237 239 NE Graham St, Portland, OR 97212

Portland
Local realty services provided by:Columbia River Realty ERA Powered
237 239 NE Graham St,Portland, OR 97212
$775,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david raines
Office: 24/7 properties
MLS#:246624780
Source:PORTLAND

Price summary

  • Price:$775,000

About this home

Income-producing duplex in Portland’s sought-after Eliot neighborhood generating $61,140 annually with additional upside potential. Unit 239 (2 bed, 1 bath, approx. 1,200 sq ft) is already achieving strong market rent at $2,795/month, while Unit 237 (1 bed, 1 bath) is currently rented at $2,300/month and transitions to month-to-month in May 2026, creating an opportunity to adjust rents over time.With the larger 2-bedroom unit already performing at a strong level, the property provides a proven benchmark for income, while the 1-bedroom offers potential for incremental rent growth—creating a balanced investment with stable in-place cash flow and future upside.The property blends classic character with functional updates, including a newer furnace (~3 years old) and water heaters (~2–3 years old). Unit 237 features a large attic accessible by a full staircase, offering additional storage or potential future use. Both units include in-unit laundry.Additional highlights include a...

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Home facts

  • Year built:1904
  • Listing ID #:246624780
  • Added:1 day(s) ago
  • Updated:March 18, 2026 at 11:22 PM

Rooms and interior

  • Basement Description:Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1904
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Jefferson
  • Middle school:Boise-Eliot
  • Elementary school:Boise-Eliot

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$775,000
  • Tax amount:$2,962 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Open, Paved
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 Columbia River 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: March 18, 2026

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