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35 NE 22ND AVE Portland, OR $ 1,095,000
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35 NE 22ND AVE
$ 1,095,000
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35 NE 22ND AVE

Portland, OR, 97232
$ 1,095,000
Bedrooms6 Baths6.0 Sq 5,111

Monthly Estimate*

$ 6,742

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Multi-Family Home for sale in Portland, OR

for $1,095,000 with 6 bedrooms and 6 full baths. This 5,111 square foot home was built in 1898 on a lot size of 0.12.

Welcome to the historic Groat-Gates House, a beautifully preserved 1898 Late Victorian Queen Anne–Eastlake 6 plex rich in character and architectural detail. Listed on the historic register and originally owned by a former Portland mayor, this iconic property blends timeless elegance with strong investment potential.Situated on a prominent corner lot in Portland’s sought-after Kerns neighborhood, the property offers unbeatable walkability —just steps to popular restaurants, cafes, theaters, parks, and everyday conveniences. With a Walk Score of 93 and a perfect Bike Score of 100, tenants enjoy a highly connected, urban lifestyle that supports consistent demand and stable cash flow.The building has been well maintained, preserving its historic charm while providing a comfortable living environment for residents. A spacious backyard deck offers a peaceful outdoor retreat, ideal for tenant enjoyment and added appeal.An exceptional opportunity to own a piece of Portland history with proven rental performance in one of the city’s most vibrant neighborhoods.

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Multi-Family Active

Price

$ 1,095,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 14,299

Style

Lot Size

0.12

Year Built

1898

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

741108670
Features
General
Sewer PublicSewer
Heating Ductless ForcedAir
Cooling HeatPump MiniSplit
Roof Composition
Zoning RM2
Garage Spaces 0
Security Features FireSprinklerSystem
Year Built 1898
Stories Count 3
Tax Year 2025
Parcel Number R148627
Gross Income 107260.0
Community Features Laundry
County Multnomah
Net Operating Income 58493.0
Operating Expense 48767.0
Property Type MultiFamily
HOA N
Subdivision Name KERNS
Rent Includes Electricity Sewer TrashCollection Water
Status Active
Directions North of E Burnside on NE 22nd. Corner of NE Couch St & NE 22nd Ave
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 6
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional VALoan
Elementary School Buckman
Tax Annual Amount 14299.4
Middle/Junior High School Hosford
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description DUNNS ADD BLOCK 6 N 1/2 OF LOT 9&10
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Interior
Basement ExteriorEntry FullBasement
Storage Basement
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Lot Features CornerLot
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 5111.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 35
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* Excluded Features
List By
Realty Works Group

Broker

andrew@portlandishome.com

Email

Affordability Calculator

$7,934
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,742
Monthly Property Taxes
$1,192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
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Pricing History
DatePricePrice ChangeDescription
4/22/2026$1,095,000 Listed Price

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35 NE 22ND AVE, Portland, OR, 97232 is a Multi-Family Home for sale at $1,095,000 with 5,111 sqft and a lot size of 0.12. 35 NE 22ND AVE has 6 bedrooms, 6.0 baths, and was built in 1898. The property's zip code is 97232 which is in Portland, OR

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