1904 SE 80TH AVE Portland, OR $ 2,250,000
1904 SE 80TH AVE
$ 2,250,000
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1904 SE 80TH AVE

Portland, OR, 97215
$ 2,250,000
Bedrooms7 Baths5.0 Sq 8,550

Monthly Estimate*

$ 13,854

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Multi-Family Home for sale in Portland, OR

for $2,250,000 with 7 bedrooms and 5 full baths. This 8,550 square foot home was built in 1966 on a lot size of 0.43.

Tabor Villa Apartments presents a rare opportunity to acquire a turn-key, fully stabilized multifamily asset in one of Southeast Portland’s strongest and most resilient submarkets. The property consists of 11 modernized units and is ideally positioned within a quiet residential enclave of the Montavilla neighborhood, offering residents a peaceful living environment while remaining minutes from the vibrant retail, dining, and lifestyle amenities along Hawthorne, Division, and greater SE Portland.The property benefits from proximity to major employment and educational institutions, including Warner Pacific University and Portland Community College, which supports consistent demand from a broad and diversified tenant base. The community features single-level apartment homes with spacious floor plans, modern finishes, and on-site parking - a highly desirable amenity that further enhances tenant appeal and retention in this submarket.Tabor Villa has undergone a comprehensive interior and exterior renovation, transforming the asset into a modern, low-maintenance investment. Each unit was upgraded with new cabinetry, quartz countertops, stainless steel appliances, updated flooring, fresh paint, and contemporary design touches throughout, positioning the property to meet the expectations of today’s renters while minimizing near-term capital expenditures.The property has been successfully leased at strong market rents and has demonstrated solid performance in recent years, providing an incoming investor with immediate, stable cash flow from day one. In addition to its current income profile, the investment offers meaningful upside potential through continued rent growth as units re-lease during more favorable spring and summer leasing cycles, as well as from anticipated tightening in the Portland rental market driven by limited new multifamily construction in the coming years.

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 23,298

Style

Lot Size

0.43

Year Built

1966

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

755752891

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Roof Composition
Zoning R1
Year Built 1966
Stories Count 1
Tax Year 2025
Parcel Number R332567
Gross Income 219223.0
Community Features Laundry
County Multnomah
Net Operating Income 142232.0
Operating Expense 76991.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions SE 80th Ave/SE Harrison - refer to Google maps
High School Franklin
City Portland
Disclosures Exempt
Number Of Units Total 11
MLS Area _143
Lot Size Square Feet 18730.0
Listing Terms Assumable CallListingAgent Cash Conventional
Elementary School Vestal
Tax Annual Amount 23298.45
Middle/Junior High School Harrison Park
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 05 1S 2E TL 6400 0.43 ACRES
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Interior
Basement Daylight ExteriorEntry Finished
Storage IndividualStorageUnits Locked
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 2
Unit 4 Baths Total 2
Unit 4 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Assigned OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description Brick
Foundation Details Block
Building Area Total 8550.0
Lot Size Acres 0.43
Road Surface Type Paved
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Internal Only
Street Number 1 1904
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* Excluded Features
List By
Barry Investment Real Estate

Broker

phil@barryinvestmentre.com

Email

Affordability Calculator

$15,795
Per Month
88%
12%
0%
Monthly Principal & Interest
$13,854
Monthly Property Taxes
$1,942
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
4379231 Elementary School
3246420 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$2,250,000 Listed Price

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1904 SE 80TH AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $2,250,000 with 8,550 sqft and a lot size of 0.43. 1904 SE 80TH AVE has 7 bedrooms, 5.0 baths, and was built in 1966. The property's zip code is 97215 which is in Portland, OR