3541 SE YAMHILL ST Portland, OR $ 2,350,000
3541 SE YAMHILL ST
$ 2,350,000
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3541 SE YAMHILL ST

Portland, OR, 97214
$ 2,350,000
Bedrooms16 Baths8.0 Sq 6,272

Monthly Estimate*

$ 14,469

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Multi-Family Home for sale in Portland, OR

for $2,350,000 with 16 bedrooms and 8 full baths. This 6,272 square foot home was built in 1979 on a lot size of 0.22.

ONE-OF-A-KIND! A trophy 8-plex, situated on a residential street between Belmont & Hawthorne. The property was fully renovated "down to the studs" in 2015 and has been meticulously maintained! The Property is an outstanding rental with a historical vacancy rate of 1.24%! Professionally managed by the same manager since 2015 with complete and detailed records. Each unit has too much to list, but highlights include: LVP flooring throughout (no carpet), Milgard vinyl windows, solid core doors, tankless (gas) water heaters, in-unit stacked laundry. Property highlights include: Outdoor area w/ patio tables and chairs, BBQ, bike storage shed, individual storage lockers, assigned off-street parking (8 spaces), wired surveillance camera system, in-ground sprinklers, LED landscape lighting. A "Walker's (95) & Biker's (100) Paradise" with many nearby transit options. Nearby parks include Sunnyside School Park, Laurelhurst City Park and Sewallcrest City Park. 10/10! The property manager is available for in-person orientation and Q&A.

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Multi-Family Active

Price

$ 2,350,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 25,432

Style

Lot Size

0.22

Year Built

1979

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

221791392

Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Cooling ExhaustFan
Roof Composition
Zoning RM2
Security Features SecurityLights Sidewalk
Year Built 1979
Stories Count 2
Tax Year 2025
Parcel Number R280541
Gross Income 182760.0
Community Features AllLandscaping Commons Laundry
County Multnomah
Net Operating Income 121447.0
Operating Expense 61313.0
Property Type MultiFamily
HOA N
Subdivision Name BELMONT/HAWTHORNE
Rent Includes MaintenanceGrounds
Status Active
Directions SE Yamhill St between SE 35th & 37th Ave
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 8
MLS Area _143
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional
Elementary School Sunnyside Env
Tax Annual Amount 25432.22
Middle/Junior High School Sunnyside Env
Property Condition Existing
Standard Status Active
TaxOtherAnnualAssessmentAmount 0
Accessory Dwelling Unit Y/N N
Legal Description SUNNYSIDE & PLAT 2 & 3 BLOCK 20 LOT 13&16 BLOCK 69 LOT 16
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Interior
Basement CrawlSpace None
Storage Attached IndividualStorageUnits
Hot Water Gas Tankless
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 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 2
Unit 8 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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Exterior
Parking Features Assigned OffStreet
Lot Features Level Trees
Water Source PublicWater
Total Parking 8.0
Exterior Description Brick Cedar LapSiding
Foundation Details ConcretePerimeter
Building Area Total 6272.0
Lot Size Acres 0.22
Road Surface Type Concrete
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Internal Only
Street Number 1 3541
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* Excluded Features
List By
Rick Bean Real Estate

Broker

rbrepdx@gmail.com

Email

Affordability Calculator

$16,589
Per Month
87%
13%
0%
Monthly Principal & Interest
$14,469
Monthly Property Taxes
$2,119
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
1948948 Elementary School
1949162 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$2,350,000 Listed Price

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3541 SE YAMHILL ST, Portland, OR, 97214 is a Multi-Family Home for sale at $2,350,000 with 6,272 sqft and a lot size of 0.22. 3541 SE YAMHILL ST has 16 bedrooms, 8.0 baths, and was built in 1979. The property's zip code is 97214 which is in Portland, OR