844 SE 117th Avenue Portland, OR $ 550,000
844 SE 117th Avenue
$ 550,000
Recently Listed
Open House 5/30 10am - 12pm
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844 SE 117th Avenue

Portland, OR, 97216
$ 550,000
Baths0.0 Sq 2,688

Monthly Estimate*

$ 3,386

Listed by Savi Realty
844 SE 117th Avenue, Portland, OR 97216 - Image 1
844 SE 117th Avenue, Portland, OR 97216 - Image 2
844 SE 117th Avenue, Portland, OR 97216 - Image 3
844 SE 117th Avenue, Portland, OR 97216 - Image 4
Studio

Multi-Family Home for sale in Portland, OR

for $550,000. This 2,688 square foot home was built in 2005 on a lot size of 0.1148.

This duplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Built in 2005, this attractive two-story duplex with a fenced yard is located on the corner of SE 117th and SE Yamhill, near SE Stark and SE 122nd Avenue, within walking distance to Ventura Park. Each unit features two bedrooms, two-and-a-half baths, and a den that could serve as a third bedroom or office, along with a single-car garage. One tenant has occupied their unit for four years. Projected 2026 gross income is $44,820, with real estate taxes of $8,040. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing opportunity with functional unit layouts and stable tenancy in Southeast Portland.

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Open House

5/30/2026 10:00 AM - 12:00 PM
844 SE 117th Avenue Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,040

Style

Duplex

Lot Size

0.1148

Year Built

2005

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

2530894

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 2005
Property Subtype Multi Family
Tax Year 2025
County Multnomah
Net Operating Income 34187
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Oregon
Special Listing Conditions Auction None
Status Active
Directions SE 117th/Yamhill
High School David Douglas High
City Portland
Senior Community Y/N N
High School District David Douglas
Number Of Units Total 2
MLS Area 2000 - Oregon
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional See Remarks
Tax Annual Amount 8040.4
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Floyd Light Middle
Public Remarks This duplex is offered as part of a 13-property 43-unit residential portfolio that is 98% leased primarily located in Southeast and Northeast Portland and will be sold via Sealed Bid Auction on June
Leasable Area 2688
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0.06
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Exterior
Exterior Amenities Metal/Vinyl
Total Parking 4
Building Area Total 2688
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2530894
Street Number 1 844
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* Excluded Features
List By
Gabe Terreson

Listing Agent

Savi Realty

Broker

Affordability Calculator

$4,056
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$670
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
5483118 Elementary School
5483117 Middle School
David Douglas High High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$550,000 Listed Price

Map


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844 SE 117th Avenue, Portland, OR, 97216 is a Multi-Family Home for sale at $550,000 with 2,688 sqft and a lot size of 0.1148. 844 SE 117th Avenue is a studio with 0.0 baths and was built in 2005. The property's zip code is 97216 which is in Portland, OR