3236 SE YAMHILL ST Portland, OR $ 750,000
3236 SE YAMHILL ST
$ 750,000
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3236 SE YAMHILL ST

Portland, OR, 97214
$ 750,000
Bedrooms3 Baths2.0 Sq 2,475

Monthly Estimate*

$ 4,679

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Multi-Family Home for sale in Portland, OR

for $750,000 with 3 bedrooms and 2 full baths. This 2,475 square foot home was built in 1904 on a lot size of 0.15.

Rare Inner SE Development + Income Opportunity in the Heart of Sunnyside! This charming duplex sits on a rare double lot (66x100) in the highly desirable Sunnyside neighborhood, just blocks from vibrant Belmont and Hawthorne corridors. The property features a 2 bed/1 bath main-level unit and a 1 bed/1 bath upper-level unit, with shared laundry and ample storage in the basement.With a history of long-term tenants and low vacancy, this property has been well-maintained by a longtime owner. The lower unit is currently vacant, presenting an ideal opportunity for an owner-occupant or value-driven investor seeking immediate upside.Per the City of Portland, a simple lot line confirmation could create a second buildable 33x100 lot—unlocking potential for increased density or future development. Buyer to conduct all due diligence; seller makes no warranties or representations.Whether you're looking to hold for cash flow, add value through redevelopment, or live on-site while planning your next move, this is a compelling opportunity in one of Portland’s most dynamic neighborhoods.

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Multi-Family Active

Price

$ 750,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,315

Style

Lot Size

0.15

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

200738252

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning R2.5
Year Built 1904
Stories Count 2
Tax Year 2024
Parcel Number R280638
Gross Income 33151.0
County Multnomah
Net Operating Income 15138.0
Operating Expense 18013.0
Property Type MultiFamily
HOA N
Rent Includes Gas MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions SE Belmont to SE 32nd to SE Yamhill
High School Franklin
City Portland
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional
Elementary School Sunnyside Env
Tax Annual Amount 6315.1
Middle/Junior High School Sunnyside Env
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SUNNYSIDE & PLAT 2 & 3 BLOCK 28 LOT 10&11
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Interior
Basement Unfinished
Hot Water Electricity Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2475.0
Lot Size Acres 0.15
Road Surface Type Paved
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Internal Only
Street Number 1 3236
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* Excluded Features
List By
Luxe Forbes Global Properties

Broker

sodermann@luxeoregon.com

Email

Affordability Calculator

$5,205
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,679
Monthly Property Taxes
$526
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
1948948 Elementary School
1949162 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$750,000 Listed Price

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3236 SE YAMHILL ST, Portland, OR, 97214 is a Multi-Family Home for sale at $750,000 with 2,475 sqft and a lot size of 0.15. 3236 SE YAMHILL ST has 3 bedrooms, 2.0 baths, and was built in 1904. The property's zip code is 97214 which is in Portland, OR