Active

Price cut: $25K (6/30)

$850,000

2431 SE 141st Ave, Portland, OR 97233

9beds

4,516sqft

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Multi Family

Built in 1998

-- sqft lot

$-- Zestimate^®

$188/sqft

$-- HOA

What's special

This is an excellent opportunity for investor or owner an occupied investor. This multi-family property is custom built and has been meticulously maintained. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. Appliances include washer and dryer. A fantastic opportunity for an adept investor seeking stable rental income with potential for growth. Unit #2 is currently vacant and is ready to be shown.` Please do not walk the property or disturb the tenants. Convenient public transportation nearby.

94 days

236

23

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 8
Full bathrooms: 6
Partial bathrooms: 2

Heating

Forced Air

Cooling

Wall Unit(s)

Appliances

Included: Gas Water Heater

Features

Basement: Crawl Space

Interior area

Total structure area: 4,516
Total interior livable area: 4,516 sqft

Property

Parking

Total spaces: 4
Parking features: Assigned, Garage
Garage spaces: 3

Lot

Size: 9,583 Square Feet
Dimensions: 50' x 187'
Features: Level, SqFt 7000 to 9999

Details

Parcel number: R236416
Zoning: Mul

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1998

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security Lights
Subdivision: Hazelwood

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $188/sqft
Tax assessed value: $749,020
Annual tax amount: $11,590
Date on market: 3/31/2026
Listing terms: Cash,Conventional,FHA
Total actual rent: 7010
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/30/2026	Price change	$850,000-2.9%$188/sqft
Source: RMLS (OR) #680828430 Report a problem
4/1/2026	Listed for sale	$875,000$194/sqft
Source: RMLS (OR) #680828430 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,590 +4.4%	$479,320 +3%
2024	$11,102 +8.8%	$465,360 +3%
2023	$10,205 +1.4%	$451,810 +3%
2022	$10,066 +1.7%	$438,660 +3%
2021	$9,901 +11%	$425,890 +3%
2020	$8,916 +2.7%	$413,490 +3%
2019	$8,683	$401,450 +3%
2018	$8,683 +4.5%	$389,760 +3%
2017	$8,310 +21.7%	$378,410 +3%
2016	$6,826	$367,390 +5.6%
2015	$6,826 +15.4%	$347,840 +5.7%
2014	$5,915 +31.7%	$329,200 +24.9%
2013	$4,490 +7.4%	$263,670 +8.2%
2012	$4,182 +6.3%	$243,680 +6.5%
2011	$3,934 -12.3%	$228,830 -11.8%
2010	$4,484 -19.3%	$259,410 -18.6%
2009	$5,558 -19.8%	$318,870 -10.6%
2008	$6,930 -4.5%	$356,690 +3%
2007	$7,259 +6.1%	$346,310 +3%
2006	$6,843 +12.8%	$336,230 +3%
2005	$6,064 +3.7%	$326,440 +3%
2004	$5,845 +7.2%	$316,940 +3%
2003	$5,450 -9.3%	$307,710 +3%
2002	$6,011 +9.1%	$298,750 +6.1%
2000	$5,512 +4.1%	$281,610 +3%
1999	$5,294	$273,410

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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