Off market

Tax assessed value

$794,580

8407 NE Russell St, Portland, OR 97220

8beds

950sqft

MultiFamily

Built in 2000

-- sqft lot

$-- Zestimate^®

$836/sqft

$2,015 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,015/mo

Zestimate^® history

Owner options

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$2,015/mo

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$2,015/mo

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$4,857/mo

Est. payment

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$4,857/mo

Est. payment

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What's special

Well maintained 4 Plex. 3 units 2 bed 1.1 bath - 1 unit 2bed / 1 bath. All units have fireplaces. Great lay outs. Great location - easy access to freeways, airport & shopping. There is HOA of $504.00 a month, includes property management, trash service, general property upkeep including landscaping & de-icing in winter. Gross Rent Multiplier 11.72

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 7
Full bathrooms: 7

Heating

Forced air

Cooling

None

Appliances

Included: Dishwasher, Dryer, Refrigerator, Washer

Features

Dishwasher, Refrigerator, Range, Washer/Dryer
Basement: Finished
Has fireplace: Yes

Interior area

Total interior livable area: 950 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Wood

Lot

Size: 5,265 sqft
Features: Level

Details

Parcel number: R211204
Zoning: R1

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Composition

Condition

Year built: 2000
Major remodel year: 2000

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Portland

Other

Other facts

Sewer: Public Sewer
WaterSource: Public
Zoning: R1
AttachedGarageYN: true
HeatingYN: true
Heating: Zoned
NumberOfUnitsTotal: 4
CurrentFinancing: Conventional, Cash
Roof: Composition
LotFeatures: Level
NumberOfUnitsInCommunity: 4
ParkingFeatures: Attached, Garage
YearBuiltEffective: 2000
InteriorFeatures: Dishwasher, Refrigerator, Range, Washer/Dryer
RoadSurfaceType: Concrete
CapRate: 4.83
MlsStatus: Pending
GrossIncome: 66132
OperatingExpense: 37018
Road surface type: Concrete

Price history

Date	Event	Price
4/2/2020	Sold	$770,000-0.6%$811/sqft
Source: RMLS (OR) #20437539 Report a problem
2/28/2020	Pending sale	$775,000$816/sqft
Source: Realty Works Group #20437539 Report a problem
2/5/2020	Listed for sale	$775,000+50.5%$816/sqft
Source: Realty Works Group #20437539 Report a problem
1/16/2018	Listing removed	$1,450$2/sqft
Source: Fortress Property Management, Inc. Report a problem
1/12/2018	Listed for rent	$1,450$2/sqft
Source: Fortress Property Management, Inc. Report a problem
2/1/2006	Sold	$515,000+28.9%$542/sqft
Source: Public Record Report a problem
5/17/2004	Sold	$399,500+487.5%$421/sqft
Source: Public Record Report a problem
3/16/1999	Sold	$68,000$72/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,857 +3.7%	$402,920 +3%
2024	$10,466 +4%	$391,190 +3%
2023	$10,064 +2.2%	$379,800 +3%
2022	$9,846 +1.7%	$368,740 +3%
2021	$9,679 +9%	$358,000 +3%
2020	$8,880 +3.8%	$347,580 +3%
2019	$8,553	$337,460 +3%
2018	$8,553 +3%	$327,640 +3%
2017	$8,302 +14%	$318,100 +3%
2016	$7,282	$308,840 +3%
2015	$7,282 +2.7%	$299,850 +3%
2014	$7,091 +25.3%	$291,120 +3%
2013	$5,661 +16.2%	$282,650 +3%
2012	$4,872 +5.2%	$274,420 +3%
2011	$4,630 -14.6%	$266,430 +3%
2010	$5,422 -1.2%	$258,670 +3%
2009	$5,487 +6%	$251,140 +3%
2008	$5,178 +0.3%	$243,830 +3%
2007	$5,162 +11.4%	$236,730 +3%
2006	$4,636 +4.7%	$229,840 +3%
2005	$4,428 -8.2%	$223,150 +3%
2004	$4,822 +2.3%	$216,660 +3%
2003	$4,716 +8.9%	$210,350 +3%
2002	$4,331 +7.4%	$204,230 +6.1%
2000	$4,034	$192,520