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.
Pending
Price cut: $99K (5/1)
$1,450,000
8503 SE Insley St, Portland, OR 97266
16beds
7,684sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Ample parkingCommon outdoor areaCharming well-maintained building
- 308 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Kuehl 503-407-2414,
ELEETE Real Estate
Source: RMLS (OR),MLS#: 435583336
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: $189/sqft
- Annual tax amount: $16,467
- Date on market: 8/6/2025
- Cumulative days on market: 309 days
- Listing terms: Cash,Conventional
- Total actual rent: 10800
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Pending sale | $1,450,000$189/sqft |
Source:  RMLS (OR) #435583336 Report a problem | ||
| 5/1/2026 | Price change | $1,450,000-6.4%$189/sqft |
Source: RMLS (OR) #435583336 Report a problem | ||
| 10/17/2025 | Price change | $1,549,000-0.1%$202/sqft |
Source: RMLS (OR) #435583336 Report a problem | ||
| 8/6/2025 | Listed for sale | $1,550,000$202/sqft |
Source: RMLS (OR) #435583336 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: Lents
Nearby schools
GreatSchools rating
- 4/10Marysville Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Kellogg Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 2 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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