Off market

Tax assessed value

$806,070

227-231 SE 79th Ave, Portland, OR 97215

8beds

2,976sqft

MultiFamily

Built in 1955

-- sqft lot

$-- Zestimate^®

$271/sqft

$2,823 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,823/mo

Zestimate^® history

Owner options

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$2,823/mo

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$2,823/mo

Rent Zestimate^®

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$4,961/mo

Est. payment

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$4,961/mo

Est. payment

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What's special

Dialed 4-plex in the heart of Montavilla! Upgrades to major systems make this plex turn key.Steps to theater, shopping, restaurants & bars.Hardwd under laminate &carpet.Each unit is 2 bedrm w/ amazing light.Storage units & coin-op laundry on site. Pkg for each unit. Great long term tenants & leases. This plex is a steal at this price, it won't last long!

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard

Appliances

Included: Refrigerator

Features

Window Coverings, Fireplace, Refrigerator, Hardwood Floors, Range
Flooring: Hardwood
Windows: Window Coverings
Basement: Partial, Crawl Space
Has fireplace: Yes

Interior area

Total interior livable area: 2,976 sqft

Property

Parking

Details: Paved

Features

Exterior features: Wood

Lot

Size: 7 Acres
Features: Level, Private

Details

Parcel number: R222443
Zoning: MR2

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Composition

Condition

Year built: 1955
Major remodel year: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available, Trash Collection

Community & neighborhood

Location

Region: Portland

Other

Other facts

Sewer: Public Sewer
WaterSource: Public
Heating: Baseboard
InteriorFeatures: Window Coverings, Fireplace, Refrigerator, Hardwood Floors, Range
GarageYN: true
HeatingYN: true
NumberOfUnitsTotal: 4
Basement: Partial, Crawl Space
CurrentFinancing: Conventional, FHA, Cash
Roof: Composition
StoriesTotal: 1
LotFeatures: Level, Private
NumberOfUnitsInCommunity: 4
Utilities: Water Available, Trash Collection
YearBuiltEffective: 1955
WindowFeatures: Window Coverings
GrossIncome: 46740
Zoning: MR2
AssociationAmenities: Laundry
ParkingFeatures: Paved
ExteriorFeatures: Basement, Individual Storage Units
CommunityFeatures: Laundry
OtherParking: Paved
GrossScheduledIncome: 65760
CapRate: 4.76
YearBuiltDetails: Existing
OperatingExpense: 11039

Price history

Date	Event	Price
6/7/2019	Sold	$750,000$252/sqft
Source: Public Record Report a problem
5/20/2019	Pending sale	$750,000$252/sqft
Source: Paris Group Realty LLC #19501915 Report a problem
5/9/2019	Listed for sale	$750,000+169.8%$252/sqft
Source: Paris Group Realty LLC #19501915 Report a problem
2/5/2003	Sold	$278,000$93/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,787 +3.7%	$326,110 +3%
2024	$8,471 +4%	$316,620 +3%
2023	$8,146 +2.2%	$307,400 +3%
2022	$7,969 +1.7%	$298,450 +3%
2021	$7,834 +9%	$289,760 +3%
2020	$7,187 +3.8%	$281,330 +3%
2019	$6,923	$273,140 +3%
2018	$6,923 +3%	$265,190 +3%
2017	$6,719 +14%	$257,470 +3%
2016	$5,894	$249,980 +3%
2015	$5,894 +2.7%	$242,700 +3%
2014	$5,739 +14.4%	$235,640 +3%
2013	$5,016 +7.8%	$228,780 +3%
2012	$4,654 +3.8%	$222,120 +3%
2011	$4,482 -1.7%	$215,660 +3%
2010	$4,561 +2.7%	$209,380 +3%
2009	$4,441 +6%	$203,290 +3%
2008	$4,191 +0.3%	$197,370 +3%
2007	$4,179 +11.4%	$191,630 +3%
2006	$3,753 +4.7%	$186,050 +3%
2005	$3,584 -8.2%	$180,640 +3%
2004	$3,904 +6.9%	$175,380 +3%
2003	$3,650 +4.1%	$170,280 +3%
2002	$3,506 +7.4%	$165,330 +6.1%
2000	$3,265	$155,850