4824 NE 8TH AVE Portland, OR $ 895,000
4824 NE 8TH AVE
$ 895,000
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4824 NE 8TH AVE

Portland, OR, 97211
$ 895,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 5,584

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Multi-Family Home for sale in Portland, OR

for $895,000 with 5 bedrooms and 2 full baths. This home was built in 1910 on a lot size of 0.09.

Completely rebuilt from the studs out! This exceptional duplex offers two fully remodeled units with all-new systems, finishes, and permits. Every detail has been redone — new plumbing, electrical, panel, insulation, drywall, windows, waterproofed basement, and flooring. Main Unit (3BR/1BA) features a stunning remodeled kitchen, one bedroom on the main and two in the finished basement, hardwood floors upstairs, new carpet below, remodeled bath, and a utility/laundry room. Upper Unit (2BR/1BA) offers hardwood floors throughout, a remodeled kitchen and bath with laundry area, and abundant natural light. Strong rental income with market rents of $3,500 and $2,500 per month. All architectural plans, receipts, and permits available. A rare turnkey opportunity — perfect for investors or owner-occupants.

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Multi-Family Active

Price

$ 895,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,396

Style

Lot Size

0.09

Year Built

1910

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

375903263

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WindowUnit
Roof Composition
Zoning R2.5
Year Built 1910
Stories Count 3
Tax Year 2024
Parcel Number R210426
Gross Income 72000.0
County Multnomah
Net Operating Income 54000.0
Operating Expense 18000.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions East on Alberta St - South on 8th Ave
High School Jefferson
City Portland
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Elementary School MartinL King Jr
Tax Annual Amount 6396.66
Middle/Junior High School Harriet Tubman
Property Condition Restored
High School 2 Grant
Virtual Tour https://video214.com/play/qCzI6h1Mlo4HWZt02CCOqQ/s/dark
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LYONS ADD BLOCK 2 LOT 12
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Interior
Basement Finished
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway
Water Source PublicWater
Exterior Description WoodSiding
Lot Size Acres 0.09
Road Surface Type Concrete
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Internal Only
Street Number 1 4824
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* Excluded Features
List By
Real Broker

Broker

javier@alomiagroup.com

Contact

Affordability Calculator

$6,117
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,584
Monthly Property Taxes
$533
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
2580952 Elementary School
2406671 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$895,000 Listed Price

Map


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4824 NE 8TH AVE, Portland, OR, 97211 is a Multi-Family Home for sale at $895,000 with a lot size of 0.09. 4824 NE 8TH AVE has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 97211 which is in Portland, OR