144 SE 85th Ave, Portland, OR 97216

Portland
Local realty services provided by:Knipe Realty ERA Powered
144 SE 85th Ave,Portland, OR 97216
$770,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john mckay, renee king
Office: premiere property group, llc.503-670-9000
MLS#:502946846
Source:PORTLAND

Price summary

  • Price:$770,000

About this home

Strong investment opportunity with immediate income potential in Montavilla! This property, situated on a double lot with excellent development upside, was purchased as a gorgeous mid-century with a shop. The home is split into two units, in addition to the shop converted into a cottage. The main home has been configured into two separate living spaces, offering seven total bedrooms – four on the main level and three on the lower – each rented individually. The former shop has been transformed into a detached one-bedroom one-bathroom unit with tall ceilings, bringing the total to eight income-producing tenants. Each unit is equipped with its own kitchen, washer/dryer, and water heater. Positioned on a spacious corner lot, this property offers significant flexibility for future expansion or redevelopment with possibility of building a new home in front of the detached extended living space. Sellers have nearly completed the lot partition – only utility adjustments to be finalized....

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Subdivision & Development:MONTAVILLA
  • Listing ID #:502946846
  • Added:145 day(s) ago
  • Updated:August 12, 2026 at 11:57 AM

Rooms and interior

  • Basement Description:Finished

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Mini Split

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1950
  • Lot area:0.23 Acres
  • Lot Features:Corner Lot, Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Leodis McDaniel
  • Middle school:Harrison Park
  • Elementary school:Vestal

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$770,000
  • Tax amount:$8,819 (2025)

Parking

  • Parking description:Driveway
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

New listings near 144 SE 85th Ave