8805 SE 17th Ave, Portland, OR 97202

Local realty services provided by:Knipe Realty ERA Powered
8805 SE 17th Ave,Portland, OR 97202
$1,249,900
Virtual Tour
  • - Beds
  • - Baths
  • 4,536 sq. ft.
  • Multi-family
  • Active
Listed by: mary gedrose, greg whistler
Office: premiere property group, llc.
MLS#:782010914
Source:PORTLAND

Price summary

  • Price:$1,249,900
  • Price per sq. ft.:$275.55

About this home

An exceptional investment opportunity in one of Portland’s most desirable and walkable neighborhoods—Sellwood-Moreland. This fully leased 5-unit multifamily property offers consistent cash flow, long-term tenants, and excellent proximity to parks, schools, shops, and transit. The property sits on a corner lot and features a strong unit mix. Four 2BR/1.5BA townhomes offer two levels, private entrances, in-unit laundry, walk-in closets, private balconies, LVT flooring (in many), celling fans, tenant storage, and dedicated carports. The fifth unit is a 1BR/1BA single-level flat with its own washer/dryer, LVT flooring throughout, storage space, and private carport—ideal for a professional tenant. All five units are currently rented to long-term tenants, minimizing vacancy and turnover. The property is well-maintained and operating at a 4.14% cap rate with future upside through rent increases or light cosmetic updates. RM1 zoning offers future development flexibility. Sellwood-Moreland is

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Home facts

  • Year built:1968
  • Listing ID #:782010914
  • Added:168 day(s) ago
  • Updated:December 23, 2025 at 05:18 AM

Rooms and interior

  • Living area:4,536 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat
  • Year built:1968
  • Building area:4,536 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Cleveland
  • Middle school:Sellwood
  • Elementary school:Duniway

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,249,900
  • Price per sq. ft.:$275.55
  • Tax amount:$10,597
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 2025 RMLS, Portland, Oregon. Last updated: December 23, 2025

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