839 SW GREEN AVE Portland, OR $ 1,745,000
839 SW GREEN AVE
$ 1,745,000
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839 SW GREEN AVE

Portland, OR, 97205
$ 1,745,000
Baths5.0 Sq 3,321

Monthly Estimate*

$ 10,887

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Studio

Multi-Family Home for sale in Portland, OR

for $1,745,000 with 5 full baths. This 3,321 square foot home was built in 1910.

Listing price reflects a Portfolio of two properties, totaling 7 units, along with 2324 SW Cactus, See MLS#665770755 Properties are adjacent to one another.Welcome to the Cedar Hill Apartments, one of Portland's first reinforced concrete buildings. Designed by Architect Henry Hefty in the American Renaissance style in 1910. The Cedar Hill Apartments has 5 generously sized studio apartments, with oak hardwood floors, built-ins in the dining room, and remodeled kitchens & bathrooms respecting the 1910 era, between 2006-2008. Additionally during 2006-2008 the building received a new roof, updated electrical - including 5 meters, interior water lines plus 18 plumbing fixtures. The oil tank was just decommissioned to DEQ Standards by Soil Solutions. Owner pays garbage, water, sewer and gas for common hot water heater. Electrical is metered separately, heat is by radiant floors in kitchen and bath, plus zonal electrical heat. Laundry is common, coin-op machines owned by seller. Photos in RMLS are of apartment #3 are represent the interiors and layout of the other apartments.Detailed brochure with additional photos and floor plans available upon request, via email. Please see adjacent property included, a Duplex at 2324 SW Cactus MLS#665770755. The 2 properties have historically been owned as a package and seller doesn't want to sell them separately due to shared water & sewer line & some of the leases for SW Green also use the parking lot adjacent to the SW Cactus property. The Income/expenses shown reflect totals of both properties combined. However, property taxes reflect amount for each property. Both properties have had long-term tenants and great, solid rental history.Fabulous urban location: Located 650 feet away from Starbucks, Zupan's and Uptown Shopping. NW 23rd Ave is .25 of a mile away. Showings are available on Thursdays between 11-3 with 24 hour notice, otherwise showings of interiors are subject to accepted offer. PLEASE DO NOT DISTURB TENANTS.

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Multi-Family Active

Price

$ 1,745,000

Bedrooms

Studio

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,246

Style

Year Built

1910

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

175139492

Features
General
Sewer Other PublicSewer
Heating Radiant WallHeater
Roof BuiltUp Flat
Zoning RM2
Year Built 1910
Stories Count 3
Tax Year 2024
Parcel Number R130375
Gross Income 109740.0
Community Features Commons Laundry
County Multnomah
Net Operating Income 55191.0
Operating Expense 54549.0
Property Type MultiFamily
HOA N
Subdivision Name Historic Kings Hill/West Hills
Rent Includes Gas MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions SW Vista to Park Place to SW Green
High School Lincoln
City Portland
Number Of Units Total 5
MLS Area _148
Listing Terms Cash Conventional
Elementary School Ainsworth
Tax Annual Amount 11246.0
Middle/Junior High School West Sylvan
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CEDAR HILL LOT 26 TL 2400 AND CEDAR HILL LOT 26 TL 2300
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Interior
Basement Daylight PartiallyFinished
Storage IndividualStorageUnits
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit 3 Baths Total 1
Unit 3 Beds Total 0
Unit 4 Baths Total 1
Unit 4 Beds Total 0
Unit 5 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Exterior
Parking Features None
Lot Features Sloped
Water Source Other PublicWater
Exterior Description Stucco
Foundation Details ConcretePerimeter
Building Area Total 3321.0
Lot Dimensions See Plat Map
Road Surface Type Paved
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Internal Only
Street Number 1 839
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* Excluded Features
List By
Windermere Realty Trust

Broker

dan@danvolkmer.com

Email

Affordability Calculator

$11,824
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,887
Monthly Property Taxes
$937
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
1949242 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$1,745,000 -5.42% Price Down
8/15/2025$1,845,000 Listed Price

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839 SW GREEN AVE, Portland, OR, 97205 is a Multi-Family Home for sale at $1,745,000 with 3,321 sqft. 839 SW GREEN AVE is a studio with 5.0 baths and was built in 1910. The property's zip code is 97205 which is in Portland, OR