elementary School

    Public | KG - 5

  • 3

    Oak Grove Elementary School

    Public | KG - 5

  • 0

    Our Lady of the Lake School

    Private | KG - 8

  • 0

    St John the Baptist Catholic School

    Private | PK - 8

  • 0

    Portland Waldorf School

    Private | PK - 12

  • 0

    St Agatha Catholic School

    Private | PK - 8

Middle Schools 2
  • 8

    Sellwood Middle School

    Public | 6 - 8

  • 3

    Rowe Middle School

    Public | 6 - 8

High Schools 8
  • 9

    Riverdale High School

    Public | 9 - 12

  • 7

    Milwaukie Academy of the Arts

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 7

    Franklin High School

    Public | 9 - 12

  • 6

    Milwaukie High School

    Public | 9 - 12

  • 6

    Cleveland High School

    Public | 9 - 12

  • 1

    New Urban High School

    Public | 9 - 12

  • 0

    Yourth Progress Learning Center

    Private | 9 - 12

School and business data provided by Attom Data.
Diana Lopez
Diana Lopez

Agent | License ID: 201257405|REALTY OF AMERICA

+1(541) 905-8426 | dianalopez.homes@outlook.com

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