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Sold
  • $1,120,000

    8503 SE Insley St, Portland, OR 97266

    16beds
    7,684sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $1,115,000 Zestimate®
    $146/sqft
    $1,587 Estimated rent

    Home value

    $1,115,000

    $1.06M - $1.18M

    $1,587/mo

    Zestimate® history
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    $1,587/mo

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    $5,631/mo

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    $5,631/mo

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    What's special

    Ample parkingCommon outdoor areaCharming well-maintained building
    Prime investment opportunity! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Kuehl 503-407-2414,

    ELEETE Real Estate

    Bought with:

    Cindy Co Pfeifer, 200204255

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 435583336MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 9
    • Full bathrooms: 9
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 7,684
    • Total interior livable area: 7,684 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.52 Acres
    • Features: Commons, Level, SqFt 20000 to Acres1
    Details
    • Parcel number: R167829
    • Zoning: R2A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Unknown
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: All Landscaping, Commons, Laundry
    • Security: Security Lights
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $146/sqft
    • Annual tax amount: $16,467
    • Date on market: 8/6/2025
    • Cumulative days on market: 303 days
    • Listing terms: Cash,Conventional
    • Total actual rent: 10800
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/17/2026Sold$1,120,000-22.8%$146/sqft
    Source: RMLS (OR) #435583336 Report a problem
    6/8/2026Pending sale$1,450,000$189/sqft
    Source: RMLS (OR) #435583336 Report a problem
    5/1/2026Price change$1,450,000-6.4%$189/sqft
    Source: RMLS (OR) #435583336 Report a problem
    10/17/2025Price change$1,549,000-0.1%$202/sqft
    Source: RMLS (OR) #435583336 Report a problem
    8/6/2025Listed for sale$1,550,000$202/sqft
    Source: RMLS (OR) #435583336 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lents

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Marysville
    • Middle: Kellogg
    • 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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    Estimated market value
    $1,115,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,115,000