8805 SE 17TH AVE

Portland, OR 97202

Active

Multifamily

Virtual Tour

$1,270,000

An exceptional investment opportunity in one of Portland’s most desirable and walkable neighborhoods—Sellwood-Moreland. This fully leased 5-unit multifamily property offers consistent cash flow, long-term tenants, and excellent proximity to parks, schools, shops, and transit.The property sits on a corner lot and features a strong unit mix. Four 2BR/1.5BA townhomes offer… Read MoreRead Less

Listing courtesy of Premiere Property Group, LLC.

Listing Snapshot

Days Online

Last Updated

Aug 5, 2025

Square Ft.

4,536

Lot Size

0.12 Acres

Year Built

1968

MLS Number

782010914

30 Days Snapshot Of 97202

$721k

+1%

(avg) sold price

-4%

homes sold

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Concrete

Basement

Basement: None

Building

Building Area Total: 4536, Built in 1968, Storage: Attached, Locked, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

Expenses

Operating Expense: $36,749

Exterior Features

Exterior Description: CementSiding, Stone, Stucco

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 6

Heating

Heating: ForcedAir

Income

CAP Rate: 4.07, Gross Income: $88,140, Gross Rent Multiplier: 14.41, Net Operating Income: $51,749

Lot

Features: CornerLot, Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt

Parking

Features: Carport, OffStreet, 6 total parking spots

Property

Number Of Units Total: 5, Property Condition: UpdatedRemodeled, Zoning: R1D

Roof

Roof: Flat

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $10,597, Legal Description

Unit One

Actual Rent: $1,795, Area: 1009, Features: Range, Refrigerator, Storage, WasherDryer, Units Total: 2, 2 total bathrooms, 2 total bedroom

Unit Two

Actual Rent: $1,750, Area: 1009, Features: Range, Refrigerator, Storage, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Three

Actual Rent: $1,695, Area: 1009, Features: Range, Refrigerator, Storage, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Four

Actual Rent: $1,465, Area: 500, Features: Range, Refrigerator, Storage, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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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 © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Aug 5, 2025. 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 Aug 5, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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