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  • $2,000,000

    8300 SE Flavel St, Portland, OR 97266

    12beds
    6,070sqft
    : 
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    Multi Family
    Built in 2020
    -- sqft lot
    $-- Zestimate®
    $329/sqft
    $-- HOA

    What's special

    Seven off-street parking spacesAttractive residential setting
    Introducing a six-unit apartment community located in Portland's growing Lents neighborhood. Built in 2019, the property offers investors a rare opportunity to acquire a newer-construction multifamily asset comprised entirely of spacious two-bedroom apartment homes.The property features six well-designed 2-bedroom, 1-bathroom units totaling approximately 6,014 rentable square feet within a 6,070-square-foot building. With an average unit size exceeding 1,000 square feet, the apartments provide residents with larger-than-average floor plans that continue to experience strong demand among renters seeking additional living space.Each residence is equipped with in-unit washers and dryers, providing a highly desirable amenity that enhances resident convenience and supports tenant retention. The property also offers seven off-street parking spaces, providing ample parking for residents and guests.Situated on a 12,524-square-foot lot (0.29 acres), the asset benefits from a low-density site layout and attractive residential setting. Constructed in 2019, the property offers investors the advantages of modern construction, reduced near-term capital expenditure requirements, and contemporary design features sought by today's renters.Located minutes from Lents Town Center, Lents Park, the Springwater Corridor Trail, and major transportation corridors including Interstate 205, the property provides residents with convenient access to employment centers, retail services, public transit, and outdoor recreation throughout the Portland metropolitan area.Property Highlights• Built in 2019• Six spacious 2-bedroom / 1-bathroom apartments• 6,014 rentable square feet• Average unit size of approximately 1,002 square feet• In-unit washers and dryers in every apartment• Seven off-street parking spaces• Large 12,524 SF (0.29-acre) site• Modern construction with limited near-term capital needs
    35 days
    |
    157
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin Ficker 971-273-5547,

    Rarebird Real Estate

    Source: RMLS (OR),MLS#: 244619036MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Mini Split
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 6,070
      • Total interior livable area: 6,070 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Assigned, Open
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 0.29 Acres
      • Features: Level, SqFt 10000 to 14999
      Details
      • Parcel number: R145996
      • Zoning: RM1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Approximately
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: None
      • Subdivision: Lents
      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $329/sqft
      • Tax assessed value: $1,650,710
      • Annual tax amount: $19,885
      • Date on market: 6/1/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 10100
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Listed for sale$2,000,000-25.9%$329/sqft
        Source: RMLS (OR) #244619036 Report a problem
        11/20/2022Listing removed--
        Source: Owner Report a problem
        8/22/2022Listed for sale$2,700,000+456.7%$445/sqft
        Source: Owner Report a problem
        12/1/1997Sold$485,000$80/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,885 +3.7%$738,000 +3%
        2024$19,171 +4%$716,510 +3%
        2023$18,434 +2.2%$695,650 +3%
        2022$18,034 +1.7%$675,390 +3%
        2021$17,729 +9%$655,720 +3%
        2020$16,264 +106%$636,620 +104.4%
        2019$7,894 $311,450 +367.3%
        2018$7,894 +367.4%$66,650 +3%
        2017$1,689 +181.6%$64,710 +154.4%
        2016$600 $25,440 +3%
        2015$600 +2.7%$24,700 +3%
        2014$584 +3.9%$23,990 +3%
        2013$562 +10.5%$23,300 +3%
        2012$509 +3.9%$22,630 +3%
        2011$490 +5.4%$21,980 +3%
        2010$465 +2.7%$21,340 +3%
        2009$453 +5.9%$20,720 +3%
        2008$427 +0.3%$20,120 +3%
        2007$426 +11.3%$19,540 +3%
        2006$383 +4.7%$18,980 +3%
        2005$366 -8.2%$18,430 +3%
        2004$398 +2.3%$17,900 +3%
        2003$390 +8.9%$17,380 +3%
        2002$358 +7.8%$16,880 +6%
        2000$332 $15,920

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Lents

        Getting around

        72 / 100
        Very Walkable
        51 / 100
        Good Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kelly
        • Middle: Lane
        • High: Franklin

        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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