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8625 SE KNAPP ST Portland, OR $ 525,000
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8625 SE KNAPP ST
$ 525,000
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8625 SE KNAPP ST

Portland, OR, 97266
$ 525,000
Bedrooms4 Baths2.0 Sq 1,642

Monthly Estimate*

$ 3,233

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Multi-Family Home for sale in Portland, OR

for $525,000 with 4 bedrooms and 2 full baths. This 1,642 square foot home was built in 1953.

Two detached residences on one lot paired with a 3% assumable FHA loan, creating an appealing opportunity for those seeking rental income, shared living flexibility, or long-term investment potential.The main home at 8625 SE Knapp St includes 2 bedrooms, 1 bathroom, and 1,042 sq ft of thoughtfully updated space. Features include quartz countertops, stainless steel appliances, an updated bathroom with walk-in shower, and an open-concept layout. Additional improvements such as LVP flooring, tankless water heater, Nest-controlled gas furnace, and plumbing updates support everyday efficiency.The second residence at 7227 SE 87th Ave offers 2 bedrooms and 1 bathroom across 600 sq ft, with quartz countertops, stainless appliances, stackable laundry, and a practical layout. A 20’ x 12’ covered parking patio adds usable outdoor functionality. A compelling setup for those exploring multi-unit living or income-producing property options.

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Multi-Family Active

Price

$ 525,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,765

Style

Year Built

1953

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

178199028
Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Roof Composition
Zoning R5
Year Built 1953
Stories Count 1
Parcel Number R172134
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Foster (East) to 82nd (N) to Knapp
High School Franklin
City Portland
Number Of Units Total 2
MLS Area _143
Listing Terms Assumable Cash Conventional FHA
Elementary School Kelly
Tax Annual Amount 4765.21
Middle/Junior High School Lane
Virtual Tour https://www.zillow.com/view-imx/15051212-e6ad-4c25-9a27-49714a951217?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GORDON PL BLOCK 5 LOT 11&12 TL 800
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Exterior Description ShakeSiding
Building Area Total 1642.0
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Interior
Hot Water Tankless
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 8625
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* Excluded Features
List By
Urban Nest Realty

Broker

kylebconway@gmail.com

Email

Affordability Calculator

$3,630
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$397
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
1950266 Elementary School
1950444 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2026$525,000 Listed Price

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8625 SE KNAPP ST, Portland, OR, 97266 is a Multi-Family Home for sale at $525,000 with 1,642 sqft. 8625 SE KNAPP ST has 4 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 97266 which is in Portland, OR

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