Impeccably maintained 4-plex in quiet Sellwood location. Building has been updated with newer plumbing, vinyl windows/sliders, insulation, interior updates and security features/lighting. Vacant unit has been recently remodeled w/LVP flooring, new appliances and fresh paint/fixtures. Lower units feature private decks/garden space. Off street assigned parking for each unit. Clean, shared laundry space in basement. Great investment or owner-operator opportunity!
Off market
$953,500
8442 SE 23rd Ave, Portland, OR 97202
8beds
4baths
2,956sqft
MultiFamily
Built in 1969
-- sqft lot
$953,500 Zestimate®
$323/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 2,956 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Deck
- Exterior features: Brick
Lot
- Size: 5,850 sqft
- Features: Level, Private
Details
- Parcel number: R262236
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Security Lights, Security System Owned
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 5025
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Range, Tank Water Heater
- Basement: Finished, Partial, Exterior Entry
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Brick, Lap Siding
- Roof: Composition
- LotFeatures: Level, Private
- Zoning: RM1
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- OpenParkingYN: true
- LaundryFeatures: Common Area
- SecurityFeatures: Security Lights, Security System Owned
- ParkingFeatures: Paved, Open
- CapRate: 3.58
- PropertyCondition: Existing
- MlsStatus: Active
- CoListAgentEmail: brian@brianporter.com
- CoListAgentFullName: Brian Porter
- TotalActualRent: 5025
- GrossIncome: 56742
- GrossScheduledIncome: 61320
- TaxAnnualAmount: 8151.94
- NetOperatingIncome: 32028
- OperatingExpense: 24714
- Road surface type: Paved
Services availability

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Estimated market value
$953,500