Fantastic value-add opportunity in the heart of Sellwood! This 4,200 SF 4-unit multi-family offers an owner-user or an investor a way to have immediate income and the potential to improve the units to increase rent. The units are in good condition but could be substantially improved with minimal work, a great way to turn a bit of sweat equity into long-term value. Amazing location with a coffee shop next door and numerous restaurants a block away. Whether you're a seasoned investor or a first-time buyer looking to enter the market, this property promises an appealing return on investment.
Sold
$755,000
8512 SE 17th Ave, Portland, OR 97202
5beds
4,208sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$179/sqft
$4,282 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,282/mo
Zestimate® history
Owner options
List your home for rent
$4,282/mo
Rent Zestimate®
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$4,282/mo
Rent Zestimate®
Refinance and save
$4,615/mo
Est. payment
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$4,615/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Clair jeff@portlandlandbroker.com,
All Professionals Real Estate
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 24493427
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
Features
- Storage
- Flooring: Hardwood, Wood
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 4,208
- Total interior livable area: 4,208 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Paved
Features
- Stories: 2
Lot
- Size: 5,227 sqft
- Dimensions: 50' x 100'
- Features: Level, On Busline, SqFt 5000 to 6999
Details
- Parcel number: R267727
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shingle Siding, Tongue and Groove, Wood Composite
- Foundation: Slab
- Roof: Composition
Condition
- Fixer
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Limited Access
Location
- Region: Portland
- Subdivision: Sellwood-Moreland
HOA & financial
Other financial information
- Total actual rent: 5545
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Rehab,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $755,000+0.8%$179/sqft |
Source:  RMLS (OR) #24493427 Report a problem | ||
| 7/1/2024 | Pending sale | $749,000$178/sqft |
Source: RMLS (OR) #24493427 Report a problem | ||
| 6/14/2024 | Listed for sale | $749,000$178/sqft |
Source: RMLS (OR) #24493427 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,781 +3.7% | $325,900 +3% |
| 2024 | $8,466 +4% | $316,410 +3% |
| 2023 | $8,140 +2.2% | $307,200 +3% |
| 2022 | $7,964 +1.7% | $298,260 +3% |
| 2021 | $7,830 +9% | $289,580 +3% |
| 2020 | $7,183 +3.8% | $281,150 +3% |
| 2019 | $6,919 | $272,970 +3% |
| 2018 | $6,919 +3% | $265,020 +3% |
| 2017 | $6,715 +14% | $257,310 +3% |
| 2016 | $5,890 | $249,820 +3% |
| 2015 | $5,890 +2.7% | $242,550 +3% |
| 2014 | $5,736 +3.9% | $235,490 +3% |
| 2013 | $5,518 +10.5% | $228,640 +3% |
| 2012 | $4,992 +3.9% | $221,990 +3% |
| 2011 | $4,804 +5.4% | $215,530 +3% |
| 2010 | $4,558 +2.7% | $209,260 +3% |
| 2009 | $4,439 +6% | $203,170 +3% |
| 2008 | $4,189 +0.3% | $197,260 +3% |
| 2007 | $4,176 +11.4% | $191,520 +3% |
| 2006 | $3,751 +4.7% | $185,950 +3% |
| 2005 | $3,582 -8.2% | $180,540 +3% |
| 2004 | $3,902 +2.3% | $175,290 +3% |
| 2003 | $3,815 +8.9% | $170,190 +3% |
| 2002 | $3,504 +7.4% | $165,240 +6.1% |
| 2000 | $3,263 +7.5% | $155,760 +3% |
| 1999 | $3,034 | $151,230 |
Find assessor info on the county website
Neighborhood: Sellwood-Moreland
Nearby schools
GreatSchools rating
- 9/10Duniway Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10Sellwood Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Duniway
- Middle: Sellwood
- High: Cleveland
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
- 97202
- Sellwood-Moreland
- 8512 SE 17th Ave
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