2885 NE COUCH ST Portland, OR $ 799,000
2885 NE COUCH ST
$ 799,000
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2885 NE COUCH ST

Portland, OR, 97232
$ 799,000
Bedrooms2 Baths4.0

Monthly Estimate*

$ 4,920

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Multi-Family Home for sale in Portland, OR

for $799,000 with 2 bedrooms and 4 full baths. This home was built in 2020.

Welcome to this thoughtfully designed home in a sought-after NE Portland location, offering a rare opportunity for owner-occupancy with an income-producing ADU. Built in 2019, this just under 1,900sf home features tall ceilings and walls of windows that bring in abundant natural light. Constructed with energy-efficient systems and modern standards, it offers both comfort and efficiency. The main residence includes 2 bedrooms and 2.5 baths with a double primary suite layout, along with a custom kitchen featuring stainless steel appliances, slab countertops, designer lighting and plumbing fixtures, and a clean, modern palette. The attached 1 bed, 1 bath ADU has a private entrance—ideal for rental income, guest quarters, or flexible living. Strong short-term rental potential and close proximity to some of NE Portland’s most vibrant restaurants, shops, and amenities make this a compelling investment and lifestyle opportunity.

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Multi-Family Active

Price

$ 799,000

Bedrooms

2

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,588

Style

Year Built

2020

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

692900427

Features
General
Sewer PublicSewer
Heating MiniSplit Zoned
Zoning R2.5
Year Built 2020
Parcel Number R691541
Gross Income 50400.0
County Multnomah
Net Operating Income 40320.0
Operating Expense 10080.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions NE Couch and 29th
High School Cleveland
City Portland
Number Of Units Total 3
MLS Area _142
Listing Terms Cash Conventional
Elementary School Buckman
Tax Annual Amount 8588.97
Middle/Junior High School Hosford
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HAWTHORNES 1ST ADD BLOCK 17 S 36' OF LOT 8
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Exterior
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding
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Interior
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 2885
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* Excluded Features
List By
Windermere Realty Trust

Broker

michaelajacobson@windermere.com

Contact

Affordability Calculator

$5,635
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$716
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
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$799,000 Listed Price

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2885 NE COUCH ST, Portland, OR, 97232 is a Multi-Family Home for sale at $799,000. 2885 NE COUCH ST has 2 bedrooms, 4.0 baths, and was built in 2020. The property's zip code is 97232 which is in Portland, OR