So many possibilities with this property. Currently has 1431sq ft office/retail space at street level located in first building along with 2 rented apartment units above. Property also offers roughly 1000 sq ft of basement space. 2nd building has 2 rented apartment units with a small basement. Property is a fixer and being sold as-is. Development opportunity with this property as well, tear down and build new. See attached plans. Zoned CM2. Do not disturb tenants or walk on property with-out an appointment. Buyer to verify sq ft of property. This property is income producing but could be so much more! Great Investment property awaits you. Purchase includes both yellow and gray building.
Active
Price cut: $45.1K (9/17)
$599,950
8325 SE Division St, Portland, OR 97216
5beds
5,500sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
Small basement
- 110 days
- 278
- 23
Zillow last checked:
Listing updated:
Listed by:
Connie Brockway 503-544-1196,
Elite Realty & Associates LLC
Source: RMLS (OR),MLS#: 539084810
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished,Storage Space
Interior area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R332236
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Approximately
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $109/sqft
- Annual tax amount: $5,658
- Date on market: 6/16/2026
- Listing terms: Cash,Conventional,Rehab
- Total actual rent: 5080
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Price change | $599,950-7%$109/sqft |
Source:  RMLS (OR) #539084810 Report a problem | ||
| 6/16/2026 | Listed for sale | $645,000$117/sqft |
Source: RMLS (OR) #539084810 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Montavilla
Nearby schools
Schools provided by the listing agent
- Elementary: Harrison Park
- 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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