Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS# 767340896) – $2,495/mo1214 SE 179th Ave (MLS# 206884563) – $1,895/mo17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income—perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All data—including financials, zoning, and rental agreements—to be verified by the buyer. Shown by appointment only and limited showings. Please do not disturb tenants.
Active
$430,000
1214 SE 179th Ave, Portland, OR 97233
2beds
1,344sqft
Est.:
Residential, Single Family Residence
Built in 1978
4,356 Square Feet Lot
$-- Zestimate®
$320/sqft
$-- HOA
What's special
- 221 days |
- 289 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 04:22pm
Listed by:
Nicole Richards 503-886-9156,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 206884563
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Heating
- Forced Air
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Other Water Heater
Features
- High Ceilings, Vaulted Ceiling(s)
- Flooring: Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Attached, Tuck Under
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Yard
Lot
- Size: 4,356 Square Feet
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R258597
- Zoning: LDR-5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Lap Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $417,110
- Annual tax amount: $2,309
- Date on market: 5/6/2025
- Listing terms: Cash,Conventional,Other,Owner Will Carry
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Listed for sale | $430,000-13.1%$320/sqft |
Source:  RMLS (OR) #206884563 Report a problem | ||
| 2/11/2025 | Listing removed | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/4/2025 | Listed for rent | $1,895+18.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2019 | Listing removed | $1,595$1/sqft |
Source: Evergreen Property Management, Inc Report a problem | ||
| 10/11/2019 | Listed for rent | $1,595+6.7%$1/sqft |
Source: Evergreen Property Management, Inc Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,441 +5.7% | $127,210 +3% |
| 2024 | $2,310 +10.5% | $123,510 +3% |
| 2023 | $2,090 +2.5% | $119,920 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,570/mo
Principal & interest
$2079
Property taxes
$340
Home insurance
$151
Climate risks
Neighborhood: 97233
Nearby schools
GreatSchools rating
- 2/10Alder Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Hauton B Lee Middle SchoolGrades: 6-8Distance: 1.3 mi
- 1/10Reynolds High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Alder
- Middle: H.B. Lee
- High: Reynolds
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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