PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!
Active
Price increase: $859K (6/2)
$859,000
8309-8315 N Dwight Ave, Portland, OR 97203
8beds
3,185sqft
Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$270/sqft
$-- HOA
What's special
Filled with natural lightOn site coin laundry
- 136 days |
- 120 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Yarbor 503-396-0121,
Keller Williams Sunset Corridor
Source: RMLS (OR),MLS#: 176792263
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,185
- Total interior livable area: 3,185 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned
Features
- Stories: 1
Lot
- Size: 0.29 Acres
- Features: SqFt 10000 to 14999
Details
- Parcel number: R292350
- Zoning: R 5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Other Internet Service
Community & HOA
Community
- Security: Security Lights
- Subdivision: Portsmouth
Location
- Region: Portland
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $925,220
- Annual tax amount: $7,512
- Date on market: 3/5/2026
- Listing terms: Cash,Conventional
- Total actual rent: 5525
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,696/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $1,718,000+100%$539/sqft |
Source:  RMLS (OR) #271936638 Report a problem | ||
| 6/2/2026 | Price change | $859,000-50.9%$270/sqft |
Source: RMLS (OR) #176792263 Report a problem | ||
| 4/20/2026 | Price change | $1,750,000+100%$549/sqft |
Source: RMLS (OR) #271936638 Report a problem | ||
| 4/20/2026 | Price change | $875,000-2.2%$275/sqft |
Source: RMLS (OR) #176792263 Report a problem | ||
| 3/25/2026 | Price change | $895,000-50%$281/sqft |
Source: RMLS (OR) #176792263 Report a problem | ||
| 3/24/2026 | Price change | $1,790,000+93.6%$562/sqft |
Source: RMLS (OR) #271936638 Report a problem | ||
| 3/5/2026 | Price change | $924,500-50%$290/sqft |
Source: RMLS (OR) #176792263 Report a problem | ||
| 2/12/2026 | Price change | $1,849,000-7.5%$581/sqft |
Source: RMLS (OR) #271936638 Report a problem | ||
| 1/26/2026 | Listed for sale | $1,999,000$628/sqft |
Source: RMLS (OR) #271936638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,513 +3.7% | $278,820 +3% |
| 2024 | $7,243 +4% | $270,700 +3% |
| 2023 | $6,964 +2.2% | $262,820 +3% |
| 2022 | $6,814 +1.7% | $255,170 +3% |
| 2021 | $6,698 +9% | $247,740 +3% |
| 2020 | $6,145 +3.8% | $240,530 +3% |
| 2019 | $5,919 | $233,530 +3% |
| 2018 | $5,919 +3% | $226,730 +3% |
| 2017 | $5,745 +14% | $220,130 +3% |
| 2016 | $5,039 | $213,720 +3% |
| 2015 | $5,039 +2.7% | $207,500 +3% |
| 2014 | $4,907 +3.9% | $201,460 +3% |
| 2013 | $4,721 +10.5% | $195,600 +3% |
| 2012 | $4,270 +3.9% | $189,910 +3% |
| 2011 | $4,110 +5.4% | $184,380 +3% |
| 2010 | $3,899 +2.7% | $179,010 +3% |
| 2009 | $3,797 +6% | $173,800 +3% |
| 2008 | $3,583 +0.3% | $168,740 +3% |
| 2007 | $3,572 +11.4% | $163,830 +3% |
| 2006 | $3,208 +4.7% | $159,060 +3% |
| 2005 | $3,064 -8.2% | $154,430 +3% |
| 2004 | $3,337 +2.3% | $149,940 +3% |
| 2003 | $3,264 +8.9% | $145,580 +3% |
| 2002 | $2,997 +7.4% | $141,340 +6.1% |
| 2000 | $2,792 | $133,240 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Portsmouth
Nearby schools
GreatSchools rating
- 9/10Astor Elementary SchoolGrades: K-8Distance: 0.8 mi
- 2/10Roosevelt High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Rosa Parks
- Middle: Astor
- High: Roosevelt
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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