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3485 SW 87TH AVE Portland, OR $ 6,700,000
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3485 SW 87TH AVE
$ 6,700,000
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3485 SW 87TH AVE

Portland, OR, 97225
$ 6,700,000
Bedrooms5 Baths5.0 Sq 25,150

Monthly Estimate*

$ 41,253

3485 SW 87TH AVE, Portland, OR 97225 - Image 1
3485 SW 87TH AVE, Portland, OR 97225 - Image 2
3485 SW 87TH AVE, Portland, OR 97225 - Image 3
3485 SW 87TH AVE, Portland, OR 97225 - Image 4

Multi-Family Home for sale in Portland, OR

for $6,700,000 with 5 bedrooms and 5 full baths. This 25,150 square foot home was built in 1969 on a lot size of 0.98.

The West Slope Apartments is a well-maintained 36-unit multifamily community located in desirable Washington County, offering investors a proven track record of stable operations and long-term ownership since 2007. The property has benefited from significant capital improvements, including new vinyl windows, several new roofs, and all new electrical panels, helping minimize deferred maintenance and support long-term performance. With a strong history of high occupancy and consistent income, West Slope Apartments presents an attractive opportunity in one of the Portland metro area’s most established and resilient rental markets. Listing Broker is partial owner of the property. Please do not disturb residents.

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Multi-Family Active

Price

$ 6,700,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 12,958

Style

Lot Size

0.98

Year Built

1969

Town/City

Portland

County/Region

Washington

MLS | Web ID

149828715
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition Membrane Metal
Zoning Multi
Garage Spaces 2.0
Year Built 1969
Stories Count 2
Tax Year 2025
Parcel Number R77650 R77632
Gross Income 500159.0
Community Features FrontYardLandscaping Laundry
County Washington
Net Operating Income 363418.0
Operating Expense 180511.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Canyon Road S on SW 87th to property
High School Beaverton
City Portland
Number Of Units Total 36
MLS Area _148
Lot Size Square Feet 42688.0
Listing Terms Cash Conventional
Elementary School Raleigh Hills
Tax Annual Amount 12958.85
Middle/Junior High School Whitford
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ACRES 0.98
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Exterior
Parking Features OffStreet Paved
Lot Features Level
Water Source PublicWater
Exterior Description T111Siding
Foundation Details ConcretePerimeter Slab
Building Area Total 25150.0
Lot Size Acres 0.98
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Internal Only
Street Number 1 3485
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* Excluded Features
List By
Pounder Realty Llc

Broker

grayson@pounderrealty.com

Email

Affordability Calculator

$42,333
Per Month
97%
3%
0%
Monthly Principal & Interest
$41,253
Monthly Property Taxes
$1,080
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
1949788 Elementary School
1950711 Middle School
Beaverton High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2026$6,700,000 Listed Price

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3485 SW 87TH AVE, Portland, OR, 97225 is a Multi-Family Home for sale at $6,700,000 with 25,150 sqft and a lot size of 0.98. 3485 SW 87TH AVE has 5 bedrooms, 5.0 baths, and was built in 1969. The property's zip code is 97225 which is in Portland, OR

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