CASH FLOWING INVESTMENT. A House plus Tri-pLex. Say no more. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838 (based on 20% down, 7% interest, 30-year fixed).That’s positive cash flow from day one, with room for increased returns over time!Whether you're looking to expand your portfolio or house-hack by living in one and renting the others, this property checks all the boxes.Prime location with strong rental demand.4 total units: 3 in the triplex + 1 detached home.Consistent rental history with upside potential.Minimal immediate maintenance needed — turnkey ready.Don't miss out on this high-yield investment — opportunities like this are rare! Trustee is a licensed Real Estate Agent in Oregon
Active
$1,068,900
2309 SE 90th Ave, Portland, OR 97216
11beds
5,302sqft
Est.:
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$202/sqft
$-- HOA
What's special
Detached homeStandalone sfh
- 392 days |
- 183 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 04:22pm
Listed by:
Lillie Barr 503-313-8806,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 24376013
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
- Full bathrooms: 7
- Partial bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total structure area: 5,302
- Total interior livable area: 5,302 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Paved
- Garage spaces: 4
Features
- Stories: 2
Lot
- Size: 0.34 Acres
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R106037
- Zoning: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Montavilla
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $1,183,820
- Annual tax amount: $16,212
- Date on market: 11/17/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 8080
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Price change | $1,068,900-2.7%$202/sqft |
Source:  RMLS (OR) #24376013 Report a problem | ||
| 4/2/2025 | Price change | $1,099,000-11.3%$207/sqft |
Source: RMLS (OR) #24376013 Report a problem | ||
| 3/26/2025 | Price change | $1,239,000-4.3%$234/sqft |
Source: RMLS (OR) #24376013 Report a problem | ||
| 11/17/2024 | Listed for sale | $1,295,000+22.6%$244/sqft |
Source: RMLS (OR) #24376013 Report a problem | ||
| 12/15/2021 | Sold | $1,056,000+38.9%$199/sqft |
Source: RMLS (OR) #21117273 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,212 +3.7% | $601,690 +3% |
| 2024 | $15,630 +4% | $584,170 +3% |
| 2023 | $15,029 +2.2% | $567,160 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,365/mo
Principal & interest
$4145
Property taxes
$846
Home insurance
$374
Climate risks
Neighborhood: Montavilla
Nearby schools
GreatSchools rating
- 9/10Harrison Park SchoolGrades: K-8Distance: 0.2 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Clark
- Middle: Harrison Park
- High: Leodis Mcdaniel
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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