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 cut: $16K (6/2)
$859,000
8323-8329 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
- 137 days |
- 120 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Yarbor 503-396-0121,
Keller Williams Sunset Corridor
Source: RMLS (OR),MLS#: 390757578
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator, Gas Water Heater
- Laundry: Common Area
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,185
- Total interior livable area: 3,185 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Assigned
Features
- Stories: 1
Lot
- Size: 0.29 Acres
- Features: SqFt 10000 to 14999
Details
- Parcel number: R292349
- 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
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Other Internet Service
Community & HOA
Community
- Features: All Landscaping, Laundry
- Security: Security Lights
- Subdivision: Portsmouth Neighborhood
HOA
- Has HOA: No
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: 2/26/2026
- Listing terms: Cash,Conventional,Other
- Total actual rent: 5695
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,384/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $859,000-1.8%$270/sqft |
Source:  RMLS (OR) #390757578 Report a problem | ||
| 4/20/2026 | Price change | $875,000-2.2%$275/sqft |
Source: RMLS (OR) #390757578 Report a problem | ||
| 3/24/2026 | Price change | $895,000-3.2%$281/sqft |
Source: RMLS (OR) #390757578 Report a problem | ||
| 2/26/2026 | Listed for sale | $924,500$290/sqft |
Source: RMLS (OR) #390757578 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 | $133,240 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
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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- Oregon
- Multnomah County
- Portland
- 97203
- Portsmouth
- 8323-8329 N Dwight Ave
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