3433 SE 22ND AVE Portland, OR $ 799,000
3433 SE 22ND AVE
$ 799,000
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3433 SE 22ND AVE

Portland, OR, 97202
$ 799,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 4,985

3433 SE 22ND AVE, Portland, OR 97202 - Image 1
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Multi-Family Home for sale in Portland, OR

for $799,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1965 on a lot size of 0.11.

Updated 4-Plex in the Brooklyn Neighborhood – Ideal for Investors or Owner-Occupants! Excellent opportunity to own a well-maintained and updated 4-plex in the vibrant Brooklyn neighborhood and super close to all the trendy SE Division St restaurants and shops. Each of the four units offers 2 bedrooms, 1 bathroom with 750 sq ft of comfortable living space.Recent upgrades include new flooring and fresh interior paint in each unit, new water heaters, and a newer roof, windows, and siding all contributing to lower maintenance costs and long-term value. Tenants enjoy the convenience of free on site laundry and off street parking, making these units highly desirable and easy to rent.One unit will be delivered vacant, making this a perfect fit for owner-occupied financing or for an investor looking to place a new tenant at market rent. Located close to public transit, parks, shops, and restaurants, this property combines strong rental income potential with the benefits of a growing neighborhood.Don’t miss this turnkey multifamily investment!

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Multi-Family Active

Price

$ 799,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,345

Style

Lot Size

0.11

Year Built

1965

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

523457612

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning MultiF
Year Built 1965
Stories Count 2
Tax Year 2024
Parcel Number R271534
Gross Income 66600.0
County Multnomah
Net Operating Income 44055.0
Operating Expense 22545.0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions SE Powell to 22nd ave
High School Cleveland
City Portland
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional
Elementary School Grout
Tax Annual Amount 8345.03
Middle/Junior High School Hosford
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SMITHS SUB & ADD EP BLOCK 11 TL 18300
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Interior
Storage None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Driveway
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding
Building Area Total 3000.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 3433
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* Excluded Features
List By
Keller Williams Sunset Corridor

Broker

503-501-6925

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Affordability Calculator

$5,680
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$695
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
1949298 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$799,000 -1.96% Price Down
11/3/2025$815,000 -1.21% Price Down
10/11/2025$825,000 -1.79% Price Down
9/28/2025$840,000 Listed Price

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3433 SE 22ND AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $799,000 with 3,000 sqft and a lot size of 0.11. 3433 SE 22ND AVE has 8 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 97202 which is in Portland, OR