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  • $650,000

    17941 SE Main St, Portland, OR 97233

    2beds
    1,008sqft
    : 
    Residential, Single Family Residence
    Built in 1949
    0.75 Acres Lot
    $-- Zestimate®
    $645/sqft
    $-- HOA

    What's special

    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/mo 1214 SE 179th Ave (MLS# 206884563) – $1,895/mo 17941 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.
    221 days
    |
    94
    |
    2
    |

    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#: 546685047MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Heating
    • Forced Air
    Appliances
    • Included: Built In Oven, Cooktop, Dishwasher, Free-Standing Refrigerator
    Features
    • Flooring: Wall to Wall Carpet
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,008
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, RV Access/Parking, Detached
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Yard
    Lot
    • Size: 0.75 Acres
    • Features: Level, SqFt 20000 to Acres1
    Details
    • Additional structures: RVParking, ToolShed
    • Parcel number: R258584
    • Zoning: LDR-5

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $645/sqft
    • Tax assessed value: $857,920
    • Annual tax amount: $4,344
    • Date on market: 5/6/2025
    • Listing terms: Cash,Conventional,Owner Will Carry
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    5/9/2025Price change$1,595,000+145.4%$1,582/sqft
    Source: RMLS (OR) #631555811 Report a problem
    5/9/2025Listed for sale$650,000+160%$645/sqft
    Source: RMLS (OR) #546685047 Report a problem
    12/21/2020Listed for rent$1,595+33.5%$2/sqft
    Source: Evergreen Property Management, Inc Report a problem
    1/23/2018Listing removed$1,195$1/sqft
    Source: Evergreen Property Management. LLC Report a problem
    1/11/2018Listed for rent$1,195+16.6%$1/sqft
    Source: Evergreen Property Management. LLC Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$4,591 +5.7%$239,250 +3%
    2024$4,344 +10.5%$232,290 +3%
    2023$3,931 +2.5%$225,530 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,881/mo
    Principal & interest
    $3138
    Property taxes
    $515
    Home insurance
    $228

      Climate risks

      Neighborhood: 97233

      Nearby schools

      GreatSchools rating
      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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