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8205 SE HARNEY ST Portland, OR $ 3,575,000
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$ 3,575,000 Get more info
8205 SE HARNEY ST
$ 3,575,000
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8205 SE HARNEY ST

Portland, OR, 97266
$ 3,575,000
Baths0.0

Monthly Estimate*

$ 22,303

8205 SE HARNEY ST, Portland, OR 97266 - Image 1
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8205 SE HARNEY ST, Portland, OR 97266 - Image 9
8205 SE HARNEY ST, Portland, OR 97266 - Image 10
8205 SE HARNEY ST, Portland, OR 97266 - Image 11
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Studio

Multi-Family Home for sale in Portland, OR

for $3,575,000. This home was built in 1970 on a lot size of 1.55.

Presenting a rare opportunity to acquire three value-add mobile home/RV parks with 59 total spaces in prime Portland metro locations: (1) 8205 SE Harney St, Portland, OR, (2) 8460 SE Clatsop St, Happy Valley, OR, & (3) 4720 NE 110th Ave, Portland, OR. Each park is connected to city water and sewer, with the ability to bill back utilities. Current rents are significantly below market, offering immediate upside through rent adjustments. Properties are valued at 75% occupancy, creating a strong path to boost NOI by filling vacancies.With several low-income housing incentives available, and located in a metro of over 2.5 million residents, these parks offer resilient cash flow and major long-term potential. Don’t miss out on this rare portfolio with both stability and growth ahead! Investment Highlights:-ABILITY TO BILL BACK UTILITIES -RENTS ARE UNDER MARKET -VALUED AT 75% OCCUPANCY -LOCATED IN PORTLAND METRO AREA WITH POPULATION 2.5 MILLION -STABILIZED VALUE $5,735,000

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Multi-Family Active

Price

$ 3,575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,380

Style

Lot Size

1.55

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

557283272
Features
General
Sewer PublicSewer
Heating Other
Zoning R7
Year Built 1970
Stories Count 1
Tax Year 2024
Parcel Number R714737
Gross Income 472919.0
Waterfront Features Creek
County Multnomah
Net Operating Income 307394.0
Operating Expense 165525.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions SE 82nd & Harney
High School Cleveland
City Portland
Body of Water Johnson Creek
Number Of Units Total 59
MLS Area _143
Lot Size Square Feet 67518.0
Listing Terms CallListingAgent Cash Contract Conventional OwnerWillCarry
Elementary School Whitman
Tax Annual Amount 6380.91
Middle/Junior High School Lane
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2022-17 LOT 1 EXC PT IN ST
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Exterior
Lot Features CornerLot Level Stream Trees
Water Source PublicWater
Exterior Description Other
Lot Size Acres 1.55
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Interior
Unit 1 Baths Total 0
Unit 1 Beds Total 0
Unit Type UnitTypeType1
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Internal Only
Street Number 1 8205
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* Excluded Features
List By
Columbia Equity Advisors

Broker

keesa@columbiaequityadvisors.com

Email

Affordability Calculator

$22,835
Per Month
98%
2%
0%
Monthly Principal & Interest
$22,303
Monthly Property Taxes
$532
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
1951014 Elementary School
1949461 Middle School
Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/18/2025$3,575,000 Listed Price

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8205 SE HARNEY ST, Portland, OR, 97266 is a Multi-Family Home for sale at $3,575,000 with a lot size of 1.55. 8205 SE HARNEY ST is a studio with 0.0 baths and was built in 1970. The property's zip code is 97266 which is in Portland, OR

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