Unique investment opportunity to own an entire cul-de-sac featuring seven single-family homes. The community includes six 4-bed/2-bath homes and one 2-bed home, with six of the homes offering attached garages. These low-maintenance homes are built with vinyl siding and updated systems, ensuring minimal upkeep and long-term reliability. Interior inspections available with an accepted offer. Addresses: 2312 SE 89th Ave, 2314 SE 89th Ave, 2316 SE 89th Ave, 2318 SE 89th Ave, 2320 SE 89th Ave, 2322 SE 89th Ave, 2328 SE 89th Ave. Properties are being sold in a group transaction, include MLS Numbers (407525155, 734584679, 752538736, 251054792, 519172749, 777810656) for a total purchase price of $17,000,000.
Sold
$1,225,000
2316 SE 89th Ave, Portland, OR 97216
26beds
10,800sqft
Multi Family
Built in 2006
-- sqft lot
$3,007,500 Zestimate®
$113/sqft
$1,594 Estimated rent
Home value
$3,007,500
$2.35M - $3.73M
$1,594/mo
Zestimate® history
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$1,594/mo
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$6,159/mo
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List your homeWhat's special
Seven single-family homesAttached garagesEntire cul-de-sac
Zillow last checked:
Listing updated:
Listed by:
Jim McCartan 503-314-2100,
Cascade Hasson Sotheby's International Realty,
Joe McCartan 971-400-0017,
Cascade Hasson Sotheby's International Realty
Bought with:
Jim McCartan, 930100065
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 407525155
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space,None
Interior area
- Total structure area: 10,800
- Total interior livable area: 10,800 sqft
Property
Parking
- Parking features: Garage, Off Street
- Has garage: Yes
Features
- Stories: 2
Lot
- Size: 0.67 Acres
- Features: Cul-De-Sac, Level, Private, SqFt 20000 to Acres1
Details
- Parcel number: R106052
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: None
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 13300
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $1,225,000-30%$113/sqft |
Source:  RMLS (OR) #407525155 Report a problem | ||
| 4/17/2025 | Pending sale | $1,750,000$162/sqft |
Source: RMLS (OR) #407525155 Report a problem | ||
| 3/27/2025 | Listed for sale | $1,750,000+138.3%$162/sqft |
Source: RMLS (OR) #407525155 Report a problem | ||
| 4/27/2013 | Listing removed | $1,395 |
Source: Cascade Community Management Report a problem | ||
| 4/11/2013 | Listed for rent | $1,395 |
Source: Cascade Community Management, LLC Report a problem | ||
| 1/29/2010 | Sold | $734,486+119.2%$68/sqft |
Source: Public Record Report a problem | ||
| 11/16/2004 | Sold | $335,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,751 +0.7% | $1,393,110 +3% |
| 2024 | $34,510 +7.5% | $1,352,540 +3% |
| 2023 | $32,099 -0.5% | $1,313,150 +3% |
| 2022 | $32,273 +7.4% | $1,274,910 +3% |
| 2021 | $30,055 +16.1% | $1,237,780 +3% |
| 2020 | $25,877 -0.2% | $1,201,730 +3% |
| 2019 | $25,941 | $1,166,730 +3% |
| 2018 | $25,941 +1.9% | $1,132,750 +3% |
| 2017 | $25,466 +34.2% | $1,099,760 +3% |
| 2016 | $18,981 | $1,067,730 +3% |
| 2015 | $18,981 -3.8% | $1,036,640 +3% |
| 2014 | $19,732 +415.4% | $1,006,450 +421.6% |
| 2005 | $3,828 +45.4% | $192,940 +63.1% |
| 2004 | $2,633 +2.3% | $118,290 +3% |
| 2003 | $2,575 +8.9% | $114,850 +3% |
| 2002 | $2,365 +7.4% | $111,510 +6.1% |
| 2000 | $2,202 | $105,120 |
Find assessor info on the county website
Neighborhood: Montavilla
Nearby schools
GreatSchools rating
- 3/10Clark Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Harrison Park SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Clark
- Middle: Harrison Park
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$3,007,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,007,500
- Oregon
- Multnomah County
- Portland
- 97216
- Montavilla
- 2316 SE 89th Ave
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