8924 SE Ellis St, Portland, OR 97266

Portland
Local realty services provided by:Knipe Realty ERA Powered
8924 SE Ellis St,Portland, OR 97266
$695,000
  • - Beds
  • - Baths
  • 5,148 sq. ft.
  • Multi-family
  • Active
Listed by: marc rogers, kathy rogers
Office: township properties real estate llc.503-704-9173
MLS#:593286951
Source:PORTLAND

Price summary

  • Price:$695,000
  • Price per sq. ft.:$135

About this home

CONTRACT TERMS! 5% Interest, 30% DOWN, 30 YEAR AMORTIZATION WITH A 5 YEAR BALLOON. Exceptional investment opportunity featuring six well-maintained units configured as three duplexes on a single tax lot. This property offers an attractive combination of stable cash flow, future upside, and favorable seller financing.Each unit features sought-after amenities including washer/dryer hookups, fireplaces, and private patios, providing comfort and convenience that appeal to long-term tenants. The property also offers ample off-street parking, a valuable amenity in today's rental market. Close to MAX Light Rail, buslines and shopping. Located in the vibrant Lents neighborhood, "an up-and-coming area & one of the new hotspots in Portland" according to PortlandNeighborhood.com. Lents is widely recognized for its ongoing growth, revitalization, and increasing popularity, this property is well-positioned to benefit from continued demand. With potential for rent increases, investors have the...

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Home facts

  • Year built:1973
  • Listing ID #:593286951
  • Added:1 day(s) ago
  • Updated:July 22, 2026 at 08:19 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:5,148 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:5,148 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:Level, Public Road
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:Franklin
  • Middle school:Kellogg
  • Elementary school:Marysville

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$135
  • Tax amount:$14,396 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Off Street, 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 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: July 22, 2026

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