Rare fourplex investment opportunity in the heart of Montavilla! This unique property combines three brand-new, three-story residences with an existing single-level home. Each new construction unit offers approximately 1,401 square feet with three bedrooms, open-concept living, dining and kitchen areas, and a thoughtful multi-level floor plan. The existing 712-square-foot home provides an additional standalone residence, creating four total units and approximately 4,915 square feet of combined living space. An excellent opportunity for an investor, owner-occupant or multi-generational living arrangement in one of Portland’s most vibrant neighborhoods, conveniently located near Montavilla’s popular restaurants, shops, parks and transit. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10224251]
Active
$1,300,000
9144 SE Alder St, Portland, OR 97216
11beds
4,915sqft
Multi Family
Built in 2026
-- sqft lot
$-- Zestimate®
$264/sqft
$-- HOA
What's special
Thoughtful multi-level floor planBrand-new three-story residencesExisting single-level homeThree bedrooms
- 19 days
- 195
- 6
Zillow last checked:
Listing updated:
Listed by:
Bryce Rosenbaum 503-367-8266,
Harcourts Real Estate Network Group
Source: RMLS (OR),MLS#: 729100864
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 4
- Partial bathrooms: 3
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Range, Dishwasher, Disposal, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,915
- Total interior livable area: 4,915 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: R104539
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Lap Siding
- Roof: Composition
Condition
- Approximately
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Commons
- Subdivision: Montavilla
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $403,800
- Annual tax amount: $3,907
- Date on market: 9/22/2026
- Listing terms: Cash,Conventional
- Total actual rent: 1800
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $1,300,000+256.2%$264/sqft |
Source:  RMLS (OR) #729100864 Report a problem | ||
| 2/12/2024 | Sold | $365,000$74/sqft |
Source: RMLS (OR) #23343766 Report a problem | ||
| 1/14/2024 | Pending sale | $365,000$74/sqft |
Source: RMLS (OR) #23343766 Report a problem | ||
| 12/16/2023 | Listed for sale | $365,000+87.2%$74/sqft |
Source: RMLS (OR) #23343766 Report a problem | ||
| 11/27/2013 | Sold | $195,000+73.3%$40/sqft |
Source: RMLS (OR) #13526930 Report a problem | ||
| 7/26/2013 | Sold | $112,500$23/sqft |
Source: RMLS (OR) #13090678 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,907 +3.7% | $145,000 +3% |
| 2024 | $3,767 +4% | $140,780 +3% |
| 2023 | $3,622 +2.2% | $136,680 +3% |
| 2022 | $3,543 +1.7% | $132,700 +3% |
| 2021 | $3,484 +9% | $128,840 +3% |
| 2020 | $3,196 +3.8% | $125,090 +3% |
| 2019 | $3,078 | $121,450 +3% |
| 2018 | $3,078 +3% | $117,920 +3% |
| 2017 | $2,988 +14% | $114,490 +3% |
| 2016 | $2,621 | $111,160 +3% |
| 2015 | $2,621 +2.7% | $107,930 +3% |
| 2014 | $2,552 +21.2% | $104,790 +11.9% |
| 2013 | $2,105 +7.7% | $93,640 +3% |
| 2012 | $1,955 -0.6% | $90,920 +3% |
| 2011 | $1,968 +5.4% | $88,280 +3% |
| 2010 | $1,867 +2.7% | $85,710 +3% |
| 2009 | $1,818 +6% | $83,220 +3% |
| 2008 | $1,716 +0.3% | $80,800 +3% |
| 2007 | $1,711 +11.4% | $78,450 +3% |
| 2006 | $1,536 +4.7% | $76,170 +3% |
| 2005 | $1,467 -8.2% | $73,960 +3% |
| 2004 | $1,598 +2.3% | $71,810 +3% |
| 2003 | $1,563 +8.9% | $69,720 +3% |
| 2002 | $1,435 +7.4% | $67,690 +6.1% |
| 2000 | $1,337 | $63,810 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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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