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2309 SE 90TH AVE Portland, OR $ 1,068,900
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2309 SE 90TH AVE
$ 1,068,900
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2309 SE 90TH AVE

Portland, OR, 97216
$ 1,068,900
Bedrooms8 Baths7.0

Monthly Estimate*

$ 6,669

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Multi-Family Home for sale in Portland, OR

for $1,068,900 with 8 bedrooms and 7 full baths. This home was built in 1996 on a lot size of 0.34.

CASH FLOWING INVESTMENT. A House plus Tri-pLex. Say no more. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838 (based on 20% down, 7% interest, 30-year fixed).That’s positive cash flow from day one, with room for increased returns over time!Whether you're looking to expand your portfolio or house-hack by living in one and renting the others, this property checks all the boxes.Prime location with strong rental demand.4 total units: 3 in the triplex + 1 detached home.Consistent rental history with upside potential.Minimal immediate maintenance needed — turnkey ready.Don't miss out on this high-yield investment — opportunities like this are rare! Trustee is a licensed Real Estate Agent in Oregon

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Multi-Family Active

Price

$ 1,068,900

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 16,212

Style

Lot Size

0.34

Year Built

1996

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24376013
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning R-1
Garage Spaces 4.0
Year Built 1996
Stories Count 2
Tax Year 2025
Parcel Number R106037
Gross Income 101400.0
County Multnomah
Net Operating Income 63768.0
Operating Expense 37632.0
Property Type MultiFamily
HOA N
Subdivision Name MONTAVILLA
Rent Includes Sewer TrashCollection Water
Status Active
Directions DIVISION TO SE 90TH
High School Leodis McDaniel
City Portland
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 14810.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Clark
Tax Annual Amount 16212.46
Middle/Junior High School Harrison Park
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ANDERSON TR LOT 19
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Interior
Basement Unfinished
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 3
Unit 3 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Garage Paved
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.34
Road Surface Type Paved
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Internal Only
Street Number 1 2309
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-313-8806

Contact

Affordability Calculator

$8,020
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,669
Monthly Property Taxes
$1,351
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4589751 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
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Pricing History
DatePricePrice ChangeDescription
5/27/2025$1,068,900 -2.74% Price Down
4/2/2025$1,099,000 -11.30% Price Down
3/26/2025$1,239,000 -4.32% Price Down
11/17/2024$1,295,000 Listed Price

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2309 SE 90TH AVE, Portland, OR, 97216 is a Multi-Family Home for sale at $1,068,900 with a lot size of 0.34. 2309 SE 90TH AVE has 8 bedrooms, 7.0 baths, and was built in 1996. The property's zip code is 97216 which is in Portland, OR

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