Well-maintained and in excellent condition, this triplex is truly move-in ready for investors seeking steady returns. Located in a high-demand area, it offers a rare opportunity for both seasoned investors and those making their first multi-unit purchase. With a walk score of 92 and a bike score of 99, tenants will enjoy unmatched convenience, making this an even more attractive investment. Don’t miss out on this prime opportunity!
Active
$925,000
934 SE Nehalem St, Portland, OR 97202
5beds
2,500sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
- 5 days
- on Zillow |
- 301 |
- 7 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 03:56am
Listed by:
Nihad Aweidah 503-939-6666,
Windermere Realty Group
Source: RMLS (OR),MLS#: 364618648

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Dishwasher, Range, Washer/Dryer, Refrigerator
Features
- Storage
- Basement: Finished,Full
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Site, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 4,791.6 Square Feet
- Features: Gentle Sloping, Level, SqFt 3000 to 4999
Details
- Parcel number: R266941
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sellwood / Moreland
Location
- Region: Portland
Financial & listing details
- Price per square foot: $370/sqft
- Tax assessed value: $923,990
- Annual tax amount: $6,950
- Date on market: 5/17/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4950
- Road surface type: Paved
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