144 SE 85th Ave, Portland, OR 97216

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
144 SE 85th Ave,Portland, OR 97216
$800,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john mckay, renee king
Office: premiere property group, llc.
MLS#:502946846
Source:PORTLAND

Price summary

  • Price:$800,000

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....

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Home facts

  • Year built:1950
  • Listing ID #:502946846
  • Added:1 day(s) ago
  • Updated:March 20, 2026 at 03:26 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:$800,000
  • 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 ERA Freeman & Associates, Realtors 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: March 20, 2026

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