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Off market
  • $564,400

    8923 SE Reedway St, Portland, OR 97266

    6beds
    1,741sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $564,400 Zestimate®
    $324/sqft
    $2,048 Estimated rent

    Home value

    $564,400

    $531,000 - $598,000

    $2,048/mo

    Zestimate® history
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    Owner options

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    $2,048/mo

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    $2,048/mo

    Rent Zestimate®

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    $3,363/mo

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    $3,363/mo

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    What's special

    This Lents Neighborhood home has more to offer than a large back yard, it also has an ADU! Great income opportunity, with Unit A being 4 bed, 2.5 bath, wood floors, daylight, vaulted ceilings, and a den. Unit B offers a 2 bed, 1 bath, breakfast nook, & utility room. The units share a water meter but have separate electric meters, laundry, & parking. Reserve your tour today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Windows: Window Coverings
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,741 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: R115539
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Approximately
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 1995

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air
    • RoadSurfaceType: Paved
    • Appliances: Refrigerator, Washer/Dryer, Electric Water Heater, Range
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • Utilities: Natural Gas Connected
    • FarmLandAreaUnits: Square Feet
    • ConstructionMaterials: Shingle Siding, Cedar
    • Zoning: RM2
    • WindowFeatures: Window Coverings
    • RentIncludes: Trash Collection, Maintenance Grounds
    • TotalActualRent: 1995
    • OperatingExpense: 6899
    • CapRate: 6.06
    • MlsStatus: Active
    • PropertyCondition: Approximately
    • GrossIncome: 38338
    • NetOperatingIncome: 31439
    • TaxAnnualAmount: 5437.39
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/16/2021Sold$526,000+11.7%$302/sqft
    Source: RMLS (OR) #21033847 Report a problem
    11/1/2018Listing removed$1,995$1/sqft
    Source: Grid Property Management, LLC Report a problem
    10/20/2018Price change$1,995-9.1%$1/sqft
    Source: Grid Property Management, LLC Report a problem
    9/19/2018Listed for rent$2,195$1/sqft
    Source: Grid Property Management, LLC Report a problem
    8/24/2018Sold$471,000+2.6%$271/sqft
    Source: RMLS (OR) #18561348 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,902 +3.7%$256,140 +3%
    2024$6,654 +4%$248,680 +3%
    2023$6,398 +2.2%$241,440 +3%

    Find assessor info on the county website

    Neighborhood: Lents

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lent
    • Middle: Lent
    • High: Franklin

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $564,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $564,400