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8120 NE FAILING ST

Portland, OR 97213
Square Ft.
2,952
Active
Multifamily
Virtual Tour
Property Photo
Property Photo
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located on the north side of NE Failing, this fully leased fiveplex features one two-bedroom, one-bath… Read MoreRead Less
Listing courtesy of Realty Marketing / Northwest.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
2,952
Lot Size
0.12 Acres
Year Built
1958
MLS Number
343352474
30 Days Snapshot Of 97213
$614k
-1%
(avg) sold price
38
+11%
homes sold
55
+44%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 2952, Built in 1958, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: Laundry
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $22,684
Exterior Features
Exterior Description: Brick, WoodSiding
Heating
Heating: ForcedAir
Income
Gross Income: $62,040, Net Operating Income: $39,356
Lot
Features: Level, PublicRoad, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: ProfitLossStatement
Parking
Features: Driveway, Open
Property
Number Of Units Total: 5, Property Condition: Existing, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,246, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,055, Area: 585, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,295, Area: 600, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $960, Area: 585, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $995, Area: 585, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $865, Area: 585, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Jamie Meushaw
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Schools In The Area

Check out nearby schools with ratings and contact info.
Jason Lee Elementary School 503-916-6144 Public EE-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Jason Lee Elementary School 503-916-6144 Public EE-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.